Probate Attorney Blog

Happy Sunday! This is week two of our ILIT (irrevocable life insurance trust) deep dive. As I’m sure you remember, an ILIT basically works like this: 1. The grantor creates an ILIT (they cannot be the trustee (manager) or beneficiary of the trust); 2. If a life insurance policy exists it is moved into the trust; if one does not exist, the Trustee applies for a policy on the grantor – the ILIT is the beneficiary; 3. The Trustee opens…

How is separate property divided in probate? At CMS Law Firm we do estate planning, we do it well, and we’d love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that’s easy to do. Just click the link and set up a time for your free strategy session – https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon!

Do we have notaries at the firm? At CMS Law Firm we do estate planning, we do it well, and we’d love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that’s easy to do. Just click the link and set up a time for your free strategy session – https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon!

Estate taxes. Everyone wants to have enough money to have to pay them, and everyone wants to avoid them. Well, today you’re in luck. I’m going to teach you about one way to effectively pay no estate tax. Why “effectively”? Because you’re not technically going to pay zero estate tax. But it will be something like a 95% discount. What vehicle am I talking about to do this? The Irrevocable Life Insurance Trust (ILIT for short, as in eye-lit). Today…

Trust question – put both spouses’ names on it or just one? At CMS Law Firm we do estate planning, we do it well, and we’d love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that’s easy to do. Just click the link and set up a time for your free strategy session – https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon!

Since I’m kind of killing time before I get into November’s deep dive into irrevocable life insurance trusts, I thought I’d open up a little and tell you what this firm is all about. Because I didn’t choose estate planning and probate casually. I didn’t stumble into it. It was a VERY intentional choice. And today I’m going to tell you a little about that. First things first, estate planning and probate wasn’t the first thing I did as a…

Real estate – what happens if property owners can’t agree to sell or not? At CMS Law Firm we do estate planning, we do it well, and we’d love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that’s easy to do. Just click the link and set up a time for your free strategy session – https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon!