Lifetime gifts to children: Senior Associate Emily Minett considers whether gifts may be deducted from an inheritance from the donor on death and why putting planning in place now may be better than relying on legal presumptions. Read more here: https://lnkd.in/eaKEsx54 #Inheritance #LifetimeGifts
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If you have adopted or stepchildren, don't assume they'll be counted as legal 'children' for inheritance purposes. Many states leave them out! That's why it's so important to have a clear estate plan that specifically names every child you want to protect. Let's make sure your documents reflect your family's unique needs. Contact us for more information: 714-374-2244 #newportbeachlawyer #specialneeds #specialneedsplanning
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If you have adopted or stepchildren, don't assume they'll be counted as legal 'children' for inheritance purposes. Many states leave them out! That's why it's so important to have a clear estate plan that specifically names every child you want to protect. Let's make sure your documents reflect your family's unique needs. Contact us for more information: 714-374-2244 #newportbeachlawyer #specialneeds #specialneedsplanning
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This requires urgent change in legislation and a response from the courts on non-compliance of documentation. In Bankruptcy, a Trustee can 'recover and claw back' assets that have been moved up to two years before. Why is this not the same for assets during a divorce or family court matter. Similar with movement of money to declare varying tax returns to avoid paying child support. If we are standing up for the children, then we need to make people accountable. The game plan needs to change and support the future generations. https://lnkd.in/gRKcbhgR #financialabuse #findingequanimity #familycourt #noncompliance #domesticabuse
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What is a Trust and who are they for? 💭 A trust is a legal arrangement that allows assets such as property or money to be looked after for the benefit of the beneficiaries named in the Will. Trusts are often used to hold assets for children until they are old enough to receive them. This section provides an introduction to the basic principles of Trusts, which will help you to prepare for a more detailed discussion with your adviser. https://lnkd.in/e2ek3FF2 #Trusts #EstatePlanning #Worthing
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Your special needs child should not directly inherit monetary gifts. Typically, your special needs child should receive their inheritance through a Special Needs Trust so your gift does not put them over the asset limitation threshold of any government assistance program. Let us know how we can help. 402.718.8888. . #LPL #leroypetersonlaw #estateplanning #estateplan #wills #trusts #guardianship #longtermcare #eldercare #elderlaw #lawyer #estateplanninglawyer #prepareforthefuture #probate
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Have you ever thought about leaving an inheritance for your nieces or nephews? Discover how a #revocablelivingtrust can empower you to secure their financial future while ensuring responsible #moneymanagement on the #friedmanschuman #blog. 💰 Plus, learn why it’s crucial to connect with an experienced #pennsylvania #estateplanningattorney to navigate the legal complexities and safeguard your niece's and nephew's #inheritance. 📝 Keep reading: https://bit.ly/4b1LfoH #fsalaw #lawfirm #montco #willsandtrusts #trustfund #estateplan #estateplanning #estateadministration
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⚠️ Think Twice Before Leaving Your Disabled Child’s Inheritance to a Sibling ⚖️ While it may seem like a good idea to entrust your non-disabled child with managing their sibling’s inheritance, this approach can create serious legal and financial risks. 🚨 In our latest blog, “Four Reasons Not to Leave Your Disabled Child’s Inheritance to Your Non-Disabled Child,” we explore: ✔️ How this strategy can jeopardize your disabled child’s government benefits ✔️ The unintended tax consequences for your non-disabled child ✔️ Potential family conflicts and legal challenges ✔️ Why a Special Needs Trust is the better solution 💡 Protect your family’s future and ensure everyone’s needs are met with thoughtful planning. 📖 Read the full article here: [https://lnkd.in/gZy2jWHb) 📞 Contact Stinson Law Firm at (317) 622-8181 today to learn how we can help you create the right plan for your family. 🛡️💼 #SpecialNeedsTrust #EstatePlanning #ElderLaw #ProtectYourLovedOnes #DisabilitySupport #FamilyPlanning #StinsonLawFirm #LegalGuidance
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Calculating non-economic damages can be challenging if you don’t have an ally by your side. Let us help you and your family obtain justice and fair compensation. 🤝 ⚖️ At Kadzai Law Group, LLC, your family comes first! Let us fight for the compensation you deserve. 📱 Contact us at 312-229-0050. #noneconomicdamages #faircompensation #justiceforfamilies #legalhelp #compensation #legalally #justice #personalinjury #claimyourrights #legalassistance #getthecompensationyouneed #justiceforall
Here’s how we can help you obtain compensation for your emotional distress.
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🏠 Today, you can help prevent a family’s eviction. Your support provides urgent aid — financial and legal resources — keeping families stable in their homes. $1,000 works to save a family from eviction, but any amount makes a difference. Give now: https://bit.ly/housing-li #EvictionPrevention #HousingSecurity #UnitedWeThrive
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Why You Need a Will: Control Over Your Assets: A Will ensures that your property, money, and possessions are distributed according to your wishes. Without one, the law decides who gets what, which may not align with your intentions. Ease for Your Family: A Will reduces the legal and emotional burden on your loved ones during an already difficult time. Guardianship for Children: If you have minor children, your Will can specify who should care for them, ensuring they are looked after by someone you trust. #financialliteracy #will&estateplanning #remnantadvisory #letushelpyou #getintouch
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