Why Real Estate Title Matters

Real estate can take on different forms of ownership depending upon the number of parties and the unique circumstances involved. Understanding how your real estate is owned, or “titled,” is necessary because this determines the extent of control you have over your real estate, how susceptible your property is to creditors, and what will happen [...]

By |2022-06-15T10:29:23-05:00June 15th, 2022|Estate Planning|0 Comments

SECURE Act Update – Proposed Regulations Issued

In 2020, we alerted you to the Setting Every Community Up for Retirement Enhancement Act (SECURE Act), which became effective as of January 1, 2020.  See our original blog post HERE. The SECURE Act requires most designated beneficiaries (other than a surviving spouse or certain protected classes of beneficiaries) to withdraw the entire balance of [...]

By |2022-05-12T19:06:53-05:00May 12th, 2022|Estate Planning|0 Comments

Election Year Estate Planning – Why You May Need to Act Fast!

With a push by the Democratic party to restore federal estate taxes to their historic norms, taxpayers need to act now before Congress passes legislation that could adversely impact their estates. Currently, the federal estate and gift tax exemption is set at $11.58 million per taxpayer. Assets included in a decedent’s estate that exceed the [...]

By |2021-03-26T21:22:30-05:00November 4th, 2020|Estate Planning|0 Comments

Protecting Your Family in Vulnerable Times… Lessons From the Geese!

Last week, Missouri finally approved the notarization and witnessing of estate planning documents by virtual presence. Until the order was passed, we were conducting our signing meetings at the building entrance to avoid traffic in the office suite. For those that signed their documents during this time, a special witness was present in addition to [...]

By |2021-06-10T10:06:07-05:00April 13th, 2020|Estate Planning|0 Comments

Protecting Yourself and Your Legacy in Light of COVID-19 (Coronavirus)

In the midst of a global pandemic, it goes without saying that an updated estate plan is critical. While we are monitoring the current situation with COVID-19 (Coronavirus) and are mindful of CDC recommendations, The Lynn Law Firm, LLC remains open at this time and committed to assisting our clients with protecting themselves and their [...]

By |2021-03-26T21:23:16-05:00March 18th, 2020|Estate Planning|0 Comments

Impact of the SECURE Act

If you have kept up with current events, you know that January 1st marked a significant change to retirement accounts. On December 20, 2019, President Trump signed the Setting Every Community Up for Retirement Enhancement Act (SECURE Act), which became effective January 1, 2020.   The Act is the most impactful legislation affecting retirement accounts in [...]

By |2021-03-26T21:23:23-05:00January 3rd, 2020|Estate Planning|0 Comments

Does Your Estate Plan Protect Your Beneficiaries?

If you think you only need to create discretionary lifetime trusts for young, troubled, or financially inexperienced beneficiaries, then think again. In this day and age of frivolous lawsuits and high divorce rates, discretionary lifetime trusts should be considered for all of your beneficiaries, minors and adults alike. What Is a Discretionary Lifetime Trust? A [...]

By |2021-03-26T21:23:48-05:00July 31st, 2019|Estate Planning|0 Comments

Do Your Parents Have an Estate Plan?

As the holidays approach and family gatherings abound, you may wish to set aside some time to discuss estate planning with your parents.  If you find yourself in the “sandwich generation” (someone who is caring for both your children as well as your parents simultaneously), you need to know whether or not your parents have [...]

By |2021-03-27T11:08:17-05:00December 10th, 2018|Estate Planning|0 Comments

What Do the 2018 Midterm Elections Mean for Your Estate Plan?

Estate planning is meant to be an ongoing process, not a one-time transaction. In the same way that you never stop budgeting, saving, and investing as you go through life, it is also sensible to see estate planning as a lifelong project. Let’s look at some of the considerations you should make now that the [...]

By |2021-03-27T11:11:28-05:00December 3rd, 2018|Estate Planning|0 Comments
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