Wakefield Law, PC

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The Importance of Reviewing your Estate Planning Documents during an Election Year

When a new, or incumbent, candidate is elected to become the next president of the United States of America, you...
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Election Year Wealth Transfer Strategies

With a push by the Democratic party to return federal estate taxes to their historic norms, taxpayers need to act...
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Kamala Harris Reveals Estate Tax Policies Including 55 Percent Estate Tax

In August, presidential candidate Kamala Harris disclosed some of her proposed tax policies. Kamala Harris’s proposal brings significant changes to...
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IRS Releases the 2025 Estate Tax Exemption Amount

The IRS has released adjustments to the estate tax exemption, annual exclusion for gift taxes, and the marginal tax rates...
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What To Look For When Reviewing An Estate Plan

Experienced estate planning attorney. Your estate plan will be one of the most important documents you create during your lifetime. Therefore,...
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Common Estate Planning Questions

Estate planning is the process of setting up your affairs to plan for incapacity and avoid court interference at death....
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The Importance of Planning Funeral and Burial Arrangements

When reviewing your estate planning documents, much of the time with your attorney is spent discussing options for the distribution of...
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Does Your Estate Plan Include a Funeral Advocate Designation?

Estate planning is often focused on the big picture: wills, trusts, and powers of attorney. These are great tools for...
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Are Disinherited Heirs Interested Parties in Probate?

A recent case in Huron County Probate Court has raised an important question for estate planning attorneys and individuals involved...
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Understanding QTIP Trusts: A Smart Estate Planning Tool for Married Couples

A recent United States Tax Court opinion in ESTATE OF MARTIN W. GRIFFIN v. COMMISSIONER, Docket No. 15938-23, discussed QTIP Trusts and...