Veteran's Planning - Idaho Estate Planning

Baby Boomers and Their Disappearing Inheritances

I read a very interesting article on the Wall Street Journal website by Anne Tergesen. In the article, found here does a very good job of discussing the issues facing Baby Boomers and their parents. We have discussed the "Sandwich Generation" before (adults sandwiched between caring for their...

Incapacity and Estate Planning

Estate planning requires the ability to understand what you are doing. However, due to age, injury or illness, at what point might you have too little understanding to make legal plans? That's a tough call.What is incapacity for legal purposes, how do you define it, and how do you keep an...

Understanding Duties of the Trustee

A trustee should be, first and foremost, a "trustworthy" person. A trustworthy trustee acknowledges the challenges and responsibilities of holding this position. Accordingly, if you are establishing a trust or being asked to engage as trustee under one, then you should give thorough...

Is General Partner the Same as Generally Liable?

Personal asset protection is a major motivator behind creating a business entity through which to conduct business activities. For certain entities that means the protection of a corporate veil, but others are less safe.On that note, a recent Forbes article titled "Miske: The Innocent General...

Using Cleanup Gifts in 2012

The clock is winding down on the first half of 2012 - the "Year of Gifting." With the nation's capitol rather rancorously heading into election season, the time for "cleanup gifts" is closing. In fact, "cleanup gifts" were the subject of a recent article in The Wall Street Journal titled "A...
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