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6 Benefits of Creating a Life Estate

Estate Planning

Once you create a life estate, property rights vest in your heir.

02/14/23 • by: Vick Law, P.C.

Why You Need a Secondary Beneficiary

Estate Planning

Naming secondary beneficiaries can help estate planners avoid the delay and costs of going through probate, as well as ensure that your wishes are carried out.

02/10/23 • by: Vick Law, P.C.

End-of-Life Planning Checklist

Estate Planning

It isn’t just about wills and funerals—it is a reflection of your values, your goals for healthy aging, and the hopes and dreams you have for those you love.

02/09/23 • by: Vick Law, P.C.

Are Expenses Paid by Estate or Beneficiary?

Estate Planning

If you’re set to inherit, you may be wondering what estate expenses are paid by the beneficiary. The answer can depend on what assets are passed on to you when a family member or loved one passes away.

02/07/23 • by: Vick Law, P.C.

How Can I Stop a Sibling from Stealing My Inheritance?

Estate Planning

The death of a parent can be emotionally trying, especially if the passing was unexpected. It can also be a test of your patience, if there are complicated estate issues to sort out.

02/06/23 • by: Vick Law, P.C.

Is a Handwritten Note in a Bible a Valid Will?

Estate Planning

A state appeals court has ruled that a handwritten instruction in a Bible that included only the first name of the writer was a valid codicil that changed a will.

02/04/23 • by: Vick Law, P.C.

Gifts to Reduce the Size of Your Taxable Estate

Estate Planning

Today’s high estate and gift tax exemptions could be slashed in a few years. Maximize those and other benefits now.

01/31/23 • by: Vick Law, P.C.

9 Times You Should Update Your Estate Plan

Estate Planning

Will there be changes in your circumstances or your family that should lead to a review of your plan? Could some events cause you to need to revise or update the plan?

01/30/23 • by: Vick Law, P.C.

Can I Leave a Gift to My Alma Mater?

Estate Planning

A love for nursing and a desire to help young people prompted a Norfolk man to include a nursing scholarship at Northeast Community College in his estate planning.

01/26/23 • by: Vick Law, P.C.

What Happens to Jointly Owned Property When the Owner Dies?

Estate Planning

Various types of property, such as bank accounts and real estate, can be owned jointly with another person(s).

01/25/23 • by: Vick Law, P.C.

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Estate Planning Blog

6 Benefits of Creating a Life Estate

Why You Need a Secondary Beneficiary

End-of-Life Planning Checklist

Are Expenses Paid by Estate or Beneficiary?

How Can I Stop a Sibling from Stealing My Inheritance?

Is a Handwritten Note in a Bible a Valid Will?

Gifts to Reduce the Size of Your Taxable Estate

9 Times You Should Update Your Estate Plan

Can I Leave a Gift to My Alma Mater?

What Happens to Jointly Owned Property When the Owner Dies?

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