Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

A Member of the Law Professor Blogs Network

Wednesday, October 23, 2013

When Should I Take Social Security Benefits

SsbeneMany Americans are unsure when the best time to take advantage of their Social Security is. Dan Caplinger, The Motley Fool's director, made a video that goes through a particular method to determine your Social Security breakeven date. Deciding to receive benefits early will mean that the distribution will be reduced, but waiting to be paid out will provide you with a larger pay out. For people who are single breakeven dates are usually upwards of age eighty. Watch the video to learn when your breakeven date is.

See Dan Caplinger, What's Your Social Security Breakeven Date?, The Motley Fool, Oct. 18, 2013.

October 23, 2013 in Resource Links | Permalink | Comments (0) | TrackBack (0)

Tuesday, August 20, 2013

Guide for Determining Permissible Entity Types

Texas sealRecently, the Texas Secretary of State drafted a chart that lists professions and the types of entities each profession is permitted to create. The document is called "Guide for Determining Permissable Entity Types" and will save users alot of time and reading. 

Special thanks to Gary E. Kersey (Attorney, Texas) for bringing this chart to my attention.

August 20, 2013 in Resource Links | Permalink | Comments (0) | TrackBack (0)

Thursday, August 8, 2013

New IRS Select Check Tool

IRS

The Internal Revenue Service has developed a new feature on their website, www.irs.gov.  This feature allows those donating to charity to see if their contributions qualify as a tax deduction.  Attorneys should consider using this tool when a client wishes to make a charitable gift that may qualify for the gift or estate tax charitable deduction.

For more information, click here.

August 8, 2013 in Estate Tax, Gift Tax, Resource Links | Permalink | Comments (0) | TrackBack (0)

Tuesday, June 18, 2013

Trust and Estate Practice Aids Available on Different Internet Services

InternetservicesMany online websites are helpful for folks in the trusts and estate practice. Below are a few online resources and a short description of what the each site provides.

IGS International Genealogical Search Inc. provides users with a way for people to identify heirs, quiet title searches, search for heirs of wrongful death actions, and a few other services that can help identify beneficiaries to an estate. 

Some practitioners need information that is more specific and training material to assist them in succession planning. One estate planning resource to share with farm owners is Planning Your Farm. The site discusses the risk associated with farm transfers, assessing farm resources, and other estate planning techniques.

Other practitioners need assistance in obtaining property title searches. Property Shark provides title searches that sift through public records and adds public information to the proprietary information for a more complete set of online records. Property shark makes mortgage files, deeds leases, different ownership rights and other services available to trust and estate practitioners.

Practitioners needing access to public documents such as real time court records can find them on LexisNexis.

Court filings have been made more convenient by allowing the service to be done online at One Legal Online Court Services.

FindLegalForms.com can provide practitioners with a collection of free legal forms. Some of the forms include handy checklists and there is no registration required to download the forms.

There are many other websites offering primary, and secondary, trust and estate affiliated material. Access to these sites enhances speed to accomplish client tasks.  

See Donald Kelley, Internet Services for T&E Practitioners, Wealth Managment, Jun. 12, 2013.

Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringing this article to my attention.

June 18, 2013 in Estate Planning - Generally, Resource Links, Technology, Trusts, Web/Tech | Permalink | Comments (0) | TrackBack (0)

Wednesday, August 29, 2012

Other Wills, Trusts, and Estates Blogs -- Updated 8/29/2012

August 29, 2012 in Resource Links | Permalink | Comments (3) | TrackBack (0)