Anderson, Dorn & Rader Blog

If you have a loved one who has become incapacitated in some way, and they need your assistance in handling their health care decisions, accessing medical records will become necessary […]

Estate plans are very important for many different reasons.  Typically, an estate plan includes a will or trust, a power of attorney and advance medical directives.  But, for a young […]

Are you ready to relax and put the 9 to 5 behind you?  If so, hopefully you have a good retirement plan in place.  If it is not quite time, […]

Estate Issues Following the Death of a Spouse from Brad Anderson The death of a spouse is always traumatic. In that time of loss, the surviving family members are often […]

Divorce means separation and starting over.  It means substantial life changes.  It is also time to reassess everything.  Whether you already had a financial plan in place or not, it […]

Many businesspersons are so focused on growing their businesses that they do not consider the potential consequences of divorce.  Whether the co-founders divorce each other, or one of the founders gets divorced, […]

Do You Know Your Trusts? from Brad Anderson The basic purpose of a trust, in estate planning, is to minimize estate taxes and avoid probate. There are many different types […]

Performing the duties of a trustee after the death of a loved one is an important duty.  The good news is, you aren’t expected to start working immediately, because the […]

The basic purpose of a trust in estate planning is to minimize estate taxes and avoid probate. What is a trust, exactly? It is a fiduciary agreement (one based on […]

What can you do if your mother or father has become incapacitated and no longer able to handle his or her own affairs.  You may have already obtained a power […]

Estate planning, with your minor children in mind, requires more than simply choosing someone to raise them.  Another equally important consideration is who will manage the money and property that […]

A trust can be a significant financial tool, helping you to control your money and provide for the future of your loved ones.  If you are wondering whether you should […]

Whether your children are visiting their grandparents out of town, or they are away at camp for two weeks, there may come a time when you will be unavailable to […]

Understanding the Uniform Transfers to Minors Act from Brad Anderson Transferring your property, through a gift or by trust, is a common transaction. However, transfers of property to minors are […]

The last will and testament is still very popular, certainly not the only estate planning instrument available.  There are many other options, some of which may be better suited for […]

If you are familiar with the concept of capital gains, you may have heard of the term “step up in basis.”  Generally speaking, capital gains is the difference between the purchase […]

  The first piece of federal legislation addressing this issue was passed in 1956 and was known as the Uniform Gifts to Minors Act. The initial statute was based on […]

If creating your retirement plan has not been a priority, it is not too late to start.  Although Social Security will provide a sparse amount of retirement income, it will […]