Ruberg Law mourns the loss of Supreme Court Justice Ruth Bader Ginsburg (March 15, 1933-September 18, 2020). Her accomplishments and contributions to the United States are numerous.
We couldn't resist this article - What the Netflix Series ๐๐ช๐จ๐ฆ๐ณ ๐๐ช๐ฏ๐จ
Can Teach You About Estate Planning! ๐คฃ๐ฏ
https://www.ruberglaw.com/blog/2020/08/tiger_king_1/
#tigerking #netflix #estateplan #legacy #family
Weโd like to ๐๐ง๐๐๐-๐ก๐ฎ interrupt your afternoon to sayโฆ
๐๐๐ฃ๐ฃ๐ฌ ๐ก๐๐ง๐๐ข๐ก๐๐ ๐จ๐ก๐๐๐ฅ๐ช๐๐๐ฅ ๐๐๐ฌ!
As your friends and estate planning attorneys, weโd like to remind you of the importance of being โ๏ธ fully covered โ๏ธ โ and we donโt mean just your clothing.
If you have any minors at home, it is our honor to educate, protect, and ensure your plans are done right in the way that you want.
So on this day (and, well, every day), we love giving away copies of the best-selling book โ โWear Clean Underwear!โ โ to help give families peace of mind and simple steps to follow to protect their children. ๐จโ๐จโ๐งโ๐ฆ
๐ Receive your copy here: https://nkyleaps.wcubook.com/
๐ข๐ ๐๐๐๐๐ก๐๐ซ๐ฌ & ๐
๐๐ฆ๐ข๐ฅ๐ข๐๐ฌ!! (Please share)
Weโre seeing a lot of concern around re-opening our schools next month, including the risks to teachers and their families. And weโre being tagged in posts to help with preparing them with Wills, Trusts, Health Care Directives, POAs, etc. (thank you for thinking of us) and want to share some info and resources here.
Our law firm is offering specials for ๐ ๐ญ๐๐๐๐ก๐๐ซ๐ฌ right now as part of โBack to Schoolโ preparations.
Getting proper Estate Planning done is really important. Even if you have done some planning and have documents in place, contact us for a ๐ณ๐ฟ๐ฒ๐ฒ ๐ฟ๐ฒ๐๐ถ๐ฒ๐ ๐ผ๐ณ ๐๐ผ๐๐ฟ ๐ฝ๐น๐ฎ๐ป. (Be careful with form documents as they will not be comprehensive or complete, often providing a false sense of security.)
Weโre happy to help.
Feel free to reach out:
(859) 344-6742
Legacy@RubergLaw.com
Youโll get a complimentary Family Wealth Planning Session plus a discount on any Planning you decide to do.
This really is a scary, unprecedented time. We hope that you all stay safe and healthy. We especially appreciate our dedicated educators and the sacrifices they make on a โnormalโ basis, as this reality just seems so unreal.
๐ We love to work with teachers and their families to make sure they are properly protected. ๐
๐๐ฎโโ๏ธ FIRST RESPONDERS and Families!!๐๐ฉโ๐ (Please share)
Weโre facing unprecedented times, including calling our police officers into increasingly dangerous situations.
We have participated in Wills for First Responders over the years.๐
We want you to know: ๐๐ ๐๐ซ๐ ๐๐ฏ๐๐ข๐ฅ๐๐๐ฅ๐ ๐ญ๐จ ๐ก๐๐ฅ๐ฉ ๐๐ข๐ซ๐ฌ๐ญ ๐ซ๐๐ฌ๐ฉ๐จ๐ง๐๐๐ซ๐ฌ gain peace of mind by knowing they and their families will be protected if the unthinkable happens.
It would be our honor to prepare basic Wills, Health Care Directives, and Powers of Attorney at no cost to the first responders. Thank you for what you do! โฅ๏ธ
Our law firm offers more advanced planning for situations where folks need more than the basic documents listed above. Contact us to ask about our specials for first responders.
Getting proper Estate Planning done is really important. Even if you have done some planning and have documents in place, we recommend you check out this FREE BOOK offer (https://bit.ly/FreeWCU)!
From the book, you will gain a better understanding of the risks and how to effectively protect yourself and everything you love. (Be careful with form documents as they will not be comprehensive or complete, often providing a false sense of security.)
Weโre happy to help.
Feel free to reach out: (859) 344-6742
Legacy@RubergLaw.com
This really is a scary, unprecedented time.
We pray that you all stay safe and healthy.
We appreciate your dedication to our community and the sacrifices you make on a โnormalโ basis. And we especially appreciate you now, as things seem so unreal.
Stay safe!
With the craziness in the world today, it is of the utmost importance that you have good estate planning documents in place that meet your wishes and the needs of your family. We are here to help.
https://www.forbes.com/sites/halseyschreier/2020/03/02/the-importance-of-estate-planning/#54c936f96fe1
FORBES.COM
The Importance Of Estate Planning
No matter whom you are voting for on November 3rd, you should consider the potential legal, financial, and tax impacts the election might have on your familyโs planning. The Democrat economic agenda is focused on raising $4 Trillion of new revenue by increasing taxes on individuals.
You'll learn here (https://www.ruberglaw.com/blog/2020/10/start-planning-now-part1/), there are many reasons why you should start strategizing now. We outline the major ways the Democrats plan to change tax laws.
https://www.ruberglaw.com/blog/2020/10/start-planning-now-part1/
Did you just finish filing your 2019 income taxes? Well, now is the time to start thinking about your 2020 return.
Proactive tax planning is always a good idea; it is particularly important this year.
The CARES Act provides individual taxpayers with several ๐ฃ๐๐ฌ ๐ฉ๐๐ญ ๐๐ง๐๐๐ ๐จ, most of which will only be available this year.
Check out our latest blog article because the sooner you learn about the different forms of tax-savings available, the more time you will have to take advantage of them.
https://www.ruberglaw.com/blog/2020/09/6-changes-to-watch-for-in-your-2020-taxes/
HAPPY FRIDAY!!!
In connection with Estate Planning Awareness Week, we are posting misconceptions about Estate Planning once a day.
Here is Myth 3
Probate is the court process your estate will have to go through if you donโt have a proper plan - it is expensive, public, and slow - but it can be bypassed by planning ahead!
Check out our Blog articles: www.RubergLaw.com/blog
#EstatePlanningAwarenessWeek #NationalEstatePlanningAwarenessWeek #RubergLaw #NKYLawFirm #YourLawyerForLife #EstatePlanning #KidsProtectionPlanning #BusinessPlanning #LongtermCarePlanning #Family #AssetProtection #Legacy #TGIF
In connection with Estate Planning Awareness Week, we are posting misconceptions about Estate Planning once a day.
โจ Here is ๐๐ฎ๐ฉ๐ #2 โจ
Having an estate plan will provide for your care and benefit, among other things. It will also ensure that your wishes will be honored and that your loved ones will know exactly what to do in the event of your incapacitation or death.
If youโre wanting more info now, please check out our Blog articles: www.RubergLaw.com/blog.
#EstatePlanningAwarenessWeek #NationalEstatePlanningAwarenessWeek #RubergLaw #NKYLawFirm #YourLawyerForLife #EstatePlanning #KidsProtectionPlanning #BusinessPlanning #LongtermCarePlanning #Family #AssetProtection #Legacy
In connection with ๐๐จ๐ฉ๐๐ฉ๐ ๐๐ก๐๐ฃ๐ฃ๐๐ฃ๐ ๐ผ๐ฌ๐๐ง๐๐ฃ๐๐จ๐จ ๐๐๐๐ , we are posting misconceptions about Estate Planning once a day.
Hereโs the first misconception.
Stay tuned for more!
If youโre wanting more info now, please check out our Blog articles: www.RubergLaw.com/blog
#EstatePlanningAwarenessWeek #NationalEstatePlanningAwarenessWeek #RubergLaw #NKYLawFirm #YourLawyerForLife #EstatePlanning #KidsProtectionPlanning #BusinessPlanning #LongtermCarePlanning #Family #AssetProtection #Legacy
As we promised last week, here is our 2nd installment in our series about what to consider and how to start planning now in case of a Democrat win next month.
Youโll learn here (https://www.ruberglaw.com/blog/2020/10/start-planning-now-part2/), there are many reasons why you should start strategizing now.
Regarding financial, tax, and estate planning, the Democrats are promising radical changes to the tax landscape, which could seriously impact your planning priorities.
So no matter whom you are voting for on November 3rd, you should consider the potential legal, financial, and tax impacts the election might have on your familyโs planning. The Democrat economic plan is focused on raising $4 Trillion of new revenue by increasing taxes on individuals.
https://www.ruberglaw.com/blog/2020/10/start-planning-now-part2/
๐ช ๐ข๐ฐ๐๐ผ๐ฏ๐ฒ๐ฟ ๐ญ๐ต๐๐ต-๐ฎ๐ฑ๐๐ต ๐ฎ๐ฌ๐ฎ๐ฌ, ๐ถ๐ ๐ก๐ฎ๐๐ถ๐ผ๐ป๐ฎ๐น ๐๐๐๐ฎ๐๐ฒ ๐ฃ๐น๐ฎ๐ป๐ป๐ถ๐ป๐ด ๐๐๐ฎ๐ฟ๐ฒ๐ป๐ฒ๐๐ ๐ช๐ฒ๐ฒ๐ธ! ๐ช
If youโve been thinking about creating an estate plan but still havenโt checked it off your to-do list, now is the perfect time to get it done.
https://www.ruberglaw.com/blog/2020/10/4-reasons-why-you-cannot-afford-to-go-without-an-estate-plan/
Check out our latest blog post to see just why it is so important and how facing your fears now may give you complete แดแดแดแดแด แด๊ฐ แดษชษดแด
. ๐๏ธ
The saga continues. Prince died without a Will, creating one of the largest and most complex probate court proceedings in history.
It's been nearly five years since Prince died. Now the IRS has said the administrators undervalued Prince's estate by nearly half, which creates another $32M federal tax bill!
https://abcnews.go.com/Entertainment/wireStory/irs-executors-undervalued-princes-estate-50-75023849
ABCNEWS.GO.COM
IRS says executors undervalued Prince's estate by 50%
As we embark on 2021, make estate planning a priority.
https://www.businessinsider.com/estate-planning-strategies
BUSINESSINSIDER.COM
5 strategies for estate planning to get you started protecting your family and funds
VIRTUAL ASSETS SHOULD BE PART OF YOUR ESTATE PLANNING -
Are your digital accounts, including photos and memories, secure if something happens to you? Often people overlook digital assets during their estate planning. Digital assets encompass social media accounts, online media accounts, and cloud storage which typically include photos and important scanned documents.
It is important to consider all of these in your estate plan and provide your executor with the ability to manage these accounts.
Take time to prepare an inventory of your online accounts and passwords. Place a copy of this inventory with your estate planning and other important documents. You might consider a master password keeper (Dashlane or Lastpass) and leave the master password with your estate planning documents such that your executor can easily access these accounts when needed.
Social media accounts continue to be active even after a personโs death. When left unchecked, those accounts can become vulnerable to hackers and even identity theft. Some social media companies allow the user to designate a legacy contact (Facebook, Instagram) โ an individual designated to manage your account after death. Others deactivate accounts after the executor provides proof of death (Twitter, Pinterest). Still others have their own set of rules. Please check with each company to find out what requirements they have.
Online media accounts include streaming services (Netflix, Hulu, Disney+) and gaming services like Xbox do not consider movies, books, and games transferrable upon death. When you purchase online, you are merely purchasing a license to use the move, book, or game rather than owning it.
Online storage accounts are a great way to store photos, genealogical material, and important documents. However, once notified of your death, these accounts are generally shut down and your cherished memories and memorabilia are lost forever. It is important to maintain a hard drive or other storage backup for these items as well.
The Uniform Fiduciary Access to Digital Assets Act of 2014 provides fiduciaries with guidance in managing digital accounts. Consult your Ruberg Law, PLLC to learn how this Act affects your digital assets.
https://www.ruberglaw.com/blog/2020/11/remarrying-in-midlife-avoid-accidently-disinheriting-your-loved-ones/
Today, weโre seeing more and more people getting divorced in middle age and beyond.
In fact, roughly one in four divorces is a โGray Divorce."
Those who get remarried often bring one or more children from previous marriages into the new union, which gives rise to an increasing number of blended families.
Check out our Blog Post where we use three different hypothetical scenarios to discuss how a failure to update your estate plan after a midlife remarriage has the potential to accidentally disinherit your closest family members, as well as deplete your assets down to virtually nothing.
And if you have a blended family or are in the process of merging two families into one, contact us today to discuss all of your options.
Ruberg Law appreciates the sacrifices of the brave men and women in our armed forces, past and present, on this Veteran's Day and every day.
Going through a divorce can be an overwhelming experience that impacts nearly every facet of your life, including estate planning. Yet, with so much to deal with during the divorce process, many people forget to update their plan.
First off, you need to update your estate plan, not only after your divorce is final, but ๐๐จ ๐จ๐ค๐ค๐ฃ ๐๐จ ๐ฎ๐ค๐ช ๐ ๐ฃ๐ค๐ฌ ๐ ๐จ๐ฅ๐ก๐๐ฉ ๐๐จ ๐๐ฃ๐๐ซ๐๐ฉ๐๐๐ก๐.
Hereโs why: until your divorce is final, your marriage is legally in full effect. If you die or become incapacitated while your divorce is ongoing, your soon-to-be ex-spouse could end up with complete control over your life and assets. And thatโs generally not a good idea, nor what you would want.
Read our latest blog post for more information.
https://www.ruberglaw.com/blog/2020/11/getting-divorced-part-1/
Please reach out to us if you have any questions. And if you know someone who can use this information, please share our post!
Our new Blog Post is up!
A combination of expected new legislation and the recent change of leadership in D.C. stands to dramatically increase the income taxes on your taxable investments and the taxes your loved ones will have to pay on inherited retirement accounts.
Check out our article here: https://www.ruberglaw.com/blog/2021/02/new-developments-transform-the-role-life-insurance-plays-in-your-estate-and-financial-planning/
#taxes #estateplanning
If you own a business, you almost certainly have intellectual property. But it often gets overlooked, especially when it comes to estate planning.
https://www.ruberglaw.com/blog/2021/02/does-your-estate-plan-protect-your-intellectual-property/
Intellectual property is creations of the mind, including inventions, literary and artistic works, designs, logos, brand names, and images, all of which are used in the course of a business.
Read our blog post to find out how we can support you in documenting, valuing, and protecting your intellectual property, so your loved ones can benefit from these creations for generations to come.
https://www.ruberglaw.com/blog/2021/02/does-your-estate-plan-protect-your-intellectual-property/
Potential impact on estate taxes under President Biden --
https://money.usnews.com/financial-advisors/articles/financial-advisors-eye-bidens-plan-for-estate-taxes
FORBES.COM
What Does A Biden White House Mean For Estate Taxes?
RUBERGLAW.COM
Crestview Hills Estate Planning Attorney | Probate
With the elderly population booming, there has been a surge in demand for long-term care services, which has led to a marked increase in such policies' cost. At the same time, many insurers have been cutting back on the benefits their policies offer.
Check out our latest blog article: ๐๐๐๐ฉ ๐๐ค๐ช ๐๐๐ค๐ช๐ก๐ ๐๐ฃ๐ค๐ฌ ๐ผ๐๐ค๐ช๐ฉ ๐๐ค๐ฃ๐-๐๐๐ง๐ข ๐พ๐๐ง๐ ๐๐ฃ๐จ๐ช๐ง๐๐ฃ๐๐
https://www.ruberglaw.com/blog/2021/01/what-you-should-know-about-long-term-care-insurance/
