Estate planning can become a bit tricky if your spouse is not a U.S. citizen. Why? For estate tax purposes, U.S. citizens have a huge tax advantage over non-citizens. Your estate will have to pay federal estate taxes when you die if the net value (assets minus debts) is more [...]
Happy Thanksgiving from Powers & Neal! We hope you have a wonderful day with your families.
George Washington’s Last Will and Testament, 9 July 1799 [Mount Vernon, 9 July 1799] In the name of God amen I George Washington of Mount Vernon—a citizen of the United States, and lately President of the same, do make, ordain and declare this Instrument; which is written with my own [...]
What is a Power of Attorney? A Power of Attorney ("POA") is a document someone signs (the "principal") giving someone else (the "agent") authority to do things the principal could have done if he or she was able. There are two types of Power of Attorneys that people think about. [...]
Today I'm delighted to share an article from my friend Kristin Dorn at the Dorn Agency about today's hot button issue: health insurance.* What Every Arizonan Should Know About Health Insurance The frustration is mounting with health insurance. The website is a mess. The premiums are higher than many expected. [...]
As an estate planning attorney, I hear stories every day about common estate planning mistakes and their consequences. Mistakes can vary, but often result in someone not adequately planning to take care of themselves during their life, planning for their disability, and planning for their survivors after passing. With a [...]