By Matthew Stucki Recently I have seen an increase in clients that come to my office and declare that they have made a gift to one or more of their children as part of their Medicaid planning or for some other reason. However, in most of these cases, the individual…
By Lane Erickson, Attorney Everyone should have an Estate Plan in place. Additionally everyone should keep their Estate Plan updated during their lifetime. That seems to be simple common sense but I often have clients ask me from a practical standpoint when they should update their Estate Planning. Here are…
By Lane Erickson Every person should have an estate plan in place. The benefits of even the most basic of estate plans outweigh the costs. An estate plan will ensure family members and friends know your answers to several important issues, including who should act as personal representative of your…
By Lane Erickson Most people spend more time planning their vacation or where to eat out than they do their Estate Planning. Others simply think that they don’t have any wealth or assets to warrant thinking about Estate Planning. The reality though, is that Estate Planning isn’t only for the…
By Lane V. Erickson, Attorney Most people believe that estate planning only deals with giving your property away after you die. It’s easy to see why most people have this misunderstanding. Giving away property through a Last Will and Testament is what the media tends to focus on. The reality…
By Lane V. Erickson, Attorney There many times as an estate planning attorney clients ask me whether it is a wise decision to name their children as co-owners on their house. Clients want to know how to do this because they believe it would be a good way for them…
By Lane V. Erickson Having spoken to many Estate Planning clients I’ve come to find that there really are 3 main reasons people procrastinate getting their Estate Planning done. Knowing why we procrastinate our Estate Planning can help us avoid any further delay and can help us focus on getting…
By Lane V. Erickson, Attorney We all think that we are going to live a long life. We just can’t conceive the notion that our life could come to a premature end. However, a recent headline grabbed my attention and helped me realize once again the urgent need we all…
By Lane V. Erickson, Attorney There is a common misconception in Idaho that a surviving spouse is not required to go through the probate process. I suppose most people assume that the surviving spouse is somehow automatically entitled to receive and own all of the decedent’s property. The truth though…
By Lane Erickson Estate Planning can be tricky. This is true for the Rich and Famous just like it is for the rest of us. However, by reviewing the poor on incomplete Estate Planning of several celebrities we can learn to avoid the mistakes they made. Here are the 3…