Blog Author: Tereina Stidd, J.D., LL.M. (Tax), Associate Director of Education, American Academy of Estate Planning Attorneys, Inc. Many Estate Plans rely upon a revocable trust as one of the foundational documents in the plan to avoid probate. Sometimes, plans include irrevocable trusts to achieve tax-driven results or for other reasons. No matter which kind of trust a client considers, of the many decisions that clients make when creating an Estate Plan, naming a trustee tops the list in … [Read more...] about How Do I Trust Thee…Part II
How Do I Trust Thee…Part I
Blog Author: Tereina Stidd, J.D., LL.M. (Tax), Associate Director of Education, American Academy of Estate Planning Attorneys, Inc. Many Estate Plans use a revocable trust as the foundational document in the plan to avoid probate. Probate can be an expensive, time-consuming, and public process. Some plans include irrevocable trusts to achieve tax-driven results or for other reasons. No matter which kind of trust we consider, of the many decisions that clients make when creating an Estate … [Read more...] about How Do I Trust Thee…Part I
Litherland, Kennedy & Associates is Walking in the 2022 Walk to End Alzheimer’s. Join Us!
2022 Walk to End Alzheimer's - San Jose, CA Saturday, October 15, 2022 DONATE OR WALK WITH US! Location: Excite Ballpark, The San Jose Giants Stadium 588 E Alma Ave San Jose, CA 95112 Walk Start Time: 9:30 amAlzheimer’s disease is relentless. So are we. Alzheimer's disease touches so many people; It affects our clients, our family members and our friends. It can feel lonely and isolating to be facing it, or to be supporting someone who has been diagnosed with it. But we're not … [Read more...] about Litherland, Kennedy & Associates is Walking in the 2022 Walk to End Alzheimer’s. Join Us!
Establishing Health Care Documents for Young Adults – A Mock Interview (VIDEO)
In this Vlog, Attorney Justin M. Kennedy conducts a mock interview with young adult Lauren regarding establishing important estate planning documents for health care. … [Read more...] about Establishing Health Care Documents for Young Adults – A Mock Interview (VIDEO)
How Do I Title Thee…Part II
Blog Author: Tereina Stidd, J.D., LL.M. (Tax), Associate Director of Education, American Academy of Estate Planning Attorneys, Inc. Assets owned by an individual provide the landscape for an Estate Plan. A qualified estate planning attorney might recommend certain techniques because of the type of assets a client owns. In addition, the attorney may recommend the use of various entities, like a trust, to hold title to those assets. This is the second part of a two-part series exploring the … [Read more...] about How Do I Title Thee…Part II
How Do I Title Thee…Part 1
Blog Author: Tereina Stidd, J.D., LL.M. (Tax), Associate Director of Education, American Academy of Estate Planning Attorneys, Inc. It’s impossible to fully understand Estate Planning without considering the goals of the clients, along with their underlying assets. After all, many of the more advanced Estate Planning techniques depend upon obtaining discounts for assets and considering which technique to recommend based on a client’s assets. Some clients lack specific knowledge regarding not … [Read more...] about How Do I Title Thee…Part 1
Estate Planning – Something You Shouldn’t Do Yourself
Blog Author: Tereina Stidd, J.D., LL.M. (Tax), Associate Director of Education, American Academy of Estate Planning Attorneys, Inc. The advent of websites like “Legal Zoom” may lead you to believe that you can create your own estate plan without the assistance of a qualified Estate Planning attorney. You may believe or have heard that writing your intentions on a piece of paper might suffice as a Will. When you write your testamentary intentions on a piece of paper entirely in your own … [Read more...] about Estate Planning – Something You Shouldn’t Do Yourself
Yes, You Need an Estate Plan! (VIDEO)
In this Vlog, Attorney Justin M. Kennedy discusses his new book "Yes, You Need an Estate Plan!" Justin illustrates in this Vlog that everyone over the age of 18 needs some sort of estate plan, and the documents which should be included in an estate plan can change over the course of someone's life. For more information on Justin's book, visit www.attorneyoffice.com/book. … [Read more...] about Yes, You Need an Estate Plan! (VIDEO)
Death and Your Digital Footprint
Blog Author: Tereina Stidd, J.D., LL.M. (Tax), Associate Director of Education, American Academy of Estate Planning Attorneys, Inc. Most individuals understand the need to dispose of their tangible and intangible assets upon their death and use either a Will or Trust to accomplish that. Although it’s clear that these documents govern the disposition of tangible and intangible assets, it’s not as clear that a personal representative or trustee can use the provisions of these documents to … [Read more...] about Death and Your Digital Footprint
Five Years to Elect Portability (VIDEO)
In this Vlog, Attorney Justin M. Kennedy discusses Revenue Procedure 2022-32 and how the period for a surviving spouse to elect portability has been increased to five (5) years from the date of death of their deceased spouse. … [Read more...] about Five Years to Elect Portability (VIDEO)
