It’s Better to Give, Especially This Year

February 9, 2021 by Morris Hall, PLLC Leave a Comment

Normally, you must itemize your deductions in order to benefit from them. In 2020, the standard deduction amount is $12,400 for individuals and $24,800 for married couples filing jointly. But this year, you can get a charitable deduction even if you don’t itemize. Read on to learn more. … [Read more...]

Starting the New Year Right

February 4, 2021 by Jonathan Linford Leave a Comment

As we begin a new year, it’s a good time to start off right. If you don’t already have an estate plan, now’s a great time to make an appointment with an estate planning attorney to get one. Read on to learn more. … [Read more...]

What is a Power of Attorney?

January 21, 2021 by Theron M. Hall Jr. Leave a Comment

A Power of Attorney is a document in which the “Principal” gives powers, duties, and responsibilities to the “Agent” who acts for the Principal under certain circumstances. The Power may be over health matters (a Health Care Durable Power of Attorney – also known as a Health Care Proxy or Advance Health Care Directive in some states) or financial matters (a General Durable Power of Attorney). I often get calls from family members and loved ones saying they “need to get a power of attorney” over … [Read more...]

Updating Your Plan: Powers of Attorney

January 20, 2021 by Wendy W. Harn Leave a Comment

As we enter the new year, it’s a good time to think about updating your plan. This includes your entire plan, including Powers of Attorney. Powers of Attorney are part of even the simplest estate plan. A Power of Attorney allows your Agent to act for you. There are Powers of Attorney for financial matters and also those for health care. It’s important to consider whether you need to update either of these powers. Read on to learn more. … [Read more...]

Estate Planning 101 Wills vs Trusts

January 15, 2021 by Michael Halliday Leave a Comment

ESTATE PLANNING 101 – WILLS vs TRUSTS Your estate plan should accomplish some extremely important things, including protecting you, your assets, and your loved ones both now and in the future. Given everything your plan can, and should, do for you and your loved ones, you may not know where to start to ensure that your finished plan works as intended. If you die without an estate plan, your estate will be subject to intestacy laws in your state and likely have to go through the process of … [Read more...]