Tag: Estate Planning
The new tax law has enough big changes that you need to review your estate plan to make sure that you are taking advantage of the best options in the new environment. It is a good idea to review your estate plan with sufficient frequency to make sure it still does what you want in […]
A Tennessee woman has given birth to a baby, after the successful implantation of an embryo that was frozen 24 years ago. The medical world is making advances in many fields, including all kinds of technologically enhanced pregnancy and birthing methods. Eggs, sperm and embryos can all be frozen today and used later to create […]
It might not be possible at this time to pass away and be brought back to life years later, but it could be some day. That could make estate planning challenging. A relatively small group of people is determined to prove that human remains can be frozen and brought back to life later by scientists. […]
Can a Wisconsin family be brought back to life in the future? A man in Wisconsin has signed up for himself, his wife and their three sons to all be cryogenically frozen after they pass away, according to the Daily Mail in “Father spends $140,000 to sign his whole family up to be frozen in […]
Special needs trust may be answer to new tax reforms. Some of the people who were concerned about the new tax reform law were people with disabilities, according to The Hill in “Restructured tax code would unduly burden people with disabilities.” However, the concerns raised in that article did not materialize. Not only will they […]
If you have assets in more than one nation, you need to be sure of the laws for a solid estate plan. There are people who might need more than one will, if they have assets in more than one country and are a citizen of both countries, according to the Financial Review in “Double […]
Doctors pondered the legal strength of a “Do Not Resuscitate” tattoo. Doctors had to figure out whether to follow the directions of a “Do Not Resuscitate” tattoo, according to CNN in “A man’s tattoo left doctors debating whether to save his life.” An unconscious 70-year-old man was brought into a hospital. He had a high […]
Estate planning has not kept up with children joining families through technological means. While estate planning has generally kept pace with Americans living in blended families, it has not kept up with the developments in medical science for people to have children through such things as surrogacies and frozen embryos, according to Private Wealth in […]
It is best to consider all possibilities when making plans to protect your family. In addition to creating your will and an estate plan, you might consider that while you are at the attorney’s office you should also get plans for what might happen if you become incapacitated, according to the Times Herald-Record discusses in […]
State laws are similar, but differences can turn out to be important. If you relocate to another state, it is important to revisit your estate plan because there are a number of variables that have an impact on the plan, according to The Times Herald in “Moving can affect your financial planning.” Generally speaking, if […]
