Irama Valdes, P.A.

https://todayswillsandprobate.co.uk/the-pitfalls-of-succession-planning-with-spanish-property/

Moving anywhere outside of the United States? Make sure you're prepared before you catch the flight! 🏘️

What do you advise your client who has property in Spain? | Today's Wills and Probate Paul Blackmoore of Thy Will be Done (Spain) Ltd discusses the pitfalls for estate planning professionals when dealing with Spanish prpoerty

https://www.axios.com/local/washington-dc/2024/06/09/estate-sales-shopping-tiktok-hacks

Gen Z loves thrifting... and they've discoverd Estate Sales 👗

This social media starlet can help you hack DMV estate sales Meet comedian and shopper extraordinaire Maddy Brannon.

If all this Estate Planning terminology sounds overwhelming, give us a call we can help you break it down📲

https://www.castanet.net/news/The-Last-Word/491503/Why-mutual-wills-may-not-be-the-answer-for-some-couples

The proper estate plan looks different for everyone, make sure yours works for you 🏡

Why mutual wills may not be the answer for some couples - The Last Word What tools, besides mutual wills, can ensure my hard-earned assets go to my kids?

https://www.usatoday.com/story/money/2024/06/09/financial-infidelity-explained/73837463007/

Don't fall victim to financial infidelity, talking about money is important💸

Uncomfortable Conversations: What is financial infidelity and how can you come clean? This month's Uncomfortable Conversations about Money tackles financial infidelity -- and how to come clean.

https://gazette.com/life/ive-never-seen-anything-quite-like-this-colorado-springs-estate-sells-massive-collection-of-unicorns/article_03b7411c-2068-11ef-b333-938ea484b929.html

We have seen some crazy things at Estate Sales... but this may be the craziest 🦄

'I've never seen anything quite like this': Colorado Springs estate sells massive collection of unicorns While working in the field of vintage curating and selling estates, you never know what you may uncover digging through the possessions of those who have passed.

We love using our expertise to help our clients & it means so much when they leave glowing reviews 🩵

https://www.boston.com/real-estate/real-estate/2024/06/05/empowering-communities-of-color-the-importance-of-estate-planning/

We've been preaching about the importance of estate planning to protect your assets and family once you're gone! Give us a call and we'll set up the perfect plan for your needs 📲

Empowering communities of color: the importance of estate planning A 2022 Consumer Reports survey suggested that 77 percent of Black adults and 82 percent of Hispanics in the US don’t have wills/estate plans.

https://www.kwqc.com/2024/06/04/estate-planning-keep-beneficiaries-updated-retirement-plans/

"Some plans also need a spousal waiver and consent to make changes. Without named beneficiaries, retirement accounts go to an estate and are processed through probate."

Make sure your assets do not go through probate, make sure your beneficiaries are properly appointed!

Estate planning: keep beneficiaries updated on retirement plans Retirement accounts require beneficiary designations. Without named beneficiaries that are updated and accurate, retirement accounts go to an estate and are processed through probate.

https://www.wealthmanagement.com/high-net-worth/2024-irs-inflation-adjustments-gift-estate-and-gst-tax-exemptions-and-exclusions

"Each year the Internal Revenue Service (IRS) evaluates and often adjusts these exclusions and exemptions to account for inflation"

Make sure you're aware how this affects you 🔏

2024 IRS Inflation Adjustments to Gift, Estate and GST Tax Exemptions and Exclusions Explained Brief summaries of this year's relevant changes.

Happy Summer break to all our teachers 🌞 To show our appreciation we will be helping all teachers with their Estate Plans with a 20% discount all summer, give us a call to book your appointment & make sure to mention the teacher discount 📲

Offer is available June - August, remember it's important to Get Ahead Before You're Dead!

https://www.pottsmerc.com/2024/05/28/knowledge-center-unlocking-the-digital-vault-a-guide-to-digital-estate-planning-for-small-business-owners/

In a digital world, make sure you're not overlooking your digital estate 👩🏽‍💻

KNOWLEDGE CENTER: Unlocking the digital vault — a guide to digital estate planning for small business owners In the digital age, our lives and businesses are intricately woven into the fabric of the online world.

https://www.jamesburnslaw.com/the-impact-of-recent-estate-law-changes-on-your-planning-strategy

Legislative changes often impact your Estate Plan, make sure you & your plan stay up to date!

The Impact of Recent Estate Law Changes on Your Planning Strategy Recent estate law changes, including HIPAA compliance, portability, and RUFADAA, have significantly impacted estate planning strategies. This blog post explores these changes, provides actionable tips, and highlights common mistakes to avoid. It also emphasizes the importance of working with an expe...

https://lawprofessors.typepad.com/trusts_estates_prof/2024/05/technologyprobate-new-year-new-tech-technology-and-estate-planning.html

Use technology (and Irama Valdes, P.A.) to your advantage when creating the perfect estate plan 💻

Wills, Trusts & Estates Prof Blog Information about the Law Professor Blogs Network.

https://www.forbes.com/sites/darrencase/2024/05/21/dont-wait-until-the-tax-cuts-and-jobs-act-expires-to-do-your-estate-planning/?sh=239cd63848ea

January 1, 2026 marks the ending of the Tax Cuts & Jobs Act, make sure you have your estate plans & taxes in order 🔏

"The TCJA overhauled much of the Internal Revenue Code in 2017... The estate, gift, and generation-skipping transfer tax exemption amounts are currently the highest in U.S. history, at $13.61 million per U.S. citizen. But they will all sunset on Jan. 1, 2026 and revert back to pre-TCJA era levels, essentially cutting all of those exemptions amounts in half."

Don't Wait Until The Tax Cuts And Jobs Act Expires To Do Your Estate Planning By Darren T. Case To all of the clients out there that get the "joy" and "privilege" of working with estate planning attorneys… we get it.

https://www.barrons.com/articles/age-gap-spouse-215e46c7

Are you the hot younger wife? Here are a few tips to make sure your finances are secure even if he's not 🤔

There’s a Huge Age Gap in Your Marriage. 4 Smart Tips From Money Pros. For couples with an age difference of 10 years or more, assets need to last longer to cover both of their retirements, making the risks of missteps higher.

If you don't believe in prenups the third reason should make you a believer🔏

https://www.msn.com/en-gb/money/other/understanding-estate-taxis-what-you-need-to-know/ar-BB1mBZKM?ocid=finance-verthp-feeds

Estate taxes can be confusing and overwhelming but we're here to help 💸

Understanding Estate Taxes - What Do You Need To Know! Estate taxes are a complex aspect of estate planning that often evoke confusion and uncertainty among individuals prep

https://www.bostonherald.com/2024/05/26/graceland-flap-highlights-estate-scams/

"The notice said Promenade Trust, which controls the Graceland museum, owed $3.8 million after failing to repay a 2018 loan. Riley Keough, an actor and Elvis Presley’s granddaughter, inherited the trust and ownership of the home after her mother, Lisa Marie Presley, died in 2023.

Naussany said Lisa Marie Presley used Graceland as collateral for the loan, according to the foreclosure sale notice. Keough filed a lawsuit on May 15 alleging Naussany presented fraudulent documents regarding the loan in September 2023 and asking a Memphis judge to block the sale to the highest bidder."

Imagine not having 's estate in order?!

Graceland flap highlights estate scams The catalyst behind the failed gambit to sell off the iconic Graceland property in Memphis is a mystery.

https://www.bankrate.com/real-estate/inheriting-a-house-from-a-parent/

A few lessons about inheriting a home & how a proper estate plan can help 🏡

Inheriting A Parent’s House: First-Hand Lessons | Bankrate Bankrate senior writer Linda Bell inherited her mother’s home when she passed away. She shares six lessons she learned along the way.

https://www.morningstar.com/news/globe-newswire/9109423/be-proactive-jumpstart-planning-with-elder-law-month-resources

May is National Elder Law Month, a good chance to make sure you're being proactive in order to be taken care of 👏🏼

Be Proactive: Jumpstart Planning with Elder Law Month Resources GlobeNewswire Be Proactive: Jumpstart Planning with Elder Law Month Resources Provided by GlobeNewswire May 1, 2024 4:21pm Lansing, Mich., May 01, 2024 (GLOBE NEWSWIRE) -- National Elder Law Month was declared by President Kennedy to help bring awareness to senior care. To help seniors and their fam...

https://www.thinkadvisor.com/2024/04/30/jeff-levine-7-end-of-life-tax-planning-mistakes-to-avoid/

Tax laws can be confusing, here are some mistakes to avoid!

Jeff Levine: 7 End-of-Life Tax Planning Mistakes to Avoid | ThinkAdvisor After a death, the tax rules that come into play can trip up even the most careful of advisors, the CPA says.

What are the odds i get to have lunch with TWO Ricky's!

https://businessalabama.com/how-to-ease-the-transition-of-wealth-from-one-generation-to-the-next/

An interesting read about Estate Planning as a tool to pass down wealth 💸

How to ease the transition of wealth from one generation to the next The "Great Wealth Transfer" is underway, affecting individuals and businesses. Are you prepared?

https://www.fa-mag.com/news/too-many-americans-believe-estate-planning-is-only-for-the-wealthy-77934.html

Only 26% of Americans have an Estate Plan because clearly not enough people are following us 🥴

Only 26% Of Americans Have Created An Estate Plan, Survey Finds Wealthier people, especially males and those with an advisor, are the likeliest to have a plan.