As more than half of all adults are under prepared when it comes to estate planning, thankfully there are changes that are making it accessible to everyone. With technological developments, both clients and attorneys alike are able to put together a will faster than ever. Since you might not realize how technology could be changing […]
Category: Estate Planning
How to Reduce Tax Liabilities on Your Client’s Estate in 5 Simple Steps
Who deserves to benefit more from your clients’ years of hard work – your clients and their family or the government? When you’ve amassed a considerable net worth, the last thing you want to do is pay a large percentage of it to the IRS when you die. But it still happens – poor planning […]
5 FAQS ESTATE ATTORNEYS ASK ABOUT USING LEGAL DOCUMENT SOFTWARE
5 FAQS ESTATE ATTORNEYS ASK ABOUT USING LEGAL DOCUMENT SOFTWARE With over 40% of Americans set to receive an inheritance, there are a lot of estates to manage across the US. In order to service a growing business and a growing population, productivity tools are making the process easier. Legal document software has been one of the […]
A Comprehensive Guide to Starting a Law Firm That Specializes in Estate Planning
A Comprehensive Guide to Starting a Law Firm That Specializes in Estate Planning As more than 60% of Americans still haven’t worked out the details of their will, the market for estate planning is massive. The only major challenge to starting a law firm is then to convince clients of the value of your services. […]
5 Things Clients Look for in Their Estate Planning Attorney
5 Things Clients Look for in Their Estate Planning Attorney As just about every living person who owns any property at all should have an estate, the fee that you can expect as an attorney is at least $1,500. To set up hundreds or thousands of these estates could be a lucrative part of your […]
MyLaw Course Library
Estate Planning Law Estate Planning 101: Different Types & Uses of Trusts The “Will Substitute,” Revocable Trusts: Different Functions Wills & Trusts Fulfill Designating IRA Beneficiaries & Using Trusts as Beneficiaries of IRA’s Gun Trusts & Estate Planning for Firearms Will Contests IRA Trust Strategies: Ensuring the Stretch Pre-Immigration Tax Planning: Considerations for Worldwide Income […]
Top 7 Challenges of Being a Lawyer and How to Overcome Them
Regardless of why you attended law school, you likely incurred some debt in order to do so. Analysts estimate the the average law student loan debt is in the low to mid six digits. That’s a huge price to pay to practice law. Given the amount you spent to obtain your law degree, you’d think […]
How Estate Lawyers Can Better Address Key Concerns with Technology
How Estate Lawyers Can Better Address Key Concerns with Technology Given that 40% of Americans will get some kind of inheritance, there’s lots of work out there for estate attorneys. However, if you’re working inefficiently or using old technology, you can’t address the concerns of your clients at the level you should be. Estate lawyers […]
Everything You Need to Know About Estate Planning Software
Everything You Need to Know About Estate Planning Software Given that 60% of Americans don’t have a will, you have to ask why they would be averse to taking this important step in planning their estate. While for some, it might be a matter of willful ignorance, for others it could just be that they […]
7 Overlooked Risks of a DIY Will
7 Overlooked Risks of a DIY Will As a lawyer, you may have a potential client who is trying to decide whether or not to draft their will without your assistance. According to a survey by Caring.com, 6 out of 10 Americans do not have a will or living trust. Forty-seven percent of respondents said that […]
