1. Failure to Plan A. Believing that their estate is not large enough to warrant any kind of planning (confusing probate exemptions with estate tax exemptions). i. Probate begins if an estate has $75k of titled real estate or $75k of titled personal property (i.e., cars, bank accounts, etc.). Probate is the process of transferring […]
By Matthew S. Dana, JD, LLM, CPA, CLU, ChFC One of the most critical issues in an estate plan, and one that oftentimes is discussed the least is whether or not there should be a co-trustee to act with the surviving spouse. If so, who it should be, and who should be the successor trustee […]
By, Matthew S. Dana, JD, CPA, LLM, CLU, ChFC How to Choose the Right Estate Planning Lawyer When you vote, do you look at that long list of judges on the ballot and scratch your head and realize you don’t know anything about any of them? Who do you vote for? Who is most qualified? […]
By: Trevor S. Whiting, Dana Whiting Law, PLLC A recent change in the regulations related to the transfer of certain regulated firearms has many people wondering if they should have an NFA Gun Trust. That type of trust is typically used to facilitate the purchase and transfer of “NFA firearms,” such as silencers, machine guns, short-barreled […]
