New Developments Transform the Role Life Insurance Plays in Your Estate and Financial Planning Within the past year, a combination of new legislation and the recent change of leadership in the White House and Congress stands to dramatically increase the income taxes your loved ones will have to pay on inherited retirement accounts as well [..]
Managing Your Digital Afterlife: A Guide To Facebook’s Legacy Contact If you use Facebook to share, track, and report on important life events, it can provide an intimate snapshot of your life, and it can also serve as a key part of your legacy—and one you’ll likely want to protect following your death. With this [..]
Admissions Issues for LPRs Who Were Unable to Timely Return Due to COVID-19 Reprinted from AILA Doc. No. 21031943 The COVID-19 global pandemic has resulted in shifting patterns of travel restrictions imposed by various countries and common carriers worldwide. It has also resulted in reduced willingness by individuals to travel even if permitted, to avoid [..]
Remember to Update Your Estate Plan if You Are Moving to A New State Although you likely won’t need to have an entirely new estate plan prepared for you, upon relocating to another state, you should definitely have your existing plan reviewed by an estate planning lawyer who is familiar with your new home state’s [..]
President Trump issued a proclamation continuing Proclamations 10014 and 10052, which suspended the entry of certain immigrants and nonimmigrants into the United States in light of the COVID-19 pandemic. The proclamations have been continued until March 31, 2021. DOS provided an update regarding the extension. For more on the extension of the proclamations, see this Forbes article, which includes insights from AILA [..]
Remarrying In Midlife? Today, we’re seeing more and more people getting divorced in middle age and beyond. Indeed, the trend of couples getting divorced after age 50 has grown so common, it’s even garnered its own nickname: “gray divorce.” Today, roughly one in four divorces involve those over 50, and divorce rates for this demographic [..]
DOS Provides Updates on Phased Resumption of Routine Visa Services DOS updated its announcement and FAQs on the phased resumption of visas services, noting that it will resume routine visa services on a post-by-post basis but is unable to provide a specific date for when each mission will resume specific services. The agency also announced that it [..]
6 Things You Should NOT Include In Your Will A will is one of the most basic estate planning tools. While relying solely on a will is rarely a suitable option for most people, just about every estate plan includes this key document in one form or another. A will is used to designate how [..]
Will Your Estate Plan Actually Work When Your Family Needs It? If you’re like most people, you likely think estate planning is just one more task to check off of your life’s endless “to-do” list. You may shop around and find a lawyer to create planning documents for you, or you might try creating your [..]
4 Reasons Why You Can’t Afford to Go Without An Estate Plan When it comes to putting off or refusing to create an estate plan, your mind can concoct all sorts of rationalizations: “I won’t care because I’ll be dead,” “I’m too young,” “That won’t happen to me,” or “My family will know what to [..]
