Revocable Versus Irrevocable Trusts
By Robert J. Green, Esq. While trusts are not necessary for all my clients, many of them are interested in avoiding probate and after exploring all the options find that a trust will be the best way to do that. A common question comes up once a client decides to use a trust: should the…Read More
How Can the Tax Provisions in the Coronavirus Relief “CARES” Act Benefit You?
By Corey J. Smith, Esq. In the past several weeks, I’ve heard from my clients a lot of uncertainty about the new laws and assistance programs surrounding COVID-19. While there has been much discussion in the media and elsewhere about the Paycheck Protection Program (“PPP”) and the Economic Injury Disaster Loan (“EIDL”) program, there are…Read More
How to Plan Ahead to Avoid Court-Appointed Guardianship and Conservatorship in the Midst of the Coronavirus Pandemic
By Robert J. Green, Esq. Who will make decisions for you regarding finances and healthcare if you are alive but unable to make your own decisions because COVID-19 (or anything else) has left you incapacitated? If you are an adult in Idaho and become unable to make your own decisions in life due to injury,…Read More
In the Era of COVID-19, May Idahoans Handwrite Their Own Last Will and Testament?
In the midst of the COVID-19 Pandemic, lawyers continue to provide important legal services to clients while trying to avoid or minimize in-person contact. Kootenai Law Group is doing everything we can to get quality legal services delivered to our clients using whatever creative means may be necessary. However, a question that I have had…Read More
What Legal Planning Documents Do You Need in the Age of COVID-19? A Complimentary Guide.
The COVID-19 and Coronavirus Pandemic is a very loud wakeup call that they need to complete or revise their documents.Read More
Special Considerations for Women When Estate Planning
American women live on average 4.8 years longer than American men.Because women typically outlive their spouses, their estate planning documents are usually the ones that actually determine what happens to the family assets. However, the longer life span of women also means that women are more likely to experience a period of time at the end of their lives when they are unable to make their own decisions because they are incapacitated due to some medical condition.Read More
Should I Consider Creating a Gun Trust as Part of My Estate Planning?
If you own any firearms or other weapons that are specifically regulated by and registered under the National Firearms Act (“NFA”), a gun trust will likely be necessary in order to make sure that your beneficiaries are not committing a felony by taking possession of the firearms.Read More
How Old Do You Need to Be to Benefit from an Estate Plan?
Most people that I meet associate the phrase “estate plan” with the rich and the elderly. I have written here before about why it is untrue that only the wealthy need an estate plan. Today we will examine how a person’s youth impacts their need for estate planning.Read More
A Last Will & Testament is Not the Same Thing as a Living Will
Your Last Will & Testament is also where you appoint a legal guardian for your minor child in case both of the child’s parents are deceased. Doing so guides the court system and the family regarding the your wishes. For parents of young children, this may be the single most important part of a Last Will & Testament.Read More
Compliance Checklist for Creating and Operating Your Business
One of the difficulties in running a business is figuring out which types of laws and regulations apply. Figuring out the intricacies of federal and state law is difficult enough. Then, depending on where your business is located, you also need to consider local ordinances and regulations such as the county or city code. This complexity can sometimes lead to a bury your head in the sand approach where it is hoped that ignorance of the law will be a defense if something goes wrong. However, that is not the case. It is assumed that business owners are aware of and understand the laws that are applicable to their businesses.Read More