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Portability is Critical for Farmers and Business Owners

One of the most overlooked and misunderstood tax laws–available to married farming couples–is an opportunity called portability.

06/09/22 • by: Vick Law, P.C.

Can Life Insurance Help Estate Planning for Women?

Estate Planning

Women are receiving increased recognition for the critical roles they serve in society. This increased recognition leads to greater awareness of women’s financial challenges and the financial industry’s solutions to those challenges.

06/08/22 • by: Vick Law, P.C.

Is a Roth Conversion a Good Idea in a Down Market?

Estate Planning

Soaring inflation, interest rate hikes and the war in Ukraine have sparked ongoing stock market volatility. However, there may be a bright spot: the chance to save money on a Roth conversion.

06/07/22 • by: Vick Law, P.C.

Senior Second Marriages and Estate Planning

Estate Planning

More Americans are now getting married over the age of 65 than ever before. Even though this may be a second or third marriage for many, caregivers should nevertheless be aware of certain aspects that shouldn’t be ignored amidst all the wedding plans and celebrations.

06/06/22 • by: Vick Law, P.C.

4 Important Estate Planning Documents for Seniors

Estate Planning

When it comes to death and disability, your will alone might not be enough.

06/03/22 • by: Vick Law, P.C.

What are Benefits of Pre-Planning My Funeral?

Estate Planning

Questions around death planning can feel overwhelming: Cremation or burial or natural organic reduction? What will your family want, and what will it cost? Do you really need to think about all this if you're young and healthy right now—or can you put off these decisions until you're older or dealing with a life-threatening illness?

06/02/22 • by: Vick Law, P.C.

Can I Avoid Disagreements in My Family about Mom’s Caregiving?

Estate Planning

Family members of all kinds have fought over money matters since time immemorial, but it may be worse for cash-strapped caregiving families. The costs of caregiving activities, including hiring aides, buying supplie, and covering medical and pharmacy copays, negatively affect family caregivers’ pocketbooks and morale.

06/01/22 • by: Vick Law, P.C.

Should I Set Up A Trust For My Dog?

Estate Planning

Many well-off pet owners have left millions of dollars to their cats, dogs and even chickens—perhaps most notoriously Leona Helmsley, who left US$12 million when she died in 2007 to her white Maltese dog Trouble.

05/31/22 • by: Vick Law, P.C.

Is Just Having a Will Enough?

Estate Planning

A recent survey estimated that 68% of people die without a will. The consequences of dying without a will (‘intestate’) can be disastrous.

05/28/22 • by: Vick Law, P.C.

Answers to Common Social Security Questions

Estate Planning

When you’re gone, your spouse’s income will take a major hit–one that can be worsened significantly, if you make the wrong decision about when to claim.

05/26/22 • by: Vick Law, P.C.

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Estate Planning Blog

Portability is Critical for Farmers and Business Owners

Can Life Insurance Help Estate Planning for Women?

Is a Roth Conversion a Good Idea in a Down Market?

Senior Second Marriages and Estate Planning

4 Important Estate Planning Documents for Seniors

What are Benefits of Pre-Planning My Funeral?

Can I Avoid Disagreements in My Family about Mom’s Caregiving?

Should I Set Up A Trust For My Dog?

Is Just Having a Will Enough?

Answers to Common Social Security Questions

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