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Many Reasons for Estate Planning PDF Print E-mail
Sunday, 20 March 2011 05:33

Although estate taxes and probate avoidance are often cited as leading reasons to do estate planning, they are not the most important reasons.  The most important reasons are to preserve, protect and transfer everything you own in order to benefit, protect and plan for everyone you care about.  Estate planning involves what happens in the event of either disability or death and proper planning can save a great deal of money and prevent a great deal of inconvenience for your survivors.

The article linked below lists 10 reasons for estate planning.

Read the article here

 

Ronald Zack offers affordable, basic and advanced estate planning packages for your situation. Counseling focuses on your needs and desires.  Please call and ask about our plans.

Ronald Zack is a Tucson Estate Planning and Elder Law attorney who can help design an estate plan that will achieve your objectives, including providing for yourself in the event of your disability and your loved ones after you are gone. A carefully prepared estate plan can assure the transfer of your non-financial wealth, along with your financial assets.   In addition to wills, trusts, powers of attorney and other planning documents, Ronald Zack can help with any actions in Probate Court - guardianships, conservatorships, probate administration.  Please call for a comprehensive evaluation that will focus on your needs and your particular situation.

Ronald Zack PLC

 

520-664-3420, 520-331-3232; This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Last Updated on Sunday, 20 March 2011 09:19
 
Decreasing Estate Tax Liability - Various Techniques PDF Print E-mail
Saturday, 19 March 2011 05:11

People with large estates have several options to minimize their estate tax liability.  Remember, though, the exemption, currently five million dollars, is set to decrease to one million dollars in 2013.  That creates a need for estate tax planning for anyone who has not included death among their goals for the next two years.  Of course, estate tax is only one reason to plan your estate.  People with estates of any size can plan for their disability and death, provisions for their loved ones who survive them, avoidance of probate, final arrangements, etc.

As for estate tax planning, careful gifting, payments of certain expenses, charitable contributions, and setting up trusts, such as credit shelter trusts and irrevocable life insurance trusts are some of the techniques described in the article linked below.

Read the article here

Ronald Zack, a Tucson area Estate Planning and Elder Law attorney, offers affordable, basic and advanced estate planning packages to fit each situation. Counseling focuses on your needs and desires.  Please call and ask about our plans.

Estate planning objectives include providing for yourself and loved ones in the event of your disability and providing for loved ones after you are gone. A carefully prepared estate plan can assure the transfer of your non-financial wealth, along with your financial assets.   In addition to wills, trusts, powers of attorney and other planning documents, Ronald Zack can help with any actions in Probate Court - guardianships, conservatorships, probate administration and ALTCS planning.  Please call for a comprehensive evaluation that will focus on your needs and your particular situation, needs and budget.

Ronald Zack PLC

520-664-3420, 520-331-3232; This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Last Updated on Saturday, 19 March 2011 08:16
 
Methods of Distribution PDF Print E-mail
Sunday, 13 March 2011 06:37

Distributions of your assets, after your death, can be made in several ways.  The tricky part is to balance access your beneficiaries will have to the money against protections provided.  The article linked below explains some methods of distribution ranging from "outright," which offers immediate and unfettered access with no protections, to that of a lifetime protective trust.  Very often, people will want to allow access for everything the beneficiary needs, but not necessarily everything they want.  That way, the inheritance can be preserved to last a long time. Protection from creditors, predators, divorce, remarriage, bankruptcy and lawsuits is possible with proper planning.  The article here, describes four methods - outright, convenience trust, credit shelter trust and QTIP trust.

Read the article here

 

Ronald Zack, a Tucson area Estate Planning and Elder Law attorney, offers affordable, basic and advanced estate planning packages to fit each situation. Counseling focuses on your needs and desires.  Please call and ask about our plans.

Estate planning objectives include providing for yourself and loved ones in the event of your disability and providing for loved ones after you are gone. A carefully prepared estate plan can assure the transfer of your non-financial wealth, along with your financial assets.   In addition to wills, trusts, powers of attorney and other planning documents, Ronald Zack can help with any actions in Probate Court - guardianships, conservatorships, probate administration and ALTCS planning.  Please call for a comprehensive evaluation that will focus on your needs and your particular situation, needs and budget.

Ronald Zack PLC

 

520-331-3232; This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Last Updated on Tuesday, 14 January 2014 09:58
 
A Primer on Hospice Care PDF Print E-mail
Saturday, 12 March 2011 06:16

"In 2009, an estimated 1.56 million patients, more than 40 percent of deaths, received hospice services in the United States."  Although the numbers of people receiving hospice care are quite large, hospice, as it is provided in the United States, is often misunderstood.  This Newswise.com article reviews the history of hospice care, services provided, the distinction between hospice and palliative care and describes a typical home visit by a hospice nurse.

Read the article here

 

Ronald Zack, a Tucson Estate Planning and Elder Law attorney, is also a Certified Hospice and Palliative nurse. He can help with disability planning, end of life planning and can help design an estate plan that will achieve your objectives.   A carefully prepared estate plan can assure the transfer of your non-financial wealth, along with your financial assets.  In addition to wills, trusts, powers of attorney and other planning documents, Ronald Zack can help with any actions in Probate Court - guardianships, conservatorships, probate administration.  Please call for a comprehensive evaluation that will focus on your needs and your particular situation.

Ronald Zack PLC

 

520-331-3232; This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Last Updated on Saturday, 01 February 2014 10:20
 
End-of-Life Preparation PDF Print E-mail
Monday, 28 February 2011 04:35

End of Life Planning is an all too often avoided area.  According to an excellent article by Judith Johnson in the Huffington Post, "The key to effective end-of-life planning is not to race through filling out legal documents, but rather to take our time to thoughtfully clarify our thoughts, attitudes, beliefs and feelings about dying and death first."  Johnson lists "The Five Areas of End-of-Life Preparation,"  "Top Seven Excuses for Not Putting Our Affairs in Order," and "The Top Five Payoffs for Putting Your Affairs in Order Now!"

Read the article here

Ronald Zack offers affordable, basic and advanced estate planning packages for your situation. Counseling focuses on your needs and desires.  Please call and ask about our plans.

Ronald Zack is a Tucson Estate Planning and Elder Law attorney who can help design an estate plan that will achieve your objectives, including providing for yourself in the event of your disability and your loved ones after you are gone. A carefully prepared estate plan can assure the transfer of your non-financial wealth, along with your financial assets.   In addition to wills, trusts, powers of attorney and other planning documents, Ronald Zack can help with any actions in Probate Court - guardianships, conservatorships, probate administration.  Please call for a comprehensive evaluation that will focus on your needs and your particular situation.

Ronald Zack PLC

520-664-3420, 520-331-3232; This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Last Updated on Monday, 28 February 2011 07:30
 


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