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What Are Estate Taxes?

Studies suggest that millennials will inherit an astounding $68 trillion in the coming years, making them the wealthiest generation in history. While this may be great news for some, it also comes with significant tax implications.

06/06/23 • by: Larson Law Office

Why Everyone Needs a Will and an Estate Plan

Estate planning is the process of anticipating and arranging for the management and disposal of a person's estate during the person's life in preparation for a person's future incapacity or death.

05/23/23 • by: Larson Law Office

Can I Keep Stepchildren Out of Estate Plan?

Estate planning is nearly always worthwhile but can be extra important when you have stepchildren.

05/23/23 • by: Larson Law Office

Protect Your Elderly Parents from Scammers

Scam artists often target older adults, partly because they have amassed greater wealth.

05/18/23 • by: Larson Law Office

Protecting Assets with a Trust vs. Limited Liability Company

To protect assets effectively, you have to store them in the right legal entity. However, that can depend on whether you’re looking to protect business assets, avoid estate taxes, or protect personal assets from legal liability while running a business.

05/11/23 • by: Larson Law Office

Estate Planning Mistakes to Avoid

It is a common misconception that only the ‘uber rich’ need an estate plan, when in actuality, everyone should have a plan.

04/18/23 • by: Larson Law Office

Estate Planning Checklist

Estate plans are made up of many parts, including wills and trusts, as well as any additional documents or information that will help beneficiaries carry out the requests of the benefactor.

03/31/23 • by: Larson Law Office

How to Transfer Business to the Next Generation

Failing to properly plan for disability, death, or the ultimate transition of a family business can lead to disastrous financial consequences for both the business and the family.

03/27/23 • by: Larson Law Office

The Benefits of a Good Estate Plan

Estate planning helps you avoid many problems. While it may take a little time and money upfront, you can avoid far worse problems later on.

02/16/23 • by: Larson Law Office

What’s More Important: Estate Plan or Trust?

Trusts and estates are the two main legal structures for transferring assets to your heirs and beneficiaries. Each works in critically different ways.

12/07/22 • by: Larson Law Office

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Estate Planning Blog