Author Archives: Parks & Jones

Since the Tax Cuts and Jobs Act was implemented, there is an even greater incentive for donors to consider whether their planned giving will have an immediate or future benefit. When structuring your charitable giving plan, speak with your Springfield estate planning lawyer about these five giving options to minimize your tax obligations. Donor-Advised Fund […]

As a business owner getting ready to retire, you may be wondering what will happen to your business now that you’re not interested in being involved in the day-to-day. There are a variety of options for transferring ownership of your business, and an experienced Springfield business lawyer can help you explore your options. Below, we […]

While the world is still reeling from a global pandemic, the real estate market has become quite unpredictable: Many markets across the United States are seeing supply slow to a trickle, while the demand has become so high that homes are being sold for well over their asking price. While most agree that this trend […]

Also known as a Transfer on Death deed, a beneficiary deed is a particular type of deed that can be used to transfer ownership of real estate outside the reach of a probate court. Typically used in transactions like reverse mortgages, the beneficiary deed grants an interest in real property to a beneficiary at the […]

If you’re thinking about creating a plan for how your estate should be handled, then you’re probably wondering whether you should create a will or a trust as part of your estate plan. While there are some definite benefits to creating a trust over a will, the types of trusts available – namely, revocable versus […]

Families with special needs children need to take extra care when making plans for their estate. When the parents of special needs children are no longer around to care for their son or daughter, their estates must play the role of enhancing and enriching their children’s life. From enrolling in essential public benefits like Medicaid […]

While obtaining a simple power of attorney isn’t necessarily difficult to do, it does require consideration of what’s best for you and your family. Working with a knowledgeable Springfield power of attorney elder lawyer is a sound approach for ensuring that all of your goals for obtaining a power of attorney are met and that […]