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January 2015 Archives

When non-traditional families embrace estate planning

The modern American family is not constructed in any set pattern. While at one point in time the typical American family consisted of two married parents and many children, that construction eventually shifted to two married parents and a few children. Currently, the modern American family has no “typical” size, number of members or relational structure. Now, the prevalence of divorce, adoption, remarriage and a host of other factors have led the American family to emerge in a variety of forms.

Getting back to estate planning basics

Sometimes a process can be so overwhelming that focusing on the foundations of that process can help to make it more manageable. The process of estate planning can certainly be overwhelming and foreign. Therefore, it can help to focus on the basics and allow your attorney to guide you through any complexities or confusing nuance that you may encounter.

Avoiding a very common estate planning misstep

Frequent visitors to our blog are likely aware of how important estate planning can be. Not only can this process help you to ensure that your wishes regarding property are known in the event of your death, this process can also help to ensure that your medical wishes and end-of-life care preferences are known as well. It can help you guard your property against certain taxes after your death and it can help to ensure that your wealth is distributed in accordance with your priorities and values.

Thinking beyond estate tax exclusions

Each time a new year is ushered in, Americans are reminded to refocus their intentions, act in accordance with their values and set priorities. It is perhaps for this reason that many individuals either draft or review their estate plans at the beginning of the year. When thinking about the future, it is not difficult to be reminded that one day our interests will need protecting in very different ways.

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Connors and Sullivan, Attorneys at Law, PLLC
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