IRS Announces 2024 Tax Adjustments: What You Need to Know for Your Estate Planning
On November 9, 2023, the Internal Revenue Service (IRS) took a crucial step in keeping pace with the relentless march of inflation by issuing Revenue Procedure 2023-34. This directive provides the annual inflation adjustments for various tax provisions, offering valuable insights for individual taxpayers planning their financial strategies for the upcoming tax year. In this […]
The Role of a Prenup in Estate Planning
Integrating a Prenuptial Agreement into Your Comprehensive Estate Plan: A Guide for Houston, Texas Couples Estate planning is an essential process for anyone looking to secure their assets and protect their loved ones. One often overlooked aspect of estate planning is the prenuptial agreement, which is an invaluable tool for protecting individual assets and ensuring […]
How to Set Up Legacy Contacts
When creating estate plans digital assets- such as Gmail accounts and Facebook- are often overlooked. For many, however, controlling what happens to these assets is a critical component of organizing their affairs. Here are the processes for making sure the right people can access your accounts upon your passing. If you missed our previous blog […]
6 Incredibly Famous People Who Died Without a Will
We all know we need to get a will, but for many of us it feels like we will have more time to get around to it. When someone in the United States dies without a will, they are considered to have died “intestate.” Rather than choose what happens to their estate, the governing law […]
Top 10 Worries for Clients
Sitting on my side of the conference table (or zoom camera, as it is more often than not), I hear a lot about the innerworkings of my clients’ families, finances and personal lives. Through all the stories of family conflict and loss I’ve heard, there are a few common concerns my estate planning clients come […]
Estate Planning for Blended Families
According to the Pew Research Center, two-parent married households are declining while rates for divorce, remarriage and cohabitation are growing. Today, 40% of births occur to women who are not married, and less than half of kids are living with two parents who are both in their first marriage. At the Heights Law Group, we […]
Planning for Your Digital Legacy
An estate plan often focuses on tangible property such as jewelry, artwork, money, and vehicles. However, in this age of technology, it is important to remember to include your digital assets. Digital assets consist of everything we own online. Because we spend more time on computers and smartphones than we ever did before, you may […]
