Beyond the Standard Revocable Living Trust A complete estate plan starts with a standard revocable living trust.  A revocable trust is one that can be altered or canceled by the creator of the trust, known as a Trustor. Standard revocable living trusts help manage and protect the assets of … [Read more...] about Knowing If You Are In Need of Advanced Protection

The purpose of an estate plan is often misunderstood. We are not just planning for a future with ourselves in mind, we are planning for the future of our families in a world where we are no longer present. Many parents contribute to a college fund for their children, work hard to provide them with … [Read more...] about Common DIY Estate Planning Mistakes

At what age should I start thinking about my estate plan? This is one of the most common questions people ask us at Morris Hall PLLC. Although there is not a specific age per se, the answer is rather simple. Any adult who has assets they would like to protect should have some form of estate plan in … [Read more...] about Essential Steps for Creating an Estate Plan

At Morris Hall, we know that a secure future hinges on our current preparation. A small amount of time and effort now can lead to considerable benefits later down the road. Many systems have been put into place to help individuals achieve peace of mind as they age and when speaking towards financial … [Read more...] about What to Know About 401K’s and IRA’s

On January 1, 2020, the Setting Every Community Up for Retirement Enhancement (SECURE) Act took effect. It has become the largest retirement reform to have an impact on the economy since the Pension Protection Act of 2006 was enacted. The SECURE Act was first drafted to address the difficulty many … [Read more...] about How to Prepare for Estate Planning Under the SECURE Act

Establishing an estate plan is an exercise that each of us is going to have to tackle at some point in our lives. It becomes more important with every passing year as our assets and legacy grow. Creating an effective and ironclad estate plan is not an easy venture, as it must accomplish multiple … [Read more...] about Estate Planning Best Practices