Downs Law Firm, P.C.
Many people are taking this time at home during the COVID-19 crisis to update their estate plan. Here are six critical estate plan components you should focus on in light of the current pandemic.
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.
A trust can be a vital component in an estate plan.
Do I file 2018 tax returns for my father? He passed away in October 2018.
The question becomes, should they name a trust rather than an individual as a beneficiary of the IRA?
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