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Category: Estate Planning

What Happens to Your Pet When You Die?

March 4, 2014
Your dog is more than just an animal that lives in your home. He is a family member. A companion. A friend. And like a child, your pet relies on you for food, shelter, and happiness . . . But what happens to your pet when you...

How to Reduce Income Taxes

February 14, 2014
When your beneficiary inherits your tax-deferred retirement plan (whether it’s a 401(k), IRA, 403(b), or SEP) after you pass away, they are required to pay taxes on all the money they receive. These taxes, which could...

Gun Transfer After Death

January 31, 2014
Do you own guns? Whether you have one, two, or a whole collection, it is important that you learn about gun transfer after death. If the gun (or guns) is not transferred properly, your beneficiaries could end up facing state...

Estate Planning Administration

January 28, 2014
Eventually every Estate Plan requires administration. What is administration in the context of an estate plan? To put it simply, it is the process that occurs after someone has passed. Many people neglect to prepare for their...

What Is Estate Planning?

January 14, 2014
At LifeGen Law Group, estate planning is a large part of what we do. But what is estate planning? In this post, we’ll answer some of the most common questions we get. Does everyone have an “Estate”? You are...

Paying for a Nursing Home

January 9, 2014
Did you know that the average cost of one year in a nursing home is $83,000? That’s nearly $7,000 a month! Paying for a nursing home can be very difficult, especially if your long-term care insurance is cost-prohibitive...

The Right of Sepulchre

January 6, 2014
Have you ever thought about what will happen to your body and remains after you die? It’s an uncomfortable thing to picture, I realize, but it’s also very important. After your death, someone in your life will...