Beneficiary Designations (Part III & IV)

Mar 25, 2021 / By: Lantz Law, Inc.

Category: General

Part Three Under the SECURE ACT, a beneficiary typically must take all distributions of an inherited tax-qualified account by the end of the year which includes the 10th anniversary of the original owner’s (called “Participant”)...

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Beneficiary Designations (Part I & II)

Mar 25, 2021 / By: Lantz Law, Inc.

Category: General

Part I Clients spend lots of time, money, and energy planning how to best leave their estates to their loved ones. Estate Planning attorneys help them by counseling these clients and preparing various documents to...

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Distributions to Your Beneficiaries

Mar 22, 2021 / By: Lantz Law, Inc.

Category: General

Well, Mom Always Did Like You Better The New York Times posted an article recently titled, “Well, Mom Always Did Like You Better” (Feb. 21, 2021). It is a very interesting commentary recommending, “If you...

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What is a Will, and What Does It Do?

Feb 4, 2021 / By: Lantz Law, Inc.

Category: Estate Planning

Almost two-thirds of Americans do not have a will. This was reported recently by AARP. What does this mean – to not have a will? A will means probate court. The more expansive answer may...

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Dynasty Trusts—What Are They?

Feb 1, 2021 / By: Lantz Law, Inc.

Category: Estate Planning, legal education

What’s a “Dynasty Trust?” Such a trust is one that continues for the maximum term possible. There can be estate tax advantages to such a trust. Read on to learn more.

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Biden Administration Could Reduce Estate Tax Exclusion

Feb 1, 2021 / By: Lantz Law, Inc.

Category: Estate Planning, legal education

Runoff Elections in Georgia resulted in a Senate controlled by Democrats. Could this impact your Estate Planning? It’s possible. Read on to learn more.

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Joint Tenancy Problems in Estate Planning

Feb 1, 2021 / By: Lantz Law, Inc.

Category: Estate Planning, legal education

Sometimes people use Joint Tenancy as an easy, simple way to do Estate Planning. However, this can have serious, unexpected drawbacks. Read on to learn more.

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Updating Your Plan: Beneficiary Designations

Jan 2, 2021 / By: Lantz Law, Inc.

Category: Estate Planning, legal education

As we approach the end of the year, it’s a good time to think about updating your plan. This includes your entire plan, including beneficiary designations. Beneficiary designations may control a large part of your...

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It’s Better to Give, Especially This Year

Jan 2, 2021 / By: Lantz Law, Inc.

Category: Estate Planning, legal education

Ordinarily, charitable deductions are only available as an itemized deduction. When you file your federal taxes, you have an option to take itemized deductions or the standard deduction. The standard deduction in 2020 is $12,400...

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Give the Gift of Peace of Mind

Oct 30, 2020 / By: Lantz Law, Inc.

Category: Estate Planning

We have written on this subject before, but it seems critical at this time of year – when both holidays and bad weather are upon us – to raise again the issue of having proper...

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