by Durham Law Firm | May 26, 2020 | Estate Planning, HWH Updates
Revocable Trusts have grown in popularity. They provide a lot of things that other estate planning tools do not – control, privacy, and streamlining. While trust planning was a critical component of an estate plan when the estate tax threshold was much lower, now the...
by Durham Law Firm | Feb 4, 2020 | Estate Planning
On December 19th, 2019, the SECURE Act was passed for the purpose of bolstering retirement savings and became effective as of January 1, 2020. Among other things, this one-hundred thirty-page document gave more buoyancy to certain types of savings accounts that focus...
by Durham Law Firm | Jul 26, 2019 | Estate Planning
In May, the United States House of Representatives passed the “Setting Every Community Up for Retirement Enhancement Act”, otherwise known as the SECURE Act, with an overwhelming majority vote of 417-3. The bill is currently in the Senate, and if the President should...
by Durham Law Firm | Nov 30, 2017 | Estate Planning, Probate
The estate of someone who’s passed away is adjudicated in probate court. The will and other documents are entered into the record. The executor goes through the process of identifying the creditor with a claim against the estate. Before any assets distributed to the...
