Dallas Elder Law Attorney

WHAT CAN GO WRONG WHEN YOU DON'T PLAN FOR YOUR ESTATE | 1.2.21 by Michael Cohen

Many trusts indicate that the trustee is entitled to “reasonable compensation”.  Also, unless the terms of the trust provide otherwise, the trustee is entitled to “reasonable compensation” from the trust for acting as trustee under Texas law but there is no guidance as to “reasonable compensation”.

Tune in where Michael talks about how a Ladybird deed is usually better than a transfer of death deed.

Join Michael for this weeks podcast where he talks about changes in the law regarding charitable giving for year 2020 due to the CARES act (due to the pandemic), gifting of appreciated assets to charity to avoid capital gains tax, gifting limits annually and during lifetime, and penalties for gifting within a loopback period if applying for public benefits such as Medicaid.

Micheal discusses that the Executor’s duties in handling the claims of creditors, notices that must be given and a permissive notice in addition to sometimes beneficiaries are protected if there is beneficiary designation (and sometimes they are not) , how to handle credit card liabilities, which student loans are forgiven and some that are not, in addition to the responsibility of a spouse of pay...

Lets talk about what you should think about when it comes to Estate Planning going into 2021.

President-elect Biden has suggested various changes in tax laws to help achieve his legislative agenda.  Although 2 Senate seats in Georgia have yet to be decided which could make a difference in likelihood of success in achieving the goals of the President-elect, the following podcast touches on a few of the tax changes that could occur.

While the loss of a loved one may be emotionally devastating, the tasks to accomplish after one dies could be overwhelming. As a result, we have compiled a checklist of some of the important things to consider.

Check out Michael's new podcast where he touches on the differences between transfer on death deeds and lady bird deeds.

It is not unusual for family members to fight over personal property items of value but Michael talks about the seven ways to avoid the ongoing argument.

Although you would think the rich and famous would be the last to make estate planning errors, but they make mistakes (from which we can learn) like others. Here are some celebrity estate planning mistakes.

Today's Estate Planning Essential from Dallas Elder Lawyer Michael B. Cohen is all about the extras that go into the financial power of attorney.

This week's Estate Planning Essential from Michael B. Cohen outlines the biggest mistakes that people make regarding their wills.

Listen to Michael B. Cohen discuss the 8 different trusts that may be within a specific trust or will.

Listen to Michael B. Cohen discuss what steps you may need to take to design your estate plan.

Michael B. Cohen discusses estate planning after a divorce.

Listen to Michael B. Chen discuss the 7 ways to avoid estate planning mistakes.

Listen to Michael B. Cohen discuss the top 16 ways to avoid guardianship of someone's estate (in the chance of disability, etc).

Listen to Michael B. Cohen discuss his tips for protecting a minor child with an estate plan.

Listen to Michael B. Cohen give his top 8 tips for discussing end of life and estate planning with your elderly parent.

Listen to Michael B. Cohen discuss different kinds of trusts and how to decide if you need a beneficiary.

Listen to Michael B. Cohen discuss your frequently asked questions on probate. Learn more here: https://www.dallaselderlawyer.com/faqs/#probate

Listen to Michael B. Cohen discuss 10 situations you need to be aware of if you are receiving assets.

Listen to the Dallas Elder Lawyer, Michael Cohen, discuss the complicated estate agreement of The Godfather of Soul, James Brown.

Listen to Michael B. Cohen discuss how $1.4 billion dollars worth of stimulus checks were sent to people who are deceased.