When was the last time you thought about your estate plan?
Life moves quickly. New milestones, unexpected changes, and shifting priorities can make it easy to forget that your estate plan needs to keep pace with your life. If your estate plan hasn’t been reviewed or updated recently, it might not reflect your current needs—and that could leave your family vulnerable.
What will your family treasure most when you’re gone?
When people think of estate planning, they often focus on major assets like homes, investments, or retirement accounts. But for many families, the most cherished items are the personal heirlooms—those objects that hold sentimental value and carry stories often from generation to generation.
Is 2025 the year you finally take steps to secure your family’s future?
At Family Estate Planning Law Group, we understand how important it is to protect what matters most—your loved ones. As the new year begins, many people set goals to improve their health, careers, or personal lives. But have you thought about your family’s long-term future?
Do you think estate planning starts and ends with a will?
Many people believe that creating a will is all they need to secure their family’s future. While a will is an important part of the process, estate planning goes far beyond that. A comprehensive estate plan ensures your wishes are carried out, your loved ones are protected, and your assets are properly aligned.
Happy Mother’s Day to all the wonderful moms out there! For some, this may be your first Mother’s Day. Whether you have been a mom for a day or twenty years, we can generally all agree that we want to protect and love our children. In this blog, we will highlight the important estate planning actions you should take and the changes to make as a new or expecting mom to make sure your children are taken care of in the ways that matter to you. [Read more…]
Happy National Legal Assistants Day!
Thank you to our legal assistants for making our attorneys’ workload and lives easier. We are grateful for all your hard work and dedication to making the planning process seamless and enjoyable for our clients. In honor of this day, we would like to highlight our paralegals, legal assistants, and administrative assistants as well as introduce you to two new members of our team, Jade and Kate!
On March 27, 2020 the president signed the CARES Act as part of an effort to ease the adverse financial consequences of the COVID-19 pandemic. While a lot of attention has been paid to the unemployment benefits, the payroll protection plan (PPP), and other portions of the CARES Act, the relief Congress provided to those who must take required minimum distributions from their qualified retirement plans (which we’ll call IRAs), and beneficiary or inherited IRAs (which we’ll call inherited IRAs) received very little attention. The CARES Act provides that required minimum distributions have been suspended for the year 2020.
This is Part 3 of our Caring about the New CARES Act series. Check out Part 1, an Overview, here and Part 2, for Individuals and Families, here.
As discussed in our overview of the CARES Act, small businesses nationally may be struggling to stay open, retain their employees, and keep up their cash flow all while making sure they keep themselves, their employees and their clients safe and healthy. The CARES Act has several programs that can help small businesses through these unprecedented times including two different loan programs and some tax provisions. You can read a great article by Michelle Black from Forbes.com (here) that we reviewed in putting together this blog.
During this season of life, where everyone is trying to figure out a new “normal,” adjust to changing circumstances, and make their way through new challenges, taking care of the ones you love seems to be pretty central to many people’s thoughts. Here at Family Estate Planning Law Group, we’re thinking about that too—taking care of our own families, and how we can continue to help you take care of yours. We recently came across a newsletter from Dianne Savastano at Healthassist, one of the many great organizations in our network of referrals, that contains a lot of information we thought might be helpful to our clients regarding caring for and protecting their families and loved ones (we encourage you to read it for yourself here).
Our Marketing Director Heidi Cookson shares some wisdom on student loan debt and your estate plan.
As someone who graduated college not too long ago, recently refinanced my student loans, and is about to embark on the journey of graduate school, there is one big elephant in the room: student loan debt. I am one of the millions of contributors(approx. 45 million people according to The Motley Fool) to the $1.6+ trillion of debt. The joke I frequently crack with my family and with my friends who are also feeling the pressing weight of student debt is, “at least if I die, the debt disappears *poof*”. This ultimately leads to drumming up fantastical stories of how to fake my death and live off the grid or assume a new identity to escape the ever-mounting sum, which can feel quite crippling. (Of course, as a Native Vermonter, the living off the grid option seems the most feasible and appealing.) This joke about faking death is one I am sure many parents and fellow student loan holders are familiar with.
