Recent Posts by DLG

Review Your Estate Plan Annually to Make Sure It Is Up-to-Date

Just like you should visit your doctor for a yearly check-up, you should review your estate planning documents annually to make sure they are up-to-date. Children grow up, marriages dissolve, property gets sold, residences change. That’s why we recommend that you consult us for an estate-plan check-up every five years or so.

What Happens If You...

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The Potential Outcomes of Disinheriting a Child

In estate planning, it is common that parents divide the inheritance equally among the children. But sometimes, parents intentionally choose to not leave anything to a child, and the reasons for doing so may vary. One reason could be that a child who is more financially successful than the others and the parent doesn’t feel...
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The Effects of the Build Back Better Act on Estate Planning

The House Ways and Means Committee approved President Biden’s Build Back Better Act’s (BBBA) tax provisions, a major step towards passage of the bill. As the draft now stands, the legislative proposal may restrict the abilities of higher net worth individuals to shelter assets from tax consequences in their estate planning strategies. There is...
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A Guide for Understanding the Probate Process

The probate process involves authenticating the deceased individual’s will, assessing the assets, settling debts and taxes, and overseeing the allocation of the inheritance. After an asset-holder dies, the court will appoint a valid will's executor to administer the probate process. In the absence of a will, the court will appoint a state administrator to handle...
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