"Business succession planning is both necessary and beneficial," Mark Cussen observes in Investopedia. But the process isn't easy, as our Geyer Law estate planning attorneys know. Whether you’re the owner of a small family business or a large corporation, the...
"Mishandled, estate and/or trust administration can cause family rifts; on the other hand, competent and careful management helps keep family memories happy and purpose-intact," Margaret A. Munro and Kathryn A Murphy explain in Estate and Trust Administration for...
The VA projects that the number of living veterans will continue to decline over the next 25 years, Katherine Schaeffer observes in a piece by the Pew Research Center, and the share of the U.S. population with military experience has declined to less than 6%. "Thank...
Donor-advised funds are charitable investment accounts that individuals or families can use exclusively for the support of charities they care about. These funds can be opened with a minimum gift of $5,000 and have significantly lower administrative burden and costs...
Millions will soon inherit a house full of sentimental items, Kathy Barnes notes in Better Homes and Gardens. But the transfer of physical belongings can cause overwhelm and stress. Our older generations want to know that their belongings will be appreciated. Heirs...
Last week in our Geyer Law blog, discussing college planning after a parent dies, we discussed the important role college funding plays in estate planning for both parents and grandparents. A recent piece in Kiplinger's, in contrast, discusses the very broad - perhaps...
"And no matter what, there's not one thing in this world or the next that we can do or hope or guess at or wish or pray that can change it or help it one iota," James Agee wrote in the book A Death in the Family. "The loss of a spouse can upend a family's future,"...
As you enter adulthood, one of the biggest things that you would need to plan for is how you would want to secure your wealth when you pass on in the future. When you consider making a will early in life, you can give yourself more time to prepare your document and...
"Is your retirement plan based on Social Security fact or fiction?" a Kiplinger article asks, citing statistics showing that, while 9 in 10 Americans over age 65 receive Social Security benefits, few understand how to claim those benefits most effectively. As just one...
Only last week, our nation remembered Dr. Martin Luther King, Jr., leader of the civil rights movement and winner of the Nobel Peace Prize, whose life was cut short in 1968, at age 39, by an assassin's bullet.Some forty years later, a headline in July 19, 2008 NBC...
