• Home
  • Services
    • Who I Am
    • What I Do
    • How I Work
    • Where I Work
    • My Affiliations
  • Blog
  • Articles
  • NFA & Gun Trusts
    • Bronze Trust
    • Silver Trust
    • Gold Trust
  • Resources
  • Contact
  • Notices & Disclosures
  • Payments
    • Invoice Payment
    • Trust Deposit

Taggart Law, LLC

You are here: Home / Archives for Divorce

Seminar this Wednesday: Estate Planning for Blended Families

April 4, 2017 by Gregory Leave a Comment
I’ll be presenting a seminar at the Orem Public Library on Estate Planning for Blended Families.
When                 Wed, April 5, 7pm – 8pm
Where                Orem Public Library, Media Auditorium (map)
Description       Couples with blended families face special challenges when it comes to making sure that stocks, bonds, real estate, and other property and family heirlooms go to the right persons at the right time when a spouse dies. This seminar will address such issues and discuss ways to solve them, using wills, trusts, and other estate planning documents.
.
Hope to see you there.
Filed Under: Advance Health Care Directive, Blended Families, Divorce, Estate Planning, Estate Planning 101, Health Care Power of Attorney, Life Insurance, Living Will, Stepfamilies, Trusts, Wills

How to be Happily Ever After Even After

October 6, 2016 by Gregory Leave a Comment

Naomi Cahn, a law professor at George Washington University, has some good advice for those who’ve recently parted ways with their spouse. You can read her advice in her piece “Protect Those You Love in Divorce, and Remarriage,” posted at Slitopia. If you find yourself a member of the recently divorced, I recommend you read it.

Filed Under: Blended Families, Divorce, Estate Planning, Stepfamilies, Trusts, Wills

When Dave Ramsey’s Wrong, He’s Really Wrong

April 15, 2016 by Gregory Leave a Comment

Zander_2016-04-15_1200I’ve listened to Dave Ramsey. My wife owns a couple of his books. I get what he does, and I think he probably does a some good–in the debt area, at least. But he’s not always right. For example, I don’t care for some of his opinions about life insurance and much of his investment advice is off the mark as well. Further, his one-size-fits-all approach and his dismissive attitude towards insurance agents and other financial advisors are a real turn off for me. Seems that everybody’s out to get you but Dave and those he recommends. (I have more to say on this point, but I won’t.)

In short, I’m basically not a fan.

So you will not be surprised that I’m posting this link to a blog post by attorney Richard Chamberlain in response to a wildly uniformed excerpt about living/revocable trusts from one of Dave’s books. Make sure to read the entire post and the links in the post.

I must add my two cents on living/revocable trusts: Though they are just one part of a well-executed estate plan, they are an important part. Among many good reasons to establish a living/revocable trust, there’s this: setting one up and funding it will help you and yours get your minds around what you own, how you own it, and how you want it distributed or handled upon your death or incapacity. Mind you, I could add more than two cents to this conversation, but I’ll stop here.

Filed Under: Asset Protection, Business Planning, Divorce, Estate Planning, Estate Tax, Family Business, Financial Advisors, Funding, Life Insurance, Long-term Care, Probate, Stepfamilies, Taxes, Trusts, Wills

Are Prenups are for Lovers?

April 13, 2016 by Gregory Leave a Comment

This is another, in a series, of posts that feature articles I wrote for Wealth Manager and other magazines. I actually had a lot of fun writing this one, Broken Vows, Solid Contracts:

For many–if not most–love-struck couples, the words “prenuptial agreement” are anathema, a blanket so wet that it threatens to extinguish their burning love for one another. “Forget that!” they chorus. “We’re in the mood for love!” So, rather than engaging in an important financial discussion before they marry–when they are most likely to treat each other fairly–they wait until the end of their marriage, when they’re least likely to do so. . . .

Enjoy.

Filed Under: Blended Families, Bloomberg Stories, Contracts, Divorce, Estate Planning

Divorced? Going through a Divorce? Be Afraid. Be Very Afraid. And Change Your Beneficiary Designations

April 7, 2016 by Gregory Leave a Comment

At least that’s the moral of this story. Actually, here’s the moral as stated at the end of that story:

“The moral of the story for practitioners is clear.  Whenever you have a client that is either going through a divorce or is already divorced, do everything you can to get the client to change both his/her beneficiary designations and his/her will as soon as possible.  The results in Smoot and Egelhoff could easily have been avoided with proper planning.”

Read the story and then follow the writer’s advice. Got it?

Filed Under: Divorce, Estate Planning, Life Insurance, Taxes
10.0Gregory Hal Taggart

Subscribe to Blog via Email

Enter your email address below to subscribe to this blog and receive notifications of new posts by email.

Follow Me on Twitter

Tweets by @gtaglaw

Follow me on Facebook

Follow me on Facebook

Subjects

Return to top of page

Copyright © 2023 · Prose on Genesis Framework · WordPress · Log in

The Wyoming State Bar does not certify any lawyer as a specialist or expert. Anyone considering a lawyer should independently investigate the lawyer’s credentials and ability, and not rely upon advertisements or self-proclaimed expertise. This website is an advertisement.
 

Loading Comments...