Posts Categorized: Estate Planning

Let’s Talk about Trusts…and Taxation

Apr 4, 2022 / By: Lantz Law, Inc.

Category: Estate Planning, legal education

Estate planning attorneys need to understand and explain taxation of trusts in order to properly advise clients. Individual clients need to understand the implications of the plan their attorney suggests in order to properly file...

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What Everyone Should Know about the New FDIC Regulations

Mar 1, 2022 / By: Lantz Law, Inc.

Category: consumer protection, Estate Planning, legal education

Although revocable trusts are the centerpiece for many estate plans, many clients are confused by what amount of their deposit accounts are insured by the Federal Deposit Insurance Company. To make the rules easier to...

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State Income Taxation of Social Security Benefits

Mar 1, 2022 / By: Lantz Law, Inc.

Category: Estate Planning, legal education

The pandemic has had a long-lasting influence on our culture, including encouraging relocation at previously unheard-of levels. Imagine the surprise of a recently relocated retiree who discovers that their previously untaxed Social Security benefits are...

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Double Your Gifting with Spousal Gift-Splitting

Feb 2, 2022 / By: Lantz Law, Inc.

Category: Estate Planning, legal education

It may be possible to double your gifting by using spousal “gift-splitting.” Spouses may elect to split gifts made to others. If they do so, they must split all the gifts made by the other...

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You’ve Been Named The Trustee of Someone Else’s Estate: What Now?

Jan 24, 2022 / By: Lantz Law, Inc.

Category: Attorney, Blog, Estate Planning, Estate Planning, Trusts

You’ve been named Successor Trustee of someone else’s estate… …and that person is now deceased. You may or may not have known about your nomination for that position.  But in any case, after you have...

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Using Entities in Estate Planning

Jan 1, 2022 / By: Lantz Law, Inc.

Category: business succession planning, Estate Planning, legal education

More and more families own property, assets, and businesses together. Using an entity to govern operations provides stability by allowing continued operation upon the death of an owner. When the governing agreement and estate planning...

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How Estate Planning Documents Help Prevent Elder Abuse

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

Category: Estate Planning, legal education

As loved ones and parents age, they become more vulnerable to fraudulent schemes. This article explores how a solid estate plan can help protect the elderly from becoming victims. Read on to learn more.

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Estate Planning Reduces Stress During High Anxiety Times

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

Category: Estate Planning, legal education

During times of high stress such as tragedy or emergency, we tend to feel helpless. This article explores how a comprehensive estate plan helps reduce anxiety in uncertain times.

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Building Flexibility into Your Plan

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

Category: Estate Planning, Trusts

When you prepare your estate plan, typically there are formalities required. In most states, such as Massachusetts, a Will must be signed and notarized by the testator (the person whose property is governed by the...

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Fair Isn’t Always Equal and Vice Versa

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

Category: Estate Planning, legal education

When you’re deciding how your assets should be divided at death, sometimes dividing them equally is the appropriate choice. But, sometimes it’s not. Fair isn’t always equal or vice versa. Read on to learn more,...

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