As an estate planning attorney, I routinely hear estate planning myths. This blog series is designed to dispel those myths by providing general legal knowledge about estate planning. There will also be an accompanying video that follows each blog post. This week’s myth covers the mistaken belief of being too young to worry about an estate plan.
Read MoreAs an estate planning attorney, I routinely hear estate planning myths. This blog series is designed to dispel those myths by providing general legal knowledge about estate planning. There will also be accompanying videos that follow each blog post. This week’s myth covers the mistaken belief that you don’t need an estate plan because your spouse will receive all of your property.
Read MoreAs an estate planning attorney, I routinely hear estate planning myths. This blog series is designed to dispel those myths by providing general legal knowledge about estate planning. There will also be accompanying videos that follow each blog post. This week’s myth covers the mistaken belief that if you die without a will, the State will receive all of your property and assets a/k/a escheat.
Read MoreAccording to the National Center for Education Statistics, in the 2018–2019 academic year, the average tuition and fees for a public four-year institution were $9,200; $35,800 for a private nonprofit four-year institution; $3,700 for a public two-year institution; and $18,400 for a private nonprofit two-year institution. If post-secondary education is in your family’s future, including any of the following tools in your estate plan can be an excellent way to help provide for education needs.
Read MoreWhen it comes to returning to school in the fall, the details are slowly emerging. We do know that elementary and secondary education students will be utilizing a hybrid of online learning and attending classes in person. Will college students be allowed on campus, or will they be bunking with mom and dad for the fall semester? One thing is certain: education will still be costly. In times of uncertainty, it is important for your planning to be as flexible as possible while still meeting your needs.
Read MoreAt Coastal Legal Counsel, we ensure that our estate planning process addresses, incorporates, and provides for your digital assets in the event of incapacity or death. This article will (1) explain what constitutes a digital asset, (2) how to grant authority to access to your digital assets, and (3) recommendations for locating, valuing, and disposing of your digital assets.
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