Our firm often sees errors in property deeds that create problems for owners of real estate after one owner dies. If you own a home, you acquired title through a deed that is recorded with the local county Recorder’s Office. There are two ways of holding title to real...
Recent legislation answers a huge estate planning question: the federal estate tax exclusion limit will be extended. When an individual dies, the owned assets are generally referred to as the “estate.” Settling the estate – either through the court-supervised probate...
Ross F. Barnett Attends National Law Conference Focused on Older Americans and Individuals With Disabilities Des Moines, Iowa — Ross F. Barnett, managing partner of Abendroth Russell Barnett Law Firm attended the National Academy of Elder Law Attorneys (NAELA) 2025...
Are you worried about your family paying taxes when you die? There is some good news that can affect your estate planning. Every estate is liable for a few different kinds of tax. Whether it is Federal estate tax, income tax, inheritance tax, or capital gains tax,...
If you are a parent of a child with a disability and your child is about to turn 18, this can be a scary time. You may be aware that once a child turns 18, they are a legal adult and are presumed to be capable of making decisions and exercising rights on their own....
Probate is the court-supervised administration of an estate. If you have a Will, upon your death your Executor will present it to the Court. It is a common misconception that merely possessing the Will vests someone with the authority to act. In order for a Will to be...
If you have an LLC or other business entity, you should be aware of important new changes to your reporting requirements. Last year, the Financial Crimes Enforcement Network, or FinCEN, finalized new rules. FinCEN is a bureau of the US Department of the Treasury, and...
In our practice, we see many clients who have an outdated estate plan. Even if you have a Will and powers of attorney, they may not meet your current needs. Here are three problems to watch out for: You Named the Wrong Executor or Trustee Your Executor or Trustee...
Starting your own business can be a tremendous opportunity that is fraught with challenges. When you have an idea, a marketing plan, and the enthusiasm to go out on your own, you need a legal partner. One of the first legal choices is the business structure: whether...
Social benefit programs designed to help people with disabilities typically have restrictions on how much money the beneficiary can have. Caps on monthly income and total assets owned are a major restriction on parents trying to complete an estate plan. Leaving money...