When a new year rolls around, people often resolve to take care of certain responsibilities that they have been putting on the back burner. With this in mind, we urge you to schedule an estate plan review in 2021 if you have not looked at your plan in years. There are a number of different reasons why revisions can be necessary, and we will look at some of them in this post. Changes to Relevant Laws Your original estate plan is based on a snapshot of the circumstances that existed at the … [Read more...] about New Year’s Resolution: Schedule an Estate Plan Review
If you've been reading this blog for a while, you have probably heard us refer to executors numerous times. But what is an executor? Who determines who this person is? What does the executor do? Understanding an executor's duties, the role he or she plays in your estate plan, and what you can do to choose an executor is absolutely essential when crafting a plan. Today we are going to take a closer look at executors, what you have to do to choose one, and other important issues surrounding … [Read more...] about Understanding Estate Planning – What is an Executor?
Before the pandemic, Americans were more mobile than ever. When you move, you have to change your address, your voter registration, and all sorts of other things. But, do you need to revise your estate planning documents? Like with many things in law, it depends on your situation. by Steve Hartnett In the prior decade, millions of Americans moved each year. Here’s a link for more information on moving in America. Often, people wonder, “What happens to my estate plan if I move?” … [Read more...] about Will Your Estate Plan Still Work If You Move?
Your estate plan should be uniquely designed to achieve your specific goals and objectives using a variety of estate planning tools and strategies. All of these estate planning documents are essential components used to protect you, your assets, and your loved ones. You may still feel though that something is missing. A Letter of Instruction may be that missing component. An Overland Park estate planning attorney at Parman & Easterday explains how a Letter of Instruction might fit into your … [Read more...] about Making Use of a Letter of Instruction
“Who Shot J.R.?” is one of the all-time great cliffhangers from the television series Dallas when J.R. Ewing was shot by an unknown assailant. In this short video, join Parman & Easterday's Founding Attorney and President, Larry Parman, on-site of the infamous Southfork Ranch where he discusses the big Estate Planning mistake the Ewing’s made that you want to avoid. Of course, the Ewing’s made plenty of other mistakes, but Larry knows better than to dive into those treacherous … [Read more...] about “Who Shot J.R.?”: The Ewing’s Big Estate Planning Mistake to Avoid
Enjoy this short video from the History Channel that provides some little-known factoids about the Fourth of July! … [Read more...] about Little-Known and Fun Fourth of July Factoids