Posted on: January 29, 2024
DOES YOUR FAMILY KNOW ABOUT YOUR ESTATE PLAN? As the thick of tax season approaches, many focus on our tax returns. Similar to how we handle tax information, family estate planning communication details can also be sensitive. You might be working hard to get your tax returns in order, but your estate plan is another […]
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Posted on: January 28, 2024
The concept of "bird nesting" in custody arrangements post-divorce offers an intriguing alternative to traditional co-parenting methods. It's designed to minimize disruption in children's lives by allowing them to remain in the family home while the parents rotate in and out. This method has seen increased attention and consideration among divorcing parents, including those in […]
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Posted on: January 25, 2024
Emily's Journey into Estate Planning Emily, a successful Austin-based engineer and mother, faced a crucial challenge: securing her family's financial future. Like many high-income professionals with minor children, she sought a reliable way to manage her estate. Her exploration led her to discover the value of an Irrevocable Life Insurance Trust (ILIT). Understanding ILITs An […]
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Posted on: January 24, 2024
As the new year unfolds, the pulse of change is palpable in the vibrant city of Austin. For parents who balance the demands of professional life with the joys and responsibilities of raising children, understanding the nuances of Social Security shift in 2024 is not just prudent—it's essential for robust estate planning. The Social Security […]
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Posted on: January 23, 2024
As an experienced estate planning attorney in Austin, Texas, I've encountered numerous professionals who, despite their high levels of expertise and financial acumen, find themselves perplexed by the nuances of Social Security's retirement earnings test. This is particularly true for parents with minor children, who must balance their retirement planning with the needs of their […]
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Posted on: January 22, 2024
As the eldest of Generation X edge a path toward retirement, the financial landscape presents a starkly different picture from their parents. Here in Austin, where the cost of living has risen with the city's popularity, Gen Xers face a retirement planning challenge that echoes a national sentiment: preparing for a future that looks much […]
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Posted on: January 21, 2024
With the dawn of each new year in Austin comes a time for reflection and forward-thinking, especially for parents who balance the dual demands of raising children and nurturing their careers. One date stands out in financial planning for its tax implications and significance in estate planning—Tax Day. You have the opportunity to make smart […]
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Posted on: January 18, 2024
Recently, we started discussing what Dementia caregivers need to know about estate planning and what this means for their ability to protect their wishes through an estate plan. We covered: However, as Dementia progresses, estate planning must become more proactive and strategic than ever to avoid court and conflict over your loved one's wishes in […]
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Posted on: January 17, 2024
Caring for a loved one with dementia is a challenge that millions of families undertake each year. As a caregiver, understanding how a dementia diagnosis and incapacity affects your loved one's legal decision-making is crucial to ensuring their wishes are honored and that you are providing them with the best possible care. In this blog, […]
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