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Estate Planning & Elder Law Blog

What Strategies Minimize Estate Taxes?

With 2022 bringing very little change to trust and estate law, 2023 remains a prime opportunity to take advantage of the favorable tax landscape.
03/15/23 • by: The Law Office of John A. Laine, P.C.
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Does Divorce Have an Impact on Estate Planning?

When you're in the midst of a divorce, you're probably not thinking about estate planning or your will. However, if you're divorcing, you should think about the impact a divorce can have on an estate plan.
03/15/23 • by: The Law Office of John A. Laine, P.C.
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What Is Portability and When Should I Make a Portability Election?

A common financial mistake married farm couples make occurs when the first spouse dies, and the surviving spouse fails to ‘elect portability.’
03/02/23 • by: The Law Office of John A. Laine, P.C.
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Do I Need a Life Insurance Trust?

Created to own and control a life insurance policy or policies while the insured is alive, Irrevocable Life Insurance Trusts (ILITs) are tools that are sometimes recommended by estate and planners.
03/02/23 • by: The Law Office of John A. Laine, P.C.
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How Does Estate Planning Work for Caregiving Children?

A not uncommon estate planning scenario is an elderly parent who lives with an adult child, either at the parent(s)’s home or at the child’s home.
03/02/23 • by: The Law Office of John A. Laine, P.C.
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Some Hobbies Can Help You Live Longer

Hobbies are part of what makes life fun. Some of them come with a major bonus: They just might lengthen your life.
02/15/23 • by: The Law Office of John A. Laine, P.C.
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What are the Benefits of Creating a Life Estate?

Once you create a life estate, property rights vest in your heir.
02/15/23 • by: The Law Office of John A. Laine, P.C.
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Does a Will Have an Expiration Date?

If I have a current will that is about seven to 10 years old, do I have to write up a new will or can I edit the current will?
02/15/23 • by: The Law Office of John A. Laine, P.C.
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How Does an ABLE Account Work for a Special Needs Child?

If you have a child or grandchild with disabilities, one of your biggest worries is what will happen when you are no longer around to provide aid.
02/15/23 • by: The Law Office of John A. Laine, P.C.
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Who Gets Graceland after Lisa Marie Presley‘s Death?

Lisa Marie Presley‘s surviving three children will reportedly inherit her Graceland estate.
02/06/23 • by: The Law Office of John A. Laine, P.C.
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