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Home » planning

planning

Planning Is Important

December 9, 2020 by Courtesy of Parman and Easterday

Planning is important. End-of-year tax planning is one part of that planning. This year you should also consider whether you’ve had any payroll tax withholdings deferred. If your employer deferred those withholdings, you’ll have more money withheld next year than usual. That means you’ll have less money for other things, like IRA contributions. by Steve Hartnett  As Autumn arrives, it’s not too early to consider end-of-year planning. Fundamental to end-of-year planning is deciding … [Read more...] about Planning Is Important

Filed Under: Estate Planning, Legal Education Tagged With: end-of-year planning, Estate Planning, IRA, payroll tax, planning

Avoiding Family Chaos in the Coronavirus Age

June 2, 2020 by Larry Parman, Attorney at Law

The novel “coronavirus” (also called “SARS-CoV-2”) causes the disease “COVID-19.” It first appeared in late 2019 and was reported to the World Health Organization (WHO) on December 31, 2019. Here’s a link to the WHO’s site for the latest global information. COVID-19 has impacted the lives of millions of people and countless events around the world. The coronavirus has infected over four million people around the world, including over a million in the United States.  Over 100,000 … [Read more...] about Avoiding Family Chaos in the Coronavirus Age

Filed Under: Estate Planning, Legal Education Tagged With: Coronavirus, Covid-19, Estate Planning, planning

Planning to Enjoy Thanksgiving

November 28, 2019 by Larry Parman, Attorney at Law

Planning ahead is the loving thing to do. Whether it is for a Thanksgiving meal or for your estate plan, planning is imperative. This article points out the various consequences of your failure to plan, including the increased likelihood for family discord. Read on to learn how planning ahead can help achieve the desired results. Planning to Enjoy Thanksgiving by Steve Hartnett 0 Comments As friends and family gather around the Thanksgiving table, we recognize how truly grateful we … [Read more...] about Planning to Enjoy Thanksgiving

Filed Under: Estate Planning, Legal Education Tagged With: Estate Planning, planning, Thanksgiving, trusts, vacation

Planning for Special Needs Children

November 20, 2019 by Courtesy of Parman and Easterday

Planning is important when providing for any of your children. But planning is even more important for special needs children. Without proper planning, an inheritance can jeopardize a special needs child’s needs-based benefits, such as SSI or Medicaid. Read on to learn more about planning for special needs children. Planning for Special Needs Children … [Read more...] about Planning for Special Needs Children

Filed Under: Estate Planning, Legal Education Tagged With: planning, Special Needs, trusts

Planning for Education Expenses

November 13, 2019 by Courtesy of Parman and Easterday

Planning is important when providing for your children or grandchildren. But planning for their education has special importance and may have special advantages. This article looks at how a trust can be used to provide for your child or grandchild’s education. The article looks at how a trust can protect those funds. Planning for Education Expenses … [Read more...] about Planning for Education Expenses

Filed Under: Estate Planning, Legal Education Tagged With: 529, education, planning, trusts

Planning for Step-Children

September 25, 2019 by Courtesy of Parman and Easterday

If your spouse has biological children, you may consider them your own. But, if you haven’t adopted them, they have no inheritance rights. This article looks at how to plan for step-children. Planning for Step-Children … [Read more...] about Planning for Step-Children

Filed Under: Estate Planning, Legal Education Tagged With: intestate, planning, step-children, trust

Disinheritance

September 18, 2019 by Larry Parman, Attorney at Law

Each of us will die eventually. This article looks at how planning can make your passing easier for those whom you leave behind. Specifically, this article will look at how you can disinherit someone with the least disruption to the family. Disinheritance … [Read more...] about Disinheritance

Filed Under: Estate Planning, Legal Education Tagged With: communication, contest, dispute, planning

The Importance of Communicating Your Plans

September 11, 2019 by Courtesy of Parman and Easterday

Each of us will die eventually. This article looks at how planning can make your passing easier for those whom you leave behind. Specifically, this article will look at the importance of communicating your plans with your loved ones to avoid disputes after your death. The Importance of Communicating Your Plans … [Read more...] about The Importance of Communicating Your Plans

Filed Under: Estate Planning, Legal Education Tagged With: communication, contest, dispute, planning

Your Planning Can Help Your Loved Ones

September 4, 2019 by Courtesy of Parman and Easterday

Each of us will die eventually. This article looks at how planning can make your passing easier for your loved ones. Specifically, this article will look at the importance of the manner in which assets are left for your loved ones. Your Planning Can Help Your Loved Ones … [Read more...] about Your Planning Can Help Your Loved Ones

Filed Under: Estate and Inheritance, Estate Planning, Legacy Planning Tagged With: Asset Protection, planning, Special Needs

Planning is Critical

August 28, 2019 by Larry Parman, Attorney at Law

It’s important to have a plan. If you don’t have a plan, your state law dictates who gets your property and makes decisions for you. Read on to learn more about a heart-breaking story of someone who didn’t plan and the consequences. Planning is Critical … [Read more...] about Planning is Critical

Filed Under: Blended Families, Estate Planning Tagged With: blended family, Intestacy, planning, Probate

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