Estate Planning

Creating a will is one of the most important steps you can take to protect your family and your wishes. However, estate planning is not a one-time event. As your life changes, your will should be reviewed to ensure it still reflects your intentions. Many people create...

People often think that they do not need to make an estate plan until they are older. They may have a specific age in mind, such as waiting until they retire at 65. Many people who admit to procrastinating on estate planning indicate that they are just waiting to make...

Artificial intelligence tools have become increasingly popular in recent years. Many adults now utilize them for the purpose of streamlining everyday tasks, including drafting documents and answering legal questions.  Some people are now even turning to AI platforms...

Alabama is one of the few states that no longer imposes a state-level estate tax. However, the federal estate tax is still very much alive. For 2024, the federal tax exemption sits at $15 million per individual. If your estate approaches that level, strategic planning...

Creating a trust is one of the smartest moves you can make to secure your family’s financial future, but choosing the right trustee is just as important. The person or institution you place in charge of that trust carries enormous responsibility, and the wrong choice...

A trust is one of the most flexible estate planning tools because it can be tailored to your goals, your assets and the people you care about most. Think of it as a set of legally enforceable instructions that governs how your assets are managed and distributed.   You...

Some unmarried couples have been together for so long that everyone they know just assumes they’re married – and they may not bother to correct them. Often, they “feel” married, so they see no reason to bother with the license and ceremony. That’s especially true if...

People generally hope to retain their independence and health for as long as possible as they age. They may make their homes more accessible to allow them enhanced independence in their golden years. Unfortunately, even those who plan carefully could experience...

Charitable giving could involve leaving money or physical property to a specific non-profit organization. Some people want to create scholarship funds, while others might want their loved ones to transfer some of their property to a religious organization after their...

Creating an estate plan means finding the options that help you ensure that your wishes are followed when you’re unable to do so yourself. One of the tasks that this plan completes is outlining who will receive which assets after you pass away.  There are several ways...