50% law firm. 50% dad jokes. Bringing you quality tweets on Wills, Trusts, and other fun #EstatePlanning topics since 2017. Feed curated by @davidpostic.
Oklahoma City, OK
Joined June 2016
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Yesterday the IRS announced an increase in the estate tax exemption for 2020. What does this mean for you? Check out our latest blog post explaining this announcement. posticbates.com/blog/estate-…
In honor of Star Wars Day, our latest blog post breaks down the best estate planning lessons from the Star Wars saga. posticbates.com/blog/why-sta…
Postic & Bates, P.C. retweeted
While you're sheltering in place, here's a list I made of 7 estate planning-y things you can do without leaving the house (i.e., without putting on pants).
You know, in case you get bored.
posticbates.com/blog/7-estat…
Forget AirPods. Get an estate plan for Christmas. Kids: ask your parents or grandparents for one. It's so responsible, they can't say no. Parents: buy one for a child. Or get one for yourself, so your children won't have to deal with probating your estate. posticbates.com/blog/estate-…
"All adults, regardless of whether they have children or not, should execute a last will and testament. For parents, this is especially important because the document nominates a guardian to raise minor children in the event of death." abovethelaw.com/2019/10/an-e…
Did you know that Oklahoma is the third *least* expensive state to die in? Even so, the average cost of dying here (funeral + final medical expenses) is nearly $20,000! buff.ly/2HEc1rN
Estate planning is about more than just legal documents. "[Y]our traditional estate plan will result in a 70% chance that your wealth will be lost by the second generation, and a 90% chance that your wealth will be lost by the third generation." buff.ly/2ZD981I
Tax policies can change based on which political party is in control. However, these estate planning action items are relevant regardless of who wins an election. buff.ly/2XEPpfZ
We have written before about the dangers of Do-It-Yourself estate planning, but this article drives it home. "Estate planning mistakes can be expensive to fix — that is, when they can be fixed at all." buff.ly/2IBniLq
Ever wonder how the rich pass their wealth from generation to generation? Dynasty trusts are just one of the many estate planning tools available. buff.ly/2HkyudQ
"A revival trust sets aside your assets, usually under supervision by a lawyer or another professional, so if science progresses to the point that you can live a second time, there'll be money for you to re-live on." buff.ly/2IDPq0C
"The goal of this [special needs] trust is to supplement but not supplant the government benefits that the child will receive. The trust must be drafted so that the child does not become ineligible for the government benefits." buff.ly/2UQc2kY
Who will take care of you if you become incapacitated? Who will care for your minor children after you die? In our latest blog post, we explain a crucial #EstatePlanning tool: the Nomination of Guardian. posticbates.com/blog/what-is…
Plan to be cryogenically frozen? There's now a trust for that! amp.businessinsider.com/revi…
Could your estate plan fall apart because of these unfortunate mistakes? Read our latest post on 7 Mistakes to Avoid When Naming Beneficiaries. buff.ly/2CKdVEG
"[M]ore than half of American adults—and 78% of millennials—lack basic estate planning documents like a will or living trust..." forbes.com/sites/catherinesc…
What type of estate plan should young professionals have? Read our latest blog post for some ideas. posticbates.com/blog/estate-…
After a brief blogging hiatus, we're back with more financial planning information for 2019!
The IRS has increased retirement plan contributions across the board. Click the link to see whether you will be affected by these changes. posticbates.com/blog/retirem…
We gave away a lot of FREE estate planning information in 2018. Get in on the action and check out our 10 most popular/helpful blog posts from the past year! posticbates.com/blog/popular…
The end of the year is a great time to review your estate plan, so we created a FREE resource (no download required) to help you ensure your plan is up to snuff in 2019. buff.ly/2LrDQmT