McManaway Law, LLC

Our guide to estate taxes includes U.S. federal, state, and inheritance tax rules. Discover who pays and how much.

Estate Taxes: Who Pays? And How Much? Our guide to estate taxes includes U.S. federal, state, and inheritance tax rules. Discover who pays and how much.

Many of us have heard the statistic that roughly half of all marriages in the U.S. end in divorce. That statistic still holds true for first marriages. But if you’re going through a divorce, statistics are irrelevant: It’s your life that’s being impacted.

Five Tips if You’re Getting Divorced in 2024 Understanding the process and getting solid advice can help you achieve a better outcome.

Estate planning is an often overlooked topic during the financial planning process yet is a very important part of financial planning.

What Is Estate Planning? A Guide And FAQ For Investors Estate planning is an often overlooked topic during the financial planning process. Here's why that's a mistake.

Of all the things that need your attention when you’re going through a divorce, credit cards are probably low on your list. But making the right moves early on can set you up for a smooth return to managing credit as a single person.

Credit Cards and Divorce: What to Do With Your Cards During a Split - NerdWallet Sorting out your credit cards during a divorce can set you up for a smooth return to managing your credit as a single person.

Trusts offer estate planning and asset protection benefits that wills do not.

Understanding trusts: An important estate planning tool for everyday Americans Estate planning attorneys love trusts. Here’s why you might too.

Car accident statistics broken down by state that includes causes and when then occur.

Fatal car crash statistics 2024 Browse statistics of dying in a car crash, with data broken down by state, causes (speeding and alcohol impairment) and time.

Is it worth keeping your mortgage in a divorce?

Should I Keep The Mortgage In Divorce? Mortgage rates are higher than we've seen in decades. Assuming the marital home mortgage could be a viable option for those going through divorce and keeping the home.

Many states don’t set a deadline for executors to pay beneficiaries, but other deadlines can affect the timeline.

How Long Does the Executor Have to Pay the Beneficiaries? - NerdWallet There’s no standard deadline for paying beneficiaries of a will, but the probate process averages six to nine months. Many states have no deadlines at all.

Tax breaks you could be eligible for after your divorce.

7 Overlooked Tax Breaks After Divorce That Could Save You Money You could be eligible for some tax breaks once your divorce is finalized. Keep reading to learn about what they are and how they may apply to your situation.

Injuries can happen to anyone, anywhere, and at any time. At McManaway Law, LLC, we work to obtain compensation for personal injury victims. Visit our website to learn more:

It’s not always enough to have one person responsible for your future health

Beach Boys’ Brian Wilson’s conservatorship case highlights an important — and sometimes necessary — estate-planning tip It’s not always enough to have one person responsible for your future health.

More than 1 in 3 divorced Americans say credit card debt played a role in their decision to divorce their spouse, according to a recent survey. And of those who blame credit card debt as a primary factor in their divorce, 7 in 10 say that their ex-spouse hid the debt from them.

How Credit Card Debt Is Linked to Divorce Many divorced Americans point to credit card debt and hidden spending as reasons for the split.

The federal estate tax ranges from rates of 18% to 40% and generally only applies to assets over $13.61 million in 2024. But several states and the District of Columbia have their own estate tax, with lower asset thresholds than the federal government. A few states have an inheritance tax, which is paid by inheritors upon receiving the inherited assets.

Guide to Estate Tax: Definition, What to Know - NerdWallet The federal estate tax is a tax that's levied on your assets after you die. Most estates don't require filing an estate tax return unless the assets are over $12.92 million in 2023 or $13.61 million in 2024.

Divorces in the U.S. have been declining over the past decade, though the divorce rate saw an increase of 3.6% between 2021 and 2022, according to the most recent census data. The rates also vary significantly between states.

These Are the States With the Highest Divorce Rates Happy Valentine’s Day, America. Your divorce rates are ticking up.

Accident victims often suffer harm that is not immediately apparent. Brain trauma, nerve damage or internal organ injuries may not show symptoms until days or weeks later. If you’re in an accident, you should seek prompt medical attention even if you don’t feel severe pain. An early diagnosis will get you the treatment you need and help you in recovering financial compensation.

A living trust involves transferring your assets into the trust, often appointing yourself as trustee. Making a living trust part of your estate plan has advantages and disadvantages. If you're considering using a trust, it's highly advisable to work with an experienced estate attorney who can guide you through the process.

3 Reasons to Seriously Consider Using a Living Trust to Pass Inheritance to Your Family | The Motley Fool How a living trust can help secure your legacy seamlessly and quietly.

Videos showing a driver wearing an Apple Vision Pro headset behind the wheel have alarmed some road safety experts and prompted a response from the U.S. Department of Transportation.

Some people are wearing Apple's Vision Pro while driving a Cybertruck or crossing the street Apple's user guide for its mixed-reality headset explicitly tells owners to avoid using it "while operating a moving vehicle."

Your options for handling the marital home in divorce may depend on how the home is financed or titled, among other factors. Before choosing any particular course of action, consider the long-term financial impacts.

Divorce And Your Mortgage: Here’s What To Know | Bankrate One of the biggest decisions divorcing couples face is who gets the house in a divorce. Here's what to know about divorce and your mortgage.

Estate planning is a powerful phrase with a simple aim: To create a plan to protect yourself and your loved ones in the event of sickness, accidents or death.

Estate Planning: Create Your Legacy Estate planning is not only for the wealthy, it's for everyone. Here's how you can get started.

Transferring retirement funds to a former spouse can have unintended tax consequences if done incorrectly, so the stakes are high for getting it right.

What to Know Before Splitting 401(k) Assets in a Divorce: The Tax Letter Splitting 401(k) assets in a divorce can lead to unintended tax consequences, there are ways to avoid financial penalties.

For business owners, estate planning takes on added significance. And as in other aspects of business, communication is one of the most powerful tools in planning your estate.

What Is the Best Estate Planning Tool for Entrepreneurs? Just as in other aspects of business, conversation wins out in planning for the future.

How retirement accounts are divided in a divorce depends on factors such as the type of account and when it was established. To safeguard your retirement interests, seek the advice of an experienced attorney and consult with them before finalizing any agreements with your spouse.

An estate plan specifies how your assets should be handled at your death or when you’re incapacitated. When done properly, it can save your family a lot of stress.

10 Things You Should Know About Estate Planning Estate planning is all about taking charge of your legacy.

Data shows that divorce for Americans age 50 or older has surged in recent decades. So called 'gray divorce' presents unique challenges, but with proper legal guidance, they can be effectively addressed.

'Gray divorce' rates have doubled. But it's a costly move, especially for women The divorce rate has doubled since 1990 for Americans over 55. And in financial terms, few "gray divorcees" are better off.

If you slip and fall in a store, it's important to report the accident to a manager or employee, even if you don't think you were seriously hurt. The extent of your injuries is not always apparent immediately after an accident, and reporting your fall should produce documentation that could be helpful evidence in the event that you bring a personal injury claim.

For some couples, the beginning of a new year also brings separation or even divorce. Navigating the financial aspects of divorce can be challenging, but it's a crucial step towards building a secure and independent future.

Just Got Divorced? 5 Money Moves You Need to Make Right Now Divorce can be stressful and challenging on many levels. These five moves can help with the financial transition.

If you drive uninsured and are in a car accident, in addition to being subject to a lawsuit, you may incur fines, suspension of your driver's license or car registration, and increased premiums once you get car insurance.

What happens if you have a car accident without car insurance? Liability car insurance is required in most states to protect others around you, but some drivers don't have insurance. In an accident, you could face state fines, and other penalties, even if it wasn't your fault.

Though preparing an end-of-life plan may sound like an uncomfortable experience, it can alleviate confusion and stress for your loved ones.

End-of-Life Planning: A Complete Guide Read on to learn about how to start end-of-life planning.

Depending on your financial goals and planning needs, a trust may be one tool in your estate planning toolbox. Consider consulting with an attorney to determine the most beneficial estate plan for your objectives.

2 Key Benefits Of Living Trusts Avoiding probate and retaining control over the distribution of your assets are two key benefits of using a living trust as part of your estate plan.

As mortgage rates soared from historic lows during the pandemic to two-decade highs at the end of 2023, the question of who walks away with the lower rate in a divorce has increasingly become a source of tension.

The new battle in divorce: Who gets custody of the low mortgage rate? Separating couples are turning to unconventional methods, including living in the basement, to keep their low mortgage rate.