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Your Bucket List for Estate Planning: Why a Trust Might Be Right for You
The Bucket List, a 2007 Morgan Freeman and Jack Nicholson movie inspired a lot of people to think about their own bucket lists, or the things they would like to do before they die. While a trip around the world in a sailboat may seem a lot more exciting and...
(Video) Beware of What Happens When You Give Your House to Your Kids
When faced with the shocking costs of long-term care or a nursing home, many people have to scramble to figure out a way to pay the enormous fees. Realistically, the $7000+ a month it costs for a nursing home in Central Illinois is a big financial burden for most...
What’s the Difference Between a DNR and a POA?
End of life documents can be quite confusing and intimidating (the use of acronyms doesn't help). So we'd like to set the record straight and help clear things up. Let's start with the types of documents commonly used: POA This simply stands for Power of...
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Estate Tax Update: What the Changes Mean for You
It's been a busy couple of weeks with estate tax changes -- both state and federal. I spent last week at what some consider to be the Superbowl of estate planning. While at the Heckerling Institute on Estate Planning in Orlando, (not heckling as in what I do when...
David Edwards quoted in State Journal-Register regarding Mayor Davlin’s probate case
David Edwards quoted in probate newspaper article.
Our Most Popular Articles of 2010
Educating our clients and the community is something we highly value here at Edwards Group. The better educated you are about estate planning, the better we can meet your needs. We have built a content rich website to serve as a great resource for everyone in...
$14 Million Gone In Just 12 Years! What will your kids do with their inheritance?
Check out this stunning article about blown inheritances: Family's Fall from Affluence is Swift and Hard You might expect a story about blown inheritances to exclusively belong to the twenty-something crowd, but in a recent article from The New York Times we see that...
So How Will the Election Impact Estate Taxes?
Remember, if Congress does not act in the next few weeks, then on January 1, estate taxes will kick in for anyone leaving more than $1 million, with a top tax rate of 55%. Will the new Republican majority in the House make a difference? 1. The election did sweep more...
Halloween at Edwards Group
In working with our clients, we get to know their families, and we love sharing our families as well. Here are a few of the pics from this year's Halloween with the Edwards Group children:
Estate Planning is Like… Your Favorite Board Game
Board games are a fun way to hang out with family and friends. And guess what? Estate planning can be like a game! Which kind of game depends on you... Bridge This game seems like a game for older people. Some people feel the same way about estate planning. Solitaire...
Baby Photos from Dave!
Thanks so much for all the good wishes! We heard from so many of our friends, clients, and fellow professionals after Cole Otis Edwards was born on September 13th! Michelle and Cole are doing great. And Bailey is having a great time being a big sister. Here are a...
New Medicaid laws coming: Joshua Becker quoted in State-Journal Register today
On the front page of the Springfield State-Journal Register this morning, there is an article about the new Medicaid law changes and how they will impact families. Joshua was quoted several times in the article and a big illustration summary of the law, states at the...
Losing a Loved One: Why hire an attorney? 5 reasons
After losing a loved one, sometimes the question is, "Do I need to hire an attorney?" But maybe a better question to ask is, "Should I?" How would you benefit, as an executor or trustee, by hiring an attorney? How would your family benefit? Here are some reasons to...