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Estate Planning
Minnesota pop icon Prince became a worldwide phenomenon due to his new sounds and creative lyrics. He taught us all a lot, both through his music and his outspoken beliefs that artists should have full control over their music. And now, even in his death, Prince leaves behind one final life lesson for us all...
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Some changes come so quickly and are so pervasive that people rarely stop to think about the consequences. Not that long ago, data storage meant boxes and boxes of paperwork. Seemingly overnight, the record of our lives moved from shoeboxes and filing cabinets to cloud accounts. Much of who we are is stored online, whether...
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You did it! You took that often-dreaded step and worked with a lawyer to create your estate plan, which includes a will, an advanced health care directive, and possibly a trust or two. You have your estate planning documents in hand, and you feel a great sense of relief and accomplishment. But now what? Is...
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No estate plan is perfect for everyone. For it to work effectively, an estate plan must reflect the assets and potential heirs, as well as the values and goals of the person it was created for. This is never truer than when an estate plan is created for the parent of a young child. We...
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Another long cold winter has come to an end, and spring is slowly emerging. You know what that means: it is time for spring cleaning! Many people find great joy in taking the opportunity to open up the house, dust, clean, vacuum, polish and de-clutter; others see it as a massive chore. Whether you revel...
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In the past, we have written about the importance of updating your estate plan as life changes. But an effective estate plan requires more than this. It requires a scheduled annual review with your lawyer. The Annual Review: What’s Involved When you meet with your lawyer for your estate plan’s annual checkup, you will likely...
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Creating a comprehensive estate plan is only the beginning of the estate planning process. Every so often, a life event will require you to review and revise your estate plan to keep it current. Here are the top four events that will likely trigger major updates to your plan. When Should I Revisit My Estate...
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Comedian Joan Rivers was widely known as a dog lover who adored her pets. When she passed away due to surgical complications in the fall of 2014, her dogs were by her side. They were also well provided for in her estate plan. At White & Associates, we know just how important our clients’ pets...
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If something happened to you, would your loved ones know what to do? Many people think that they’re prepared for the unexpected just because they have a will. But a complete estate plan—one that provides needed guidance to your family and friends—is much more than just a will. Depending on your needs, your estate plan...
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The snow has melted and spring has officially arrived. What does that mean? Tax season is upon us! Around this time every year, we often hear from clients who have a variety of estate planning questions that all boil down to one simple query: What can we do to limit our taxes? While we aren’t...
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