Downs Law Firm, P.C.

Estate Planning Lawyer

What Does an Estate Planning Lawyer Really Do?

Estate planning is a systematic process, which involves getting your personal and financial goals for the time you pass away or become mentally incapacitated. It is also known as a last will, and almost everyone does this planning for their family.

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trust beneficiary pays income taxes

Does a Trust Beneficiary Pay Income Taxes?

Beneficiaries of a trust typically pay taxes on the distributions they receive from the trust’s income rather than the trust itself paying the tax. However, such beneficiaries are not subject to taxes on distributions from the trust’s principal.

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Sharing passwords

Sharing Legal Documents and Passwords

Safe and shareable password storage is vital in today’s computerized world. The old solution–writing down passwords on paper set next to your keyboard–is not safe, not adequate, and not shareable.

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Basic estate planning tools

Four Basic Estate Planning Tools

It was reported on the news recently that some of Aretha Franklin’s family members have found what they believe to be her will. It was handwritten, stained, and crumpled up in a couch. The courts may or may not choose to honor it, depending on whether or not they are able to verify its authenticity.

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