Recent Posts in Estate Planning

• Posted By Thies & Lihn, PLLC 31-Jul-2017

  Essential Documents for Senior Citizens

  When it comes to preparing for the future, every senior should take the time to create several essential documents. These necessary documents will protect you near the end of your life and will ensure that your desires remain clear even after you ...

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• Posted By Thies & Lihn, PLLC 13-Jul-2017

  Estate Planning Documents: What to Update After Divorce

  If you are going through a divorce, you will have a number of things to deal with, including your estate plans. If you have created an estate plan with your soon-to-be ex, you will need to take steps to remove them from your plan. An experienced ...

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• Posted By Thies & Lihn, PLLC 29-Jun-2017

  Do I Need a Will If I Have a Trust?

  When it comes to preparing for your future, you may not know where to begin. Everyone wants to pass their assets on to their loved ones quickly and with as little pressure or trouble as possible, but many people don’t know what it will take for ...

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• Posted By Thies & Lihn, PLLC 21-Jun-2017

  What Happens if I Don't Leave a Will?

  While every individual should have a will, many people do not. If you haven’t created a will or other plan for your estate after your death, your estate may not go to the people you intended. Instead, your estate will be divided according to ...

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• Posted By Thies & Lihn, PLLC 7-Jun-2017

  Getting Started on End of Life Planning

  Throughout our lives, we make many plans. We plan our education, our careers, the purchase of homes, raising a family, and for retirement. Often many people forget to plan one very important aspect of their lives—the end of their life. Maybe it ...

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• Posted By Thies & Lihn, PLLC 27-Apr-2017

  How to Choose an Executor for Your Estate

  An executor is in charge of your estate after your passing, and they serve to honor the terms of your will and final wishes. Often, people ask family members such as children or spouses to serve as an executor, but this may not always be the best ...

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• Posted By Thies & Lihn, PLLC 5-Apr-2017

  Where Should I Store My Will?

  Your will is critical for your loved ones to locate after your passing. If you haven’t left clear directions for it to be found, however, your family may struggle to wrap up your estate and get through the probate process. Your will is vital ...

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• Posted By Thies & Lihn, PLLC 2-Mar-2017

  What Not to Include in a Will

  A will is essential to ensuring that your assets and possessions are passed to your loved ones as you intended. Not everything can be handled by your will or is even appropriate to include. Learn more about what you shouldn’t include in your ...

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• Posted By Thies & Lihn, PLLC 27-Feb-2017

  Signs Your Family May Fight Over Your Estate

  You may think you know your family well – but the death of a loved one often brings out the worst in people. When you are creating an estate plan, you should always account for potential conflicts and disputes between your family members. In ...

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• Posted By Thies & Lihn, PLLC 20-Feb-2017

  Minimizing Estate & Family Disputes

  Everyone should have a plan in place to not only help provide financially for their loved ones, but to also minimize family disputes and preserve harmony. The last thing you want is for your children to fight over your inheritance, which can cause ...

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• Posted By Thies & Lihn, PLLC 13-Feb-2017

  When Should I Update My Estate Plan?

  Having a comprehensive estate plan can provide essential protections for you and offer a sense of reassurance. However, having an outdated or invalid estate plan can potentially undo all of these protections. Estate planning is an ongoing process, ...

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• Posted By Thies & Lihn, PLLC 6-Feb-2017

  Why Everyone Needs an Estate Plan

  Blog : There is a common misconception that estate planning is only for the rich and famous. This is far from the truth. Estate planning can provide many benefits for individuals and their families, regardless of wealth, age, and whether or not you ...

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• Posted By Thies & Lihn, PLLC 20-Jan-2017

  How Estate Planning Can Avoid Family Feuds

  When most people plan for the future and go through the estate planning process, they think how their will or trust can avoid probate or minimize taxes. These are good things to think about, but you should also consider how your estate will impact ...

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• Posted By Thies & Lihn, PLLC 23-Nov-2016

  Planning For Your Care

  Planning for your care or the care of a loved one can be daunting. Between complicated Medicaid and estate planning laws and the spread of misinformation, it's hard to find the simple truth of which benefits you're entitled to receive, ...

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• Posted By Thies & Lihn, PLLC 8-Nov-2016

  Understanding Types of Trusts

  Trusts are an important component in planning for the future of your estate. There are many types of trusts including revocable trusts, irrevocable trusts, special needs trusts, spendthrift trusts, discretionary trusts and fixed trusts, all having ...

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