Same Sex Estate Planning After DOMA

ESTATE PLANNING FOR SAME-SEX COUPLES The Supreme Court’s decision in Windsor signaled a new era for same-sex marriages legally performed under state law. The central ruling in Windsor held that the Defense of Marriage Act (DOMA) was unconstitutional by depriving same-sex couples of equal protection under the law. Importantly, Windsor did not address whether states are required to recognize same-sex marriages performed …

How To Handle Digital Assets?

As people continue to use the Internet for paying bills and social interaction, many people are starting to wonder what will happen to their digital assets when they die. Digital assets are an important part of estate planning these days and you want to name a reliable person to access your Internet accounts when you no longer can. The online …

Can I name minors as my beneficiaries?

One of the main concerns with naming a minor as a beneficiary is ensuring that any money is used for appropriate purposes, like health or education. Creating a well-designed plan will ensure the money is used in a responsible way. Trusted Adult The first step to naming minors as beneficiaries is to find an adult or person over the age …

Why Is An Estate Plan Important For Your Income Type?

No matter how old or young you are, creating an estate plan is vital for the future of your financial state. Even if you are not a millionaire, creating an estate plan is essential to ensure that the proper people inherit the assets you have accumulated over a lifetime. Assets are more than just a house or car; assets also …

Medical Directives for Young Adults

At Kamper Estrada, LLP, we emphasize the importance of creating estate-planning tools to plan for the future. No matter how young or old a person is, creating an appropriate plan, such as a living trust or will is critical to ensuring that needs and goals are met. Once a plan is in place it is important to communicate with loved …

Things For Young Families to Consider

Young families are not protected from emergencies or death. Although the thought that people live forever is nice, the truth is that not everyone survives until the age of 80 unharmed. Creating estate-planning tools to protect you and your young family in the future is vital. Once you reach the age of 18 all legal issues in regards to your …

Baby Boomers and Estate Planning

The group of individuals considered baby boomers were born between 1946 and 1964. This group began reaching retirement age in 2011 and studies show that many of these individuals may not have established estate-planning documents. It is important for baby boomers to look into establishing certain legal documents to protect them during retirement time. Studies also show that the rise …

Is There a Plan For Your Medical Care?

Medical emergencies can happen in the blink of an eye. Establishing a plan for your medical treatment ensures that your loved ones will be empowered to take needed steps for your care. Without a plan, court action and unnecessary delays may result. Estate planning for families does not just include what will happen after you die. People need to consider …