Recent Blog Posts
Welcome Aboard Jay Fleece!
Bill McQueen is proud to announce that Jay Fleece joined Legacy Protection Lawyers as a partner on January 1. “I am so excited to have Jay join Legacy Protection Lawyers. Not only is he recognized as one of the best estate and trust litigators in the country, but his values align perfectly with our… Read More »
Preserve wealth for yourself and your heirs using asset protection strategies
There are many techniques you can use to protect your assets, from giving them to loved ones to placing them in offshore trusts. It’s important to understand that asset protection isn’t about evading legitimate debts, hiding assets or defrauding creditors. Rather, it’s about preserving your hard-earned wealth in the face of unreasonable creditors’ claims,… Read More »
Tax Cuts and Jobs Act: Key provisions affecting estate planning
The Tax Cuts and Jobs Act of 2017 (TCJA) is a sweeping revision of the tax code that alters federal law affecting individuals, businesses and estates. Focusing specifically on estate tax law, the TCJA doesn’t repeal the federal gift and estate tax. It does, however, temporarily double the combined gift and estate tax exemption… Read More »
Properly planning for incapacity requires specific estate planning strategies
Most estate plans focus on what happens after you die. But without arrangements for what will happen in the event you become mentally incapacitated, your plan is incomplete. If an accident, illness or other circumstances render you unable to make financial or health care decisions — and you don’t have documents in place to… Read More »
Address your pet in your estate plan using a pet trust
If you’re an animal lover, a pet is a member of the family — sometimes even more so than flesh-and-blood. So you want to ensure that your beloved pet is cared for after you’re gone. One way to do so is to make provisions for your pet through a trust. This legally sanctioned arrangement… Read More »
Who should be the guardian of your minor children?
If you have minor children, arguably the most important estate planning decision you have to make is choosing a guardian for them should the unthinkable occur. It’s critical to put much thought into this decision to ensure your children would be cared for as you wish in such a situation. Evaluating potential candidates Here… Read More »
Lawyers for Literacy
Click the link to view how Legacy Protection Lawyers is helping our local youth!
http://lawyersforliteracy.org/info/LFL%20Newslet%20Nov.%202017.pdf
Tax reform and estate planning: What’s on the table
As Congress and President Trump pursue their stated goal of passing sweeping new tax legislation before the end of the year, many taxpayers are wondering how such legislation will affect them. One area of particular interest is estate planning; specifically, the future of gift, estate and generation-skipping transfer (GST) taxes. Potential estate tax law… Read More »
Make the holidays bright for you and your loved ones with annual exclusion gifts
As the holiday season quickly approaches, gift giving will be top of mind. While gifts of electronics, toys and clothes are nice, making tax-free gifts of cash using your annual exclusion is beneficial for both you and your family. Even in a potentially changing estate tax environment, making annual exclusion gifts before year end can still… Read More »
Update your estate plan to reflect your second marriage
If you’re in a second marriage or planning another trip down the aisle, it’s vital to review and revise (if necessary) your estate plan. You probably want to provide for your current spouse and not inadvertently benefit your former spouse. And if you have children from each marriage, juggling their interests can be a… Read More »