By Lane V. Erickson, Attorney Probate in Idaho is a relatively simple and straightforward process. We’re fortunate to live here in Idaho and to have Idaho’s estate planning and probate laws. In many states both estate planning and probate are complex, take a long time, and can be very costly.…
Articles Posted in Estate Planning
Insurance Considerations When Transferring Property Into Trust
By Matthew P. Stucki There are numerous reasons why an individual would select a living trust as the vehicle to deal with the distribution of his or her property upon death. A living trust is set up to allow the owner of the property to transfer said property into the…
6 Estate Planning Resolutions You Should Make for 2017
By Lane V. Erickson, Attorney A new year is always a wonderful opportunity to determine what steps you need to take to protect yourself and your family through your Idaho estate planning. Each year brings change, and our lives and in the lives of those around us. Whether we like…
TWO TASKS YOUR ESTATE PLANNING ATTORNEY CANNOT PERFORM
By Nathan R. Palmer Most of our Idaho clients hire us to draft three basic estate planning documents: (1) a will or trust; (2) a power of attorney for health care; and (3) a power of attorney for financial affairs. Walking out of our office with those three documents does…
Estate Planning Family Meetings
By Nathan R. Palmer A basic estate plan includes a will (or a trust), power of attorney for financial affairs, and power of attorney for health care. One of the most crucial elements of any estate plan is the person, or people, you choose to act on your behalf. How…
3 Reasons Why Estate Planning is Affordable
By Lane V. Erickson, Attorney I have been an attorney now for nearly 20 years. Whenever I am introduced to new people it is common for them to ask what I do for a living. When I let them know that I am an attorney this leads to the next…
4 Things to Consider When Naming a Trustee to Your Trust
By Lane V. Erickson, Attorney Many people consider creating a trust as part of their Idaho estate plan to help them in distributing their property to their loved ones. A trust is a way for an individual to protect their property and yet be able to avoid the cost and…
3 Reasons to Update Your Estate Planning
By Lane V. Erickson, Attorney The one thing that we can count on in our lives is that things will change. Given a few years our lives may look drastically different than they did before. This is normal, and natural, but when it comes to estate planning it can cause…
3 Ways Your Estate Planning Helps You While You Are Alive
By Lane V. Erickson, Attorney Most people’s ideas about estate planning are just plain wrong. For instance, and most of my conversations with individuals about estate planning I learned that most people believe that estate planning has to do with how your property gets distributed upon your death. Well it’s…
3 Most Common Assets in an Estate Plan
By Lane V. Erickson, Attorney In the course of my practice I often represent individuals who are named as Personal Representatives in the probate of a loved one. As I work with Personal Representatives one of the things I help with is determining the assets that belong to the decedent…