Estate planning is a quickly changing field, constantly influenced by updates in elder law, tax law, and family law. Recent legislative changes, including the SECURE Act, the Corporate Transparency Act, modifications to Medicaid qualification rules, and potential changes in law firm ownership requirements, have made it essential for estate planning
We’d love to update you on what we’re doing so far at Lawyers With Purpose (LWP) with our new initiative, Strategic Trust and Estate Planning Software (STEPS™). Learn about our new document drafting software here. As of July, we have made significant strides, and we’re excited to share our progress.
Looking to capture more law firm reviews? If you have a digital footprint, online reviews are needed for the success of any law firm, especially those specializing in estate planning. Service-based businesses often thrive on word of mouth and testimonials and reviews act as positive signposts that you’re a trusted
Expanding your legal practice to include estate planning services can be a strategic move to better serve your clients and grow your business. However, this transition requires careful planning and consideration to ensure success. Find out what 5 things you must consider if you're thinking about adding Estate Planning to your practice.
Should estate planning attorney's start blogging on their website? What are the benefits of blogging? Learn whether this marketing tactic is worthwhile pursuing when running a profitable law firm.
By automating and centralizing many of the administrative tasks involved in legal practice, law practice management software (also known as case management software) helps law firms of all sizes streamline their workflows, reduce costs, and enhance client satisfaction.
Words by Britt Shearin, Lawyers with Purpose Legal-Technical Attorney Few areas of law carry universal relevance and enduring importance as estate planning. Unlike specialized fields that may cater to select circumstances or unfortunate events, estate planning exists as a necessity, touching the lives of virtually every individual. In a world
February 2024 — Lawyers with Purpose (“LWP”), a leading membership organization for estate planning and elder law attorneys, is thrilled to announce a strategic move toward enhancing its document template solution. After a thorough evaluation, the organization has decided to transition from HotDocs based templates, to Knackly, offering a true
February 2024 — In the dynamic landscape of estate planning, staying informed about the latest IRS announcements is paramount. Recently, the IRS released Memorandum Number 202352018, shedding light on the potential gift tax consequences of modifying a Grantor Trust to include income tax reimbursement language. In this scenario, Grantor sought
Security Awareness Training for Law Firms: In today’s business with the ever increasing and evolving cybersecurity threat landscape, cybercriminals are becoming more and more creative. The greatest threat vector to any organization is through their employees. Acts don’t have to be malicious to cause great harm to an organization. An
In light of the legal and ethical obligations that lawyers face to protect their clients’ data, defining the exact scope of what those protective measures are can often be challenging. In some cases, statutes and regulations define that standard in terms of positive results to be achieved, such as ensuring
While some states consider an IRA to be exempt resource, in most states this type of asset is countable and must be spent down. This may leave clients facing the complicated question of how to best spend down their retirement accounts. If the client chooses to liquidate the retirement account,
