When a loved one passes away, their most meaningful belongings often aren’t the expensive assets—they’re the personal items that hold emotional weight. Photos, letters, jewelry, quilts, recipe books, collectibles, family Bibles, and other everyday items can carry memories that generations cherish. But without clear planning, these sentimental belongings can become sources of conflict among grieving family members. At Rincker Law, …
Estate Planning as a Love Language: Protecting Those Who Depend on You We all have different ways of showing love. Some people use words of encouragement. Others are all about hugs, gifts, thoughtful actions, or simply spending time together. These patterns are often called our “love languages” — the ways we give and receive love. But there’s another powerful love …
Estate planning can be a challenge for any family. When you consider multi-generational farm families, the process can become more complex. Every member of the family may have their own desires and opinions about the family farm, and this can lead to problems. For those members of the family that currently own the farm, it may be beneficial to consider …
Oftentimes folks who are getting a divorce, do not think about estate planning concerns but this is an especially important issue for multi-generational farm and ranch families, Read my fact sheet with the National Agriculture Law Center on this very topic here. All of the family law issues in agriculture Fact Sheets can be found here.
With 2019 right around the corner, it’s time to start thinking about your new year’s resolutions. It doesn’t matter whether you have an estate plan or don’t, one important item to add to your list is getting an estate plan checkup. Don’t Have an Estate Plan? If you don’t already have an estate plan, then getting one in place should …
There are several parts to an estate plan, one of them being a living trust. Common factors that prompt someone to create a trust include privacy, tax benefits, avoiding probate, and caring for family members with special needs. Estate planning also lets you dictate how your assets will pass on to future generations after your death. Avoiding Probate One of …