By Lane V. Erickson, Idaho Estate Planning Attorney The statistics are alarming! According to a recent survey 92% of adults under the age of 36 do not have a Will or any other type of estate planning document completed. Millennials, whose ages range from about 20 to about 36 years…
Articles Posted in Estate Planning
IDAHO ESTATE PLANNING FOR NEWLYWEDS
By Lane V. Erickson, Idaho Estate Planning Attorney It’s fantastic that you were recently married! Congratulations! You have begun a chapter in your life that will be both rewarding and full of new adventures. Getting married is also one of the signs that you have matured and have become a…
IDAHO ESTATE PLANNING: WHAT IF MY CHILDREN DIE BEFORE ME?
By Lane V. Erickson, Idaho Estate Planning Attorney As a part of my Idaho estate planning practice over the last 20 years I meet with clients to discuss their questions and concerns about either creating an estate plan for them or how the estate plan that they have actually works.…
3 THINGS TO KNOW ABOUT SPENDING YOUR KID’S INHERITANCE
By Lane V. Erickson, Idaho Estate Planning Attorney So you’ve worked hard your entire life and have put together a pretty good retirement plan for yourself. Your house is paid off, your cars are free and clear of any debts, and your investment and bank accounts are bulging. In your…
TOMS v. DAVIES – WHAT CONSTITUTES A VALID WILL IN IDAHO
By Lane V. Erickson, Idaho Estate Planning Attorney Many times in my nearly 20-year career as a Idaho estate planning attorney I’ve had clients come to me and talk with me about how they can create a valid last will and testament in Idaho. During many of these meetings clients…
LEAVING AN INHERITANCE FOR YOUR CHILDREN
By Lane V. Erickson, Idaho Estate Planning Attorney When it comes to Idaho estate planning we all tend to get into that Norman Rockwell state of mind from time to time, where everything is perfect and we are able to leave a sizeable inheritance to our children. But then reality…
CAN I DISINHERIT SOMEONE IN IDAHO
By Lane V. Erickson, Idaho Estate Planning Attorney In working as an estate planning attorney for nearly 20 years I have had numerous clients come to me who want to disinherit an individual from their estate. Idaho law allows an individual to disinherit others from their estate if they choose…
THE 4 BEST ESTATE PLANNING TIPS I EVER RECEIVED
By Lane V. Erickson, Idaho Estate Planning Attorney During my 20 years of experience in helping my clients complete their estate planning I often have unusual and interesting conversations with them. Several weeks ago I decided to ask my clients one simple question. The answers from the question that I…
YOUR FAMILY DOES NOT KNOW WHAT YOU WANT
By Lane V. Erickson, Idaho Estate Planning Attorney We’ve all been there. It’s something that seems to happen to me quite often. That is I will meet someone new and they will ask me what I do for a living. After I explained that I have been an estate planning…
3 ESTATE PLANNING LESSONS TO LEARN FROM THE MUSICIAN PRINCE
By Lane V. Erickson, Idaho Estate Planning Attorney After working as a estate planning attorney for nearly 20 years it has become clear to me that we can often learn great lessons from famous people. We are nearing the second anniversary of the death of the musician Prince who died…