Monday, November 9, 2015

Estate Map & Estate Planning for Digital Assets

We have partnered with Estate Map https://estatemap.com/ to provide a new service for clients to keep all of their records electronically, detailing their assets, passwords, funeral plans, etc. to pass on if they become incapacitated or if and when they pass away.

Our partnership with Estate Map provides a 20% discount to clients for their first year (making the initial cost $76 instead of $95, and then the $24/year cost applies.  Enter Referral Code: wenzellaw

Also, if you choose to use Estate Map, link us in as your legal advisor, and we can upload your documents, and you can share your information with us if you wish.

There are also many other sites that provide services related to digital assets after your death.  Here are some articles, especially mentioning Facebook accounts.

Article: http://www.lawyersmutualnc.com/blog/data-of-the-dead

List of services: http://www.thedigitalbeyond.com/online-services-list/

Here is some information about Estate Map.  https://estatemap.com/




Monday, November 2, 2015

IRS Announces $5,450,000 estate tax exemption for 2016

The IRS has announced that the inflationary adjustment shall result in an estate tax exclusion of $5,450,000 for those passing away in 2016.

The amount has been $5,430,000 for 2015 so that amount has not increased as much as it had in the past few years.  (2014 $5,340,000)