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Half of Americans Making More than $100K Don’t Have a Will

Among those who do not have an estate plan, 63% said that they have considered creating one in the past and 46% said they do not know how to start.

05/17/22 • by: Vick Law, P.C.

Can I Protect My Inheritance from Divorce?

Estate Planning

Your dad bequeathed you a generous sum of money on his passing. Those gifted and inherited assets, in many instances, will be considered ‘separate property,’ not marital property. That might mean that they might not be subject to division, if you divorce. However, perhaps you want to backstop that hoped for result to make the protection more likely to stick if your marriage doesn’t work out.

05/13/22 • by: Vick Law, P.C.

6 Red Flags of an Invalid Will

Estate Planning

When considering whether to contest a decedent’s Last Will and Testament, an individual should consider whether red flags might be present which may point to a successful basis to challenge a disputed Will.

05/12/22 • by: Vick Law, P.C.

Why Is Communication Important in Estate Planning and Wealth Transfer?

Estate Planning

For most families, the estate planning process is more involved than simply naming beneficiaries. While the primary goal of estate planning is transferring assets in an orderly and tax-efficient manner, it’s just as important to focus on preserving wealth across generations.

05/10/22 • by: Vick Law, P.C.

13 Steps to Create Your Estate Plan

Estate Planning

Unfortunately, death doesn’t just happen to other people. We should all get our affairs in order, so that our loved ones can focus on grieving and moving on once we pass.

05/05/22 • by: Vick Law, P.C.

What Needs to Be Reviewed in My Estate Plan?

Estate Planning

Here are some important parts of your estate plan that should be reviewed.

05/03/22 • by: Vick Law, P.C.

3 Succession Planning Tips for Family Businesses

Estate Planning

While 88% of business owners believe their family will control their business in five years, statistics from Family Business Institute show that only 33% of businesses survive to transfer to the next generation, and only 10-15% continue to the third generation.

04/28/22 • by: Vick Law, P.C.

Important Estate Planning Tips for Singles?

Estate Planning

If you don’t have a spouse or children, you might think you don’t need to do much estate planning. However, if you have any assets, familial connections, or interest in supporting charitable groups – not to mention a desire to control your own future – you do need to establish an estate plan.

04/26/22 • by: Vick Law, P.C.

Changes for Veterans Affairs Medical Centers (VAMC)?

Estate Planning

Thirty-five Veterans Affairs Medical Centers in 21 different states would be closed or completely reconstructed under a nearly $2 trillion infrastructure overhaul unveiled by department leadership on Monday.

04/23/22 • by: Vick Law, P.C.

Do I Need a Living Trust?

Estate Planning

If you’re putting together an estate plan, you have no doubt heard about the benefits of a living trust.

04/21/22 • by: Vick Law, P.C.

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Estate Planning Blog

Half of Americans Making More than $100K Don’t Have a Will

Can I Protect My Inheritance from Divorce?

6 Red Flags of an Invalid Will

Why Is Communication Important in Estate Planning and Wealth Transfer?

13 Steps to Create Your Estate Plan

What Needs to Be Reviewed in My Estate Plan?

3 Succession Planning Tips for Family Businesses

Important Estate Planning Tips for Singles?

Changes for Veterans Affairs Medical Centers (VAMC)?

Do I Need a Living Trust?

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