Anderson, Dorn & Rader Blog

The federal estate tax carries a 40% maximum rate, and the exclusion amount is $5.25 million in 2013. What this means in simple English is that only $5.25 million worth […]

People that have assets that exceed the exclusion amount ($5.25 million in 2013) most certainly need to discuss tax efficiency strategies with a licensed estate planning attorney who places an […]

There are DIY legal document sites on the Internet that sell generic fill-in-the-blanks legal documents including last wills. Another type of do-it-yourself estate planning involves the use of joint ownership. […]

The role of Life insurance is extremely important when considering your estate plan.  We would like to highlight three commonly asked questions about the tax implications, and provide the answers […]

Sometimes people would like to leave behind some type of asset to another individual without giving the recipient the right to decide who receives it after the recipient dies. Life […]

The last will is the most commonly utilized asset transfer vehicle in estate planning. Many individuals assume that this is their only logical option because they are under the impression […]

Estate planning involves confronting some sensitive matters.  For many people considering marriage, one such issue is the decision to ask your spouse-to-be to enter into a premarital agreement.  Those who […]

On the Internet there are marketers that sell generic estate planning documents like wills and trusts. Statistics tell us that most people don't have a comprehensive estate plan in place. […]

When you die without a will you are said to have died intestate. Under these circumstances the probate court must sort things out utilizing the laws of the state of […]

The estate planning process involves a number of different facets, including matters that the typical layperson may not consider. When you know the facts you understand why certain courses of […]

The baby boomer generation is comprised of people who were born from 1946 to 1964. This group is reaching the age at which people typically retire, but studies are showing […]

Back in the late 1980s through to the early 1990s Peter Barton played the role of Dr. Scott Grainger on The Young and the Restless, a popular soap opera. Undoubtedly […]

Planning for the future sometimes involves considering uncomfortable topics such as mental or physical incapacity.  To prepare for this eventuality you will need to select an individual who can handle […]

The estate tax parameters we could expect for 2013 were hazy throughout last year. At the end of 2010 a piece of legislation called the Tax Relief, Unemployment Insurance Reauthorization […]

A report was made available by the U.S. Census Bureau in 2010 stating that around 26% of minors under the age of 21 were living in single-parent households - an […]

There are certain responsibilities that you may not have addressed for one reason or another, and for many people estate planning is one of these. When you are busy with […]

People who use a last will for their estate plan should be aware of the process of probate and the role of the executor.  Probate is a court supervised process […]

Financial planning lawyers will always emphasize the need to accumulate resources for retirement. There are those who make no advance plans because they are under the impression that Social Security […]