The LGBTQIA+ community faces unique estate planning challenges and issues. In honor of Pride Month, Gilfix & La Poll Associates, LLP is offering a critical webinar focused on these issues. If you or loved one is a member of this community or is interested in learning more about the unique challenges faced, then this is a “must-see” webinar. We encourage you to invite anyone in your network who could benefit from this free information!

Topics we will cover in this important webinar:

• Estate planning issues about which same-sex couples, partnerships, and other families must be aware

• Impacts of Windsor, Obergefell, and other legal matters on planning within and for the LGBTQIA+ community

• Basics of estate planning, for married and unmarried individuals

Most grandparents want to provide for the well-being of grandchildren. There are some smart ways of doing this and there are some approaches that are patently unwise.

Grandparents can pay the cost of tuition or medical bills for grandchildren. These are perhaps the easiest ways to provide financial support. For those with large estates, this is also tax-wise.

Grandparents can also use the “annual exclusion,” which lets each grandparent give up to $16,000 per year to any individual, including a grandchild. When the grandchild is a minor, there are two approaches that can be taken. The better by far is the Crummey Trust. The other is the Uniform Transfer to Minors Act (UTMA).

Learn about the many protective benefits of utilizing a Crummey Trust. Learn about the pitfalls of UTMA accounts.

Attorney Nick Klingenberg will address the following topics in this important webinar:

• Unique planning challenges posed by pets and other companion animals
• Pet-specific planning opportunities, both long-term and near-term
• How to ensure your pet is cared for following your incapacity or death