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Month: March 2022

Joint Pour-Over Trust Kierman Law
Estate Planning / Trust Administration

Myths and Frequently Asked Questions: Planning with a Joint Pour-Over Trust

Myth #1: Because we are married, we must use a joint trust. When considering a trust-based estate plan, which has benefits such as privacy and probate avoidance, you and your …

Life Insurance Kierman Law
Estate Planning

What You Should Know About Life Insurance

Part of protecting your loved ones when you pass away is making sure that you have a proper estate plan in place. Another aspect is making sure that the right …

Home Ownership Deeds Kierman Law
Estate Planning

Untangling Tangled Titles: Home Ownership, Property Deeds, and Estate Planning

Do You Really Own the Home You Live in? If you are currently living in a property that you inherited but the deed has not been transferred into your name, …

Football Player Kierman Law
Estate Planning / Power of Attorney

Protecting the New Athletic Superstars

It is a new era for college student athletes, who can now (as of July 1, 2021) profit from their name, image, and likeness (NIL). A change to the long-standing …

S Corporation Kierman Law
Business Planning

What You Need to Know about S Corporations

S corporation status is one of several tax classifications that you may be able to elect for your enterprise. For C corporations and limited liability companies (LLCs) that qualify, S …

Common Trust Kierman Law
Estate Planning / Trust Administration

Common Trusts: Parenting Beyond the Grave

Parents strive to make their children feel equally valued as reflected in the fact that, when setting up an estate plan, parents typically divide their accounts and property equally among …

Employee Compensation considerations Kierman Law
Business Planning

Considerations for Paying Employees: What to Know about Setting Wages and Salaries

You cannot successfully run your business without good employees. And you cannot find good employees without offering them competitive pay. Employee compensation is more than an expense—it is an investment …

Springing Financial Power of Attorney Kierman Law
Estate Planning / Power of Attorney

Springing Financial Powers of Attorney

Estate planning is about more than preparing for the inevitable. A good estate plan should also consider the unexpected. Your plan may have detailed instructions for what happens when you …

Slayer Statutes Kierman Law
Estate Planning / Trust Administration

Slayer Statutes: Preventing Killers from Profiting from Their Crimes

Most states have laws that prevent someone who has intentionally killed another individual from being able to inherit any property from their victim.[1] In general, these laws are referred to …

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