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Idaho Estate Planning
Eagle, Idaho
Recent Activity
Taking the time to sit down with your spouse and update your estate plans will ensure that, should the worst happen, your new family is prepared to handle the unexpected. Continue reading
Posted yesterday at Idaho Estate Planning
Many older people moving into a nursing home or retirement community are experiencing cognitive decline. In legal terms, they no longer have the capacity to make financial or medical decisions for themselves. So a trusted person—usually an adult child—will sign the entrance contract on their behalf as power of attorney. Continue reading
Posted 2 days ago at Idaho Estate Planning
Identifying a successor is the first step in the planning process. Many owners of family businesses turn to an adult child, a grandchild or other relative to take over the reins. Continue reading
Posted 3 days ago at Idaho Estate Planning
[Glen Campbell's wife] Kim Campbell told The Associated Press in an email Thursday that the 78-year-old's Alzheimer's disease has progressed to the point that he needs access to medical care 24 hours a day. Continue reading
Posted 6 days ago at Idaho Estate Planning
Generally, there are four types of powers of attorney, or POA. Continue reading
Posted 7 days ago at Idaho Estate Planning
Your will is an essential tool in making sure that your property goes to the people you want to receive it after your death. By keeping these simple facts in mind, you can use this tool more effectively and avoid the mistakes that can cause huge problems down the road. Continue reading
Posted Jul 23, 2014 at Idaho Estate Planning
Financial planners are not just for rich people. Everyone, no matter where you stand financially, can benefit from the advice and guidance of a qualified financial planner. Continue reading
Posted Jul 22, 2014 at Idaho Estate Planning
In some cases, outdated or inadequate estate plans have led to highly-publicized disputes between heirs that have squandered fortunes and diminished legacies. These situations are more tragic because they are usually entirely avoidable, especially when advisors are willing to facilitate difficult conversations. Continue reading
Posted Jul 21, 2014 at Idaho Estate Planning
Bill and Hillary Clinton are making headlines for their use of the qualified personal residence trust or QPRT — lovingly pronounced “kew-pert” by tax geeks — to save on estate and gift taxes. Continue reading
Posted Jul 18, 2014 at Idaho Estate Planning
Ordinarily, the deadline for taking this so-called required minimum distribution is Dec. 31. But for your first such distribution you get until April 1 of the year following the year you turn 70½ to make the withdrawal. Continue reading
Posted Jul 17, 2014 at Idaho Estate Planning
All sorts of things can change over the course of our lives—and some of those changes may affect existing estate plans. Experts recommend that you review your estate plan every few years to confirm whether it needs updating. Continue reading
Posted Jul 16, 2014 at Idaho Estate Planning
This valuable estate-planning tool can help your beneficiaries make the most out of their inheritance but many investors do not know about these stretch provisions. This leaves retirees with the important question: Should they force their beneficiaries to stretch the inherited IRA? Continue reading
Posted Jul 15, 2014 at Idaho Estate Planning
While minimizing taxes is certainly not the only, nor even the primary, objective of trusts, it is a major issue for trustees with a fiduciary responsibility. Continue reading
Posted Jul 14, 2014 at Idaho Estate Planning
When it comes to retirement investing, the dangerous moving part is — you. Continue reading
Posted Jul 11, 2014 at Idaho Estate Planning
New studies are providing more current cost estimates. “What we found was shocking,” Mandell said. “This is a huge hit on families.” Continue reading
Posted Jul 10, 2014 at Idaho Estate Planning
Passing down your home is so much more than just a transaction. It’s a delicate process that affects your entire family—and with good reason. Continue reading
Posted Jul 9, 2014 at Idaho Estate Planning
Posted Jul 8, 2014 at Idaho Estate Planning
All too often, people go to great pains to write a will and put other estate-planning documents in place, only to have a court invalidate them. Continue reading
Posted Jul 7, 2014 at Idaho Estate Planning
“Now, all of a sudden, sometimes without much or any warning, it's all thrust onto her plate. It's quite an adjustment for many women, and can be overwhelming at first. Over time, of course, many women become very adept at handling their affairs, which is really inspiring to see." Continue reading
Posted Jul 4, 2014 at Idaho Estate Planning
In a unanimous ruling written by Justice Sonia Sotomayor, the court said inherited IRA money not received from a spouse isn't protected in bankruptcy proceedings. Continue reading
Posted Jul 3, 2014 at Idaho Estate Planning
Recently rock legend Sting made headlines when he declared that his six children would be receiving little to none of his estimated $300 million fortune. Financial Planner Kevin McKinley argues that there are ways to give your children money without you having to worry about them becoming trust-fund brats. Continue reading
Posted Jul 2, 2014 at Idaho Estate Planning
The public battle -- always emotional and sometimes bizarre -- began in October 2013 when daughters Julie and Kerri led a protest outside of Kasem's Los Angeles mansion, holding signs demanding that their stepmom let them see their ailing father. Continue reading
Posted Jul 1, 2014 at Idaho Estate Planning
The result of an "island" mentality is a portfolio that isn't fitted to the individual for maximum efficiency. A lot is made about efficiency within investment portfolios, but no portfolio can be efficient without considering an investor's total wealth. No man is an island, as Donne said, and neither is a portfolio. Continue reading
Posted Jun 30, 2014 at Idaho Estate Planning
Since for most of us, our children are our foremost priority in life, a Letter of Intent can be a crucial document. And anyone who wants to ensure special care for their children should consider including one with their estate documents; there are no real drawbacks to writing one. Continue reading
Posted Jun 27, 2014 at Idaho Estate Planning
The last big M&A wave happened in the early 2000s, according to Ward. A very active M&A period is usually accompanied by a lot of debate, both within families, and at the policy level, about the pros and cons of having families or professional investors control businesses. Continue reading
Posted Jun 26, 2014 at Idaho Estate Planning