By Lane V. Erickson, Attorney Let’s assume you have been vigilant in completing your estate planning. You have your Last Will and Testament in place and it includes specific gifts that you are leaving for specific people. You have a boat that your Last Will and Testament leaves to your…
By Lane V. Erickson, Attorney In Idaho, “[a]ny emancipated minor or any person eighteen (18) or more years of age who is of sound mind may make a will.” Idaho Code 15-2-501. When determining whether a person is of sound mind, Idaho Courts have stated: Accordingly, a testator must have…
By Lane V. Erickson, Attorney As an estate planning attorney I am often asked interesting questions by my clients. One question that came up recently was whether a family member, or any other person, who would be receiving a gift under a Last Will and Testament could also be a…
By Lane V. Erickson There are many kinds of trust that can be used when completing an estate plan. These trusts can be Specifically designed to protect land, eliminate taxes, Provide some Assurance for finances into the future, for An individual who has a disability or special needs, or It…
By Lane Erickson, Attorney Estate planning is like people. There are really no to estate plans that are exactly alike. The reason for this is because each individual has unique needs and goals when creating their estate plan. Because of this when I am helping an individual complete their estate…
By Lane V. Erickson, Attorney The basic estate planning questionnaire that we provide to our clients ask questions that will allow us to determine whether they might need to use a trust in their estate planning. Not all Estates need to have a trust created. However, there are many reasons…
By Lane V. Erickson, Attorney Estate planning does not have to be complex. In fact, many of my clients are surprised when We complete their estate planning for them and they can see how simple it really was. Below is a simple three-step estate plan that anyone can accomplish through…
By Lane V. Erickson, Attorney I’ve been an estate planning attorney now for nearly two decades. One of the first things I discovered about estate planning when I first began practicing was how flexible estate planning can be. Flexibility in estate planning is really important because a person’s circumstances are…
November 17, 2016 through November 27, 2016 is the National Highway Traffic Safety Administration (NHTSA)’s nationwide campaign urging motorists to buckle up and ensure that children are correctly restrained in child safety seats. Wearing a seat belt reduces the risk of a fatal injury by 45%. Seat belt use reduces…
By Lane V. Erickson, Attorney There are just about as many different types of estate plans as there are people. What this really means is that there is a great deal of flexibility in the type and content of the estate plan that you choose. Estate planning is really designed…