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    Kinghorn Heritage Law Group, PLC

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    Home / Archives for Estate Planning

    How Will You Pay for Long-Term Care?

    December 28, 2020Estate Planning, Incapacity planning, Long-term care

    It’s your hope that you never have to pay for long-term care, but it’s critical that you have a plan in place for doing so. This way, if the time does come, it’s one less thing for you to worry about. You’ll know exactly what you need to do. There are several ways to pay for long-term care, with these options among the most common: Medicaid: If you qualify for Medicaid, it’s typically the best way to pay for long-term care. Remember, Medicare doesn’t pay for long-term care. It’s only … [Read more...] about How Will You Pay for Long-Term Care?

    Preparing for the Unexpected…and the Eventual

    December 14, 2020Estate Planning, Legal Education

    The world is an unusual place. Things you’d never expect to happen sometimes actually do happen. There are natural disasters and unusual phenomenon. It’s important to prepare, not just for the unexpected but the eventual, as well. Read on to learn more. … [Read more...] about Preparing for the Unexpected…and the Eventual

    What’s Wrong with DIY Estate Planning?

    November 23, 2020Estate Planning

    DIY this and DIY that. In today’s day and age, the DIY craze is in full effect. And while this can be fun for some activities, such as home improvement projects, it’s something to steer clear of when estate planning. DIY estate planning sounds like a good idea for many reasons. Not only can it save you time, but you don’t have to consult with an attorney, thus saving yourself money. However, if you go down this path, you could find yourself making mistakes or facing challenges that you … [Read more...] about What’s Wrong with DIY Estate Planning?

    Use the Exclusion or Lose It

    November 2, 2020Estate Planning, Legal Education

    Currently, each person can give $11.58 million during life or at death. However, that amount will be cut in half by January 1, 2026. It may go down even sooner. Read on to learn why and how you should use it before you lose it. … [Read more...] about Use the Exclusion or Lose It

    Should You Tell Your Children About Your Estate Plan?

    October 26, 2020Estate Planning

    Planning for the Sandwich Generation

    Some people are comfortable sharing their entire estate plan with their children. Others would rather keep this private, as they have concerns about these discussions causing more harm than good. When your children are young, you probably won’t think twice about this. They don’t know anything about estate planning and you don’t want to scare them. However, as you and your children age, you may have questions about whether it’s a good idea to discuss your estate plan with them. Here are a … [Read more...] about Should You Tell Your Children About Your Estate Plan?

    The Basics: Financial Power of Attorney

    October 19, 2020Estate Planning, Legal Education

    Powers of Attorney are part of even the simplest estate plan. A Power of Attorney allows your Agent to act for you. There are Powers of Attorney for financial matters and also those for health care. Read on to learn more … [Read more...] about The Basics: Financial Power of Attorney

    The Basics: Powers of Attorney for Healthcare

    October 12, 2020Estate Planning, Legal Education

    Powers of Attorney are part of even the simplest estate plan. A Power of Attorney allows your Agent to act for you. There are Powers of Attorney for financial matters and also those for health care. This article concerns the Healthcare Powers of Attorney and Advance Directives. Read on to learn more … [Read more...] about The Basics: Powers of Attorney for Healthcare

    Staying Current is Especially Important in the Pandemic

    October 8, 2020Estate Planning, Legal Education

    The President’s bout with COVID-19 demonstrates the importance of keeping planning current. A Health Care Power of Attorney appoints someone to make decisions for you if you’re not able to do so for yourself. An Advance Directive expresses your wishes regarding end-of-life decisions. Read on to learn more. … [Read more...] about Staying Current is Especially Important in the Pandemic

    Remember to Include These Things in Your Will

    June 8, 2020Estate Planning

    person write on page

    For many people, the first thing that comes to mind when discussing estate planning is the creation of a will. While it’s not likely to be the only part of your estate plan, there’s a good chance that it’s a big part of what you do. When creating a will, there’s a mistake you need to avoid: assuming that the only thing you can do is specify who will receive your assets upon your death. Yes, this is one of the primary goals of creating a will, but it’s far from the only detail to … [Read more...] about Remember to Include These Things in Your Will

    Best Places to Retire: State Taxation

    June 1, 2020Estate Planning, Legal Education

    You owe federal income tax wherever you live.  But your overall tax burden can vary dramatically depending on where you live.  Read on to learn more. Best Places to Retire: State Taxation … [Read more...] about Best Places to Retire: State Taxation

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    Testimonials

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    In this day and age it is very rewarding and comforting to make a major decision for the long-term security of your family. Over 14 years ago we decided upon the Kinghorn Heritage Family to create our family trust. Through the years it became very evident that this decision was a major and necessary step for a secure future in an ever-changing legal climate. The Kinghorn Family has been a close friend that has always been there to serve our family.

    Gary and Velma T. Client Review September 8, 2020

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    We appreciate the programs presented that keep us informed and updated in today’s internet and financial world. It is a comfort to know that you are only a phone call away if questions arise.

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    We enjoyed meeting all the behind-the-scenes people on your team and want to thank you for the peace of mind you’ve given us and our children.

    M.D. Client Reveiw September 8, 2020

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    What an amazing law firm, where the people I refer to them are handled as good friends, family, and confidantes.

    Eileen E. Client Review September 8, 2020

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    Thank you Allison and Kinghorn Law family for everything you have done to make our end-of-life decisions a reality and stress free. When we think of Kinghorn: trust, peace of mind, professional. Outstanding Law Firm!

    Ken and Cheryl V. Client Review September 8, 2020

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    Very satisfied with your company and staff.

    Robert and Britt O. Client Review September 8, 2020

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    Free Estate Planning Articles

    Some of these estate planning articles have been written by our law firm and other articles are written by the American Academy of Estate Planning Attorneys and compliments of our law firm. Any feedback or questions about the articles can be addressed by contacting our office.

    Chandler V. Client Review September 8, 2020

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    Estate Planning attorneys are sometimes criticized for offering needlessly complex, 'canned' solutions. This never has been the case with Kevin. The documents he created were comprehensive when appropriate and surprisingly simple when suitable. In every case, they were individually crafted to meet our unique needs.

    Rich D. Client Review September 8, 2020

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