MacLaren Law, LLC

10/21/2021

04/02/2020

"As the global coronavirus pandemic continues to unfold, there are some non-investing matters we should consider in order to protect our families and financial well-being." thinkabout:

As the global coronavirus pandemic continues to unfold, there are some non-investing matters we should consider in order to protect our families and financial well-being. Here are ten ideas to think about...

03/20/2020

Estate Planning Update: Here is a lesson about the importance of making sure your Will or Trust are up to date. To ensure that all children are included, we use language to include children born to or adopted during minority after the date of the Will and/or Trust. If your Will or Trust does not include language such as this, each child needs to be identified specifically.

The trust set up the Lakers legend was reportedly not updated after the birth of his youngest daughter Capri.

12/03/2018

It’s never too early to start planning.

An estate plan requires planning. To put a fine point on it, a solid estate plan determines who gets what when you die, "preferably in a tax-efficient manner and with creditor protection," says Robert H. Sitkoff, the John L. Gray professor of law at Harvard Law School.

10/11/2018

“A good lawyer can make a big difference, but so can a bad lawyer in the other direction. Among other things, a good lawyer will know what questions to ask, surfacing issues and problems that you might not think of otherwise.”

An estate plan requires planning. To put a fine point on it, a solid estate plan determines who gets what when you die, "preferably in a tax-efficient manner and with creditor protection," says Robert H. Sitkoff, the John L. Gray professor of law at Harvard Law School.

10/04/2018

07/29/2018

12/28/2017

This is a nice Article on the Estate Tax laws for 2018 and beyond.

The new tax bill passed by Congress and signed into law by the President today has increased the amount individuals can transfer free of Gift, Estate and Generation Skipping Transfer (“GST&rdquo

12/23/2017

Happy Holidays to you and yours

12/19/2017

https://3rdrailpolitics.com/article/831?mobile=true

Dower Rights in Ohio are seen as an antiquated, unnecessary law that complicates real estate transactions because it provides even a non-title holding spouse with a real property interest. “It goes back to English law and aristocracy to preserve property in the royal line,” explained Representat...

11/07/2017

"The proposal changes the basic exclusion amount as set forth in IRC Section 2010(c)(3)(A) from $5 million to $10 million." However, "Estate planning should never be only about estate taxes. For most people, more wealth is dissipated from elder financial abuse, lawsuits, divorce, spendthrift heirs and other risks than from estate taxes. Properly crafted modern trusts can address all of these concerns and provide more flexibility no matter what results from the Act."

A review of the provisions that affect estate-planning professionals.