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Life Insurance Policy Ownership Pitfalls: What Should I be Aware of? [su_spacer] Life insurance can play an important role in an estate plan. Insurance may provide income replacement to a surviving spouse or liquidity to an estate where the majority of the estate’s value is tied up in a family business or real property. Insurance can provide the … [Read more...] about Life Insurance Pitfalls | Estate Planning Attorney Ken Barney
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As an estate planning attorney in Arizona I am always asked if after you have signed your revocable living trust, what if anything should you do about your vehicles or other assets titled through Arizona’s Motor Vehicle Division? First of all, let me remind you, if you have a revocable living trust, the “funding” of your trust (which means … [Read more...] about Estate Planning Attorney | Should I Transfer My Vehicles to my Trust?
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(Comments Regarding President Obama’s 2015 Tax Proposals) On January 17, 2015, the White House released its fact sheet entitled, “A Simpler, Fairer Tax Code that Responsibly Invests in Middle Class Families.” This fact sheet was released as a precursor to President Obama’s 2015 State of the Union Address and his 2015 Tax Proposals. The White … [Read more...] about Will Congress Close the Trust Fund Loophole? #EstatePlanningAttorney
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The question, “who should be your designated beneficiary under your life insurance policy” is a very important family decision that should be made after careful consideration of all relevant family and financial goals in mind. As an experienced estate planning attorney, I strongly suggest if you have a blended family, minor children, disabled … [Read more...] about Who Should Be My Life Insurance Beneficiary? #EstatePlanningAttorney
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As an estate planning attorney in Mesa, Arizona I am frequently asked the question by parents: Should I name a minor child as a beneficiary or contingent beneficiary of a life insurance policy? This question has very important legal and financial ramifications that may affect your child positively or negatively for years to come and thus, should be … [Read more...] about Should I Name My Minor Child as a Beneficiary #EstatePlanningAttorney
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The unfortunate death of actor Robin Williams in August 2014 has sparked numerous articles, blogs and commentary on his life, family, comedy, mental illness, depression, and his estate plan. Whenever a celebrity passes away, either by natural causes or prematurely by unfortunate circumstances or events, undoubtedly that celebrity’s estate plan … [Read more...] about What Can We Learn From Robin Williams’ Estate Plan? #EstatePlanningAttorney
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