Leaving an IRA to a Special Needs Trust Is No Longer Such a Bad Idea
The SECURE Act, passed at the end of 2019, changed a number of rules regarding inherited IRAs, making it more difficult for most...
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Law Office of
Eric M. Kearney, LLC
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erickearney
- Jul 1, 2021
- 3 min
Why Everyone Should Have an Estate Plan
Do you have a will? A durable power of attorney? A health care directive? If so, no reason to read on. If not, why not? Failure to create...
59 views0 comments
erickearney
- Jun 8, 2021
- 3 min
How an Irrevocable Life Insurance Trust Can Be Used to Avoid or Reduce the Estate Tax
With the federal estate tax exemption possibly about to be lowered, it may be time to think about steps you can take to keep your estate...
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erickearney
- Jun 2, 2021
- 2 min
Court Case Illustrates the Danger of Using an Online Power of Attorney Form
A recent court case involving a power of attorney demonstrates the problem with using online estate planning forms instead of hiring an...
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erickearney
- Apr 16, 2021
- 3 min
9 Potential Problems with Your Trust
All trusts should be reviewed every few years to make sure that they are up-to-date with the law and meet your current goals. Following...
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erickearney
- Apr 6, 2021
- 2 min
The Durable Power of Attorney: Your Most Important Estate Planning Document
For most people, the durable power of attorney is the most important estate planning instrument available -- even more useful than a...
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erickearney
- Feb 1, 2021
- 3 min
Married Couples Need an Estate Plan
Don’t assume your estate will automatically go to your spouse when you die. If you don’t have an estate plan, your spouse may have to...
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erickearney
- Sep 2, 2020
- 3 min
When Should You Update Your Estate Plan?
Once you've created an estate plan, it is important to keep it up to date. You will need to revisit your plan after certain key life...
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erickearney
- Apr 1, 2020
- 3 min
Coronavirus Provides Reasons to Review Your Estate Plan
The coronavirus health emergency is a reminder that life is unpredictable, and it makes sense to be prepared.
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erickearney
- Mar 2, 2020
- 2 min
Resolving Conflicts Between Co-Agents on a Power of Attorney
Thoughts on resolving conflicts between co-agents
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erickearney
- Feb 14, 2020
- 1 min
Talking with Parents About Retirement
Here is a great article in the NYT about having that difficult conversation with your parents about whether they are ready for...
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Eric Kearney
- Jan 2, 2020
- 3 min
Differences Between a Living Trust and an Irrevocable Trust
You may be thinking about setting up a trust to protect your assets, save on estate taxes, or perhaps set aside money for a special needs...
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erickearney
- Nov 12, 2019
- 3 min
Five Important Estate Planning Documents
Here are five estate planning documents that you should consider having so that your plans are made in advance and so your family can help y
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Eric Kearney
- Jun 5, 2019
- 3 min
Power of Attorney Documents that Lessen the Chance of Abuse
A POA is one of the most important estate planning documents you can create, but it is also one that can be misused. Read on for ideas to he
47 views0 comments
Eric Kearney
- Apr 10, 2019
- 3 min
IRA Distributions to Special Needs Trusts - Minimizing Income Taxes
For many parents, the majority of their savings is held in some kind of a retirement account, often an Individual Retirement Account...
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erickearney
- Apr 10, 2019
- 2 min
Create a Power of Attorney Before It's Too Late
Many people are interested in having a will, but they overlook the power of attorney document which can have a significant impact on their f
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Eric Kearney
- Mar 24, 2019
- 3 min
If You Haven’t Been Regularly Reviewing Your Estate Plan, Start When You Hit 60
When should you review your estate plan. Every five years? More, or less frequently? Here is a guide.
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erickearney
- Mar 8, 2019
- 3 min
Things to do when your child turns 18
If your child has reached the teenage years, you may already feel as though you are losing control of her life. This is legally true once...
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