Estate Planning Lawyer on Your Side

July 23, 2014.  You have signed all of your estate planning documents and, if your plan includes a Trust, completed its funding. You sit back, relax, and enjoy the peace of mind that comes with completing that task. But don’t bask in that feeling for too long—estate planning is an ongoing process, not a one-time […]

Share

July 23, 2014. To do a Trust proper, it needs to be funded, by which we mean placing your assets inside of the Trust.  If your estate planner is doing right by you, he or she will be helping you with this for the property you currently own.  Your attorney will also likely be preparing […]

Share

July 16, 2014.  It’s that time of year – the time for beautiful weddings, fun receptions, delicious cakes, special gifts, and romantic honeymoons.  While this is a joyous time for everyone, it’s also time for you and your new spouse to plan for your future – for richer or for poorer, in sickness and in […]

Share

July 10, 2014.  It can be difficult, as young parents, to find the time and energy to get your estate plan in order.  With the obligations of raising small children, working, and the other tasks that are attendant upon life, it is very easy to keep nudging estate planning into the perpetual tomorrow.  However, the […]

Share

July 10, 2014.  Owning property as Joint Tenants with Right of Survivorship is easy, common, and often disastrous.  Sadly, children – both minor and adult – are sometimes disinherited. While there are several forms of joint ownership, the one most people use (and the one considered in this discussion) is called “Joint Ownership with Right […]

Share

July 7, 2014. The Florida case, Aldrich v. Basile, is a cautionary tale for those considering a do-it-yourself (DIY) Will.  I think there is some benefit to making the legal profession less obdurate and inaccessible to the layperson.  The march of technology and information sharing, I believe, naturally demand a more transparent legal culture.  However, […]

Share

July 2, 2014. Everyone makes financial mistakes. The key is to learn from them, try not to repeat them and then pass on this hard-earned wisdom to your loved ones as an element of your financial legacy. The Key Takeaways: We can learn not only from our own mistakes but also from those of others.  […]

Share

June 27, 2014.  A group of planning experts is offering a free informational session to business owners on July 17 at 7:45-10 a.m. at Dakota Dunes Country Club to explain the business succession planning process. The panel discussion will summarize the transition planning process and focus in on key areas of concern many family-business and […]

Share

June 26, 2014. We have covered it before, but estate planning has evolved into more than avoiding estate taxes.  It now encompasses income tax planning as well.  Most discussion on this subject, though, covers basis management—essentially limiting capital gains tax exposure.  It is certainly true for myself.  To a lesser extent, there is some focus […]

Share

June 25, 2014.  We use a variety of insurance products to manage risk in different areas of our lives in order to protect our wealth from losses that can come from property damage, businesses we own, disability, retirement, and death. Instead of considering these products as separate items, make them part of an integrated, overall […]

Share

Copyright © 2011 Goosmann Law Firm | Photos by Aurora Photography, LLC