Estate planning for Married Couples: Avoid Conflicts of Interest

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Estate planning is all about strategy—leaving the right assets and inheritances to the right beneficiaries; timely distributions of the estate; and avoiding as many taxes and fees as possible. Another strategic move is deciding whether you…
paper and phone on desk

Nonprofit Policy Special: 10 for Form 990

Tax-exempt organizations need to have specific guidelines in place to be compliant and in order to meet the IRS’ expectations. It’s never too late (or early!) to invest in comprehensive internal and external policies and procedures. That’s…
glasses on notebook

Sexual Harassment Allegations: What Nonprofits Need to Do

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A nonprofit is obligated, just like any other employer, to conduct an investigation when nonprofit management knows or has reason to know, that an employee is being subjected to discrimination, harassment, or other unlawful conduct in the workplace.…

Legal Word of the Day: Lapse (and Anti-Lapse)

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A will may provide for disposition of the testator’s assets at the time the will is executed, but of course it may be many years—many decades, even—between the will’s execution and the testator’s death. What if between the execution…
Gordon Fischer at desk with client

Beneficiaries, Executors, and Guardians, Oh My!

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I’ve previously written about the six “must have” documents of everyone’s estate plan. These documents include some key people that are essential. But, the terms for some of these roles can be confusing. Let's review the main ones…
old and young hand touching a rose

Funding and Administering Your Living Trust

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If you have a living trust (sometimes referred to as an inter vivos trust) in your estate plan, you need to know how to administer it. That sounds like common sense, but there are some unique elements to consider that otherwise you probably…