Sometimes I’m asked this question by someone I’m helping with estate planning: What is my legal name? The question is usually asked by someone who has, for generally non-legal reasons, used different names at different times in his or her … Continue reading
Tax Law Special Report Federal Individual Income Tax Filing Season Runs From January 23 Through April 18, 2017
The IRS announced in its first news release of the year that it will begin accepting 2016 individual income tax returns via electronic filing, and will start processing paper returns, on January 23, 2017. The same announcement says that the … Continue reading
ESTATE PLANNING LAW REPORT: December 2016
Should I Include My Life Insurance In My Living Trust, and If So How Do I Do It?
I am frequently asked about including life insurance in a revocable living trust. Usually the question is something like this: should my revocable living trust own my life insurance? The answer to that one is generally, no, there’s no need … Continue reading
ESTATE PLANNING LAW REPORT: November 2016 How Should I Handle the Sensitive Subject Of Funeral and Burial Instructions?
I have written about funeral and burial instructions on a few occasions in the past, but rarely have I discussed the subject in much detail. Maybe I have been reluctant to get into it in detail because of the sensitivity … Continue reading
ESTATE PLANNING LAW REPORT: October 2016 What Not To Do, And What To Do, When Deciding How To Handle The Contents Of The Family Homestead
I have heard lots of stories over the years about how families have handled removing the contents of the family homestead when the time came to sell it, after the family members who lived there passed away. A blogger whose … Continue reading
Why is it so important to preserve an original will? The answer to that question is right in the Arizona probate code: If an original will that was last seen in the possession of the testator cannot be found after … Continue reading
TAX LAW SPECIAL REPORT: August, 2016 A Limited Proposal For Savings Accounts That Would Grow Tax-Free Regardless Of The Purpose
Last year in this space I asked the question: should the income earned on savings be exempt from income tax regardless of the purpose of the savings? Under the federal tax code, there are three common types of savings accounts … Continue reading
A story that appeared in The Arizona Republic on June 30 caught my eye. The story is about an all-too-prevalent scam: elderly people receive a phone call from someone claiming to be their grandchild, or claiming to be calling about … Continue reading