InSight Law

Estate Plan Lawyer in Ashburn Explains Intrafamily Loans - Insight Law

Intrafamily loans can be an effective strategy for families to transfer wealth to the next generation, but they also have potential pitfalls and risks that must be considered and mitigated. Basically, intrafamily loans can be an incredibly effective tool to help create capital for families and successfully maintain and build wealth for future generations, but they must be completed with rigorous attention to detail. Learn more here: https://insightlaw.net/estate-plan-lawyer-in-ashburn-explains-intrafamily-loans/

Estate Plan Lawyer in Ashburn Explains Intrafamily Loans - Insight Law Intrafamily loans can be an effective strategy for families to transfer wealth to the next generation, but they also have potential pitfalls and risks that must be considered and mitigated. Basically, intrafamily loans can be an incredibly effective tool to help create capital for families and succe...

New blood test shows great promise in the diagnosis of Alzheimer's disease

Estate planning necessitates a level of long-term thinking and contemplation of what the future holds. This article highlights an incredible advancement in the medical community's ability to properly predict and diagnose Alzheimer's Disease. Let us hope the advancements continues in the diagnosis and treatment of debilitating chronic conditions that routinely rob people of the enjoyment that should be associated with their golden years. https://www.sciencedaily.com/releases/2020/07/200729114404.htm

New blood test shows great promise in the diagnosis of Alzheimer's disease A new blood test demonstrated remarkable promise in discriminating between persons with and without Alzheimer's disease and in persons at known genetic risk may be able to detect the disease as early as 20 years before the onset of cognitive impairment, according to a large international study.

From Everyone at InSight Law, we wish you the happiest of holidays and a prosperous new year.

3 Ways To Capture Tax Deductions And Increase Charitable Giving

Good tips. https://www.forbes.com/sites/juliacarlson/2021/12/15/3-ways-to-capture-tax-deductions-and-increase-charitable-giving/?ss=wealth-management&sh=7746fbdd435f

3 Ways To Capture Tax Deductions And Increase Charitable Giving This holiday season, while we’re creating fond memories with our families, it can also be the time we look for ways to give back to others. Understanding the available tax benefits might encourage giving more to our favorite non-profit.

When it comes to a will or estate plan, don't just set it and forget it. You need to keep them updated

Great article highlighting the importance of meaningfully maintaining your estate plan. https://www.cnbc.com/2021/12/07/its-essential-to-review-your-will-or-estate-plan-every-few-years.html

When it comes to a will or estate plan, don't just set it and forget it. You need to keep them updated There are various life events that should spur a review of your will and other end-of-life planning documents.

Easy Holiday Gift Ideas To Bring Cheer Amidst Supply Chain Issues

If you are having trouble finding gifts this holiday season due to the myriad supply chain issues, take a moment to read this helpful article.
http://ow.ly/xuvE50HcMik

Easy Holiday Gift Ideas To Bring Cheer Amidst Supply Chain Issues Need gift ideas that aren't impacted by the supply chain? Read on to learn more.

Insight Law_Lifespan of Plans that Work_v1

Bobby recently released a brand new video discussing InSight's innovative methods to estate planning. Check it out here. https://vimeo.com/631496975

Insight Law_Lifespan of Plans that Work_v1 This is "Insight Law_Lifespan of Plans that Work_v1" by Katia Kianpour on Vimeo, the home for high quality videos and the people who love them.

Council Post: New To Financial Planning? 16 Experts Share Tips To Get You Started

http://ow.ly/N5Ku50GcexW

Council Post: New To Financial Planning? 16 Experts Share Tips To Get You Started Careful planning is essential for financial health—and it's not just about saving for retirement.

Estate Planning in 2 Minutes - Overview of a Trust

https://www.youtube.com/watch?v=Kj7pjRtFB7g

Estate Planning in 2 Minutes - Overview of a Trust Bobby Feisee, an experienced trust and estate planning attorney in Ashburn, VA, provides an overview of a trust and why it is so important for you to have on...

What Is a Letter of Engagement?

http://ow.ly/o3I150Gcewr

What Is a Letter of Engagement? This document spells out the relationship between financial planner and client.

Primary Wave recently acquired the majority of shares in Prince's estate. Considering Prince's history with large corporations (i.e. Warner Bros.) it is reasonable to assume he would not want a large corporation managing his estate assets. This is why you need an estate plan.

Client Testimonial - I Know My Family is Taken Care Of

http://ow.ly/LSVw50Fshyh

Client Testimonial - I Know My Family is Taken Care Of The team at InSight Law works to ensure you have the peace of mind in knowing your family will be taken care of when you pass on, or suddenly become incapaci...

What To Do If a Loved One Becomes Disabled

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What To Do If a Loved One Becomes Disabled In this video, Bobby provides an overview of the steps you need to take if a loved one becomes disabled or incapacitated.

Britney Spears’ Legal Battle: What Is a Conservatorship and What Does It Mean for Your Finances?

Great article explaining what a conservatorship is and how it is traditionally used for people who suffered significant cognitive decline (e.g., dementia). It is not typically used for a healthy young woman generating millions of dollars. http://ow.ly/epe550FshAH

Britney Spears’ Legal Battle: What Is a Conservatorship and What Does It Mean for Your Finances? The legal battle unfolding between Britney Spears and her father has highlighted a little-known court proceeding.

Covid-19 Forced Many Unprepared Young Adults to Deal With Their Parents’ Estates

If you are putting off creating an estate plan, this article highlights just one of the many reasons why you need to take action now, not tomorrow. https://on.wsj.com/338haCv

Covid-19 Forced Many Unprepared Young Adults to Deal With Their Parents’ Estates Sudden and unexpected deaths have left millennials and others in an unfamiliar world of uninventoried assets and probate attorneys.

Biden Tax Plan’s Potential Impact on Your IRA

With potential tax increases looming, it may make sense to convert your traditional retirement account to a Roth IRA. Why? Because the amount you pay in income tax on the transfer could be at a lower tax rate today than what you pay in retirement.
http://ow.ly/q4cE50ECCmZ

Biden Tax Plan’s Potential Impact on Your IRA With the top rates expected to rise under the President Biden’s proposed tax plan, changes before the law changes—such as a Roth conversion—can help many people reduce income-tax bills in retirement.

Death and Taxes: Biden Wants to Step Down the ‘Step-Up’ on Investment Gains

Under President Biden's proposal, the untaxed gains on investments held when someone passes away could be taxed at a rate close to 39.6 percent, with a $ 1 million exemption for individuals and a $2.5 million exemption for married couples.
http://ow.ly/KIbD50ECwu9

Death and Taxes: Biden Wants to Step Down the ‘Step-Up’ on Investment Gains The new administration’s proposal would curtail a longstanding tax exemption for investment appreciation, a potentially significant tax hit to wealthy Americans when they die.

Which Trust is Best for Leaving a Portion of Your Estate to a Charity? - InSight Law

When planning your estate, you may want to leave some money to a charity you support. If you are charitably inclined, there are two types of trusts you should consider: (i) the charitable lead trust & (ii) the charitable remainder trust.
http://ow.ly/pwt550Eray4

Which Trust is Best for Leaving a Portion of Your Estate to a Charity? - InSight Law When planning your estate, you may want to leave some money to a charity you support. If you are charitably inclined, there are two types of trusts you should consider utilizing to protect yourself from excessive taxation and maintaining the value of your future charitable donation. The two trust op...

Estate Planning Mistake To Avoid - Failing to Properly Fund Your Trust

https://www.youtube.com/watch?v=KA_e1LITAbY

Estate Planning Mistake To Avoid - Failing to Properly Fund Your Trust Bobby Feisee, an experienced trust and estate planning lawyer practicing in Ashburn and McLean, Virginia, explains why it is so important to have a properly ...

Client Testimonial - I Know My Family is Taken Care Of

https://www.youtube.com/watch?v=mJyNF7o2TnQ

Client Testimonial - I Know My Family is Taken Care Of The team at InSight Law works to ensure you have the peace of mind in knowing your family will be taken care of when you pass on, or suddenly become incapaci...

Worried about Passing Down a Big IRA? Consider a CRT | Kiplinger

Really good article discussing the benefits associated with charitable remainder trusts.
http://ow.ly/eyBI50DQFJi

Worried about Passing Down a Big IRA? Consider a CRT | Kiplinger Charitable remainder trusts give you more options and more control on how your heirs inherit now that the “stretch” IRA is a thing of the past.

Happy St. Patrick's Day! Stay safe and have fun!

InSight Law Annual Client Meeting - February 27, 2021

http://ow.ly/AKv950DQFEN

InSight Law Annual Client Meeting - February 27, 2021 The Annual Client Meeting is a key component of the Insight Law Maintenance Program. Our firm hosts these meetings to ensure we stay connected with our clien...

International Women's Day 2021 theme: Choose to Challenge

We are proud to celebrate International Women's Day and the social, economic, cultural, and political achievements of women across the globe. This day also marks an important call to action for accelerating women's equality.

https://www.internationalwomensday.com/

International Women's Day 2021 theme: Choose to Challenge International Women's Day 2021 theme is 'Choose to Challenge' - |

Council Post: Everyone Needs An Estate Plan: Here's What You Need To Know

Great article highlighting the fact that everyone needs an estate plan. http://ow.ly/vVWO50DQFqY

Council Post: Everyone Needs An Estate Plan: Here's What You Need To Know Estate planning is typically rife with mistakes, but the biggest misstep is not establishing an estate plan at all.

If you want to learn the truth about estate planning, register for our free webinar taking place on February 3rd at 10:00am EST. You can RSVP on this page: http://ow.ly/mG8O50D4LiN

Client Testimonial - This is a Firm that Cares About You

https://www.youtube.com/watch?v=IrsbidNDYEE

Client Testimonial - This is a Firm that Cares About You The InSight Law team treats each client like they are a member of the family. When you hire InSight Law to handle your trust and estate needs, you are not en...

5 strategies for estate planning to get you started protecting your family and funds

Great tips. Definitely worth your time. https://www.businessinsider.com/estate-planning-strategies

5 strategies for estate planning to get you started protecting your family and funds These five estate-planning tips can be crucial in safeguarding and transferring your assets, and avoiding estate taxes after your death.

How Successful Law Firms Really Work

Proud to announce that Bobby Feisee's book on law practice management, which he co-authored with David Ginsberg, was officially published by the American Bar Association. Congrats Bobby! http://ow.ly/zoxO50D9RB0

How Successful Law Firms Really Work Helping lawyers at all levels of law firm management create and implement business strategies, each chapter provides an easy-to-follow overview of a key aspect of law practice management, with action…

Learn the truth about estate planning by registering for our free online webinar taking place today at 10:00am EST.
https://insightlaw.net/events/the-truth-about-estate-planning

Op-ed: Moving to a new state? If so, make sure those estate plans have been updated

If you are planning to relocate in 2021, make sure you take the time to update your estate plan. https://www.cnbc.com/2020/12/14/op-ed-moving-to-a-new-state-make-sure-those-estate-plans-are-updated.html

Op-ed: Moving to a new state? If so, make sure those estate plans have been updated After an interstate relocation, it's important to make sure that your estate-planning documents are in full compliance with your new state's laws.

The InSight Law family hopes everyone has a joyous holiday season. This has been a difficult year, to say the least, so it is especially important to remain positive and embrace the holiday cheer.

Estate Planning Mistake To Avoid - Failing to Properly Fund Your Trust

If you have a trust as part of your estate plan, do not make the common mistake of failing to fund it properly. http://ow.ly/b5mc50CF9Bf

Estate Planning Mistake To Avoid - Failing to Properly Fund Your Trust Bobby Feisee, an experienced trust and estate planning lawyer practicing in Ashburn and McLean, Virginia, explains why it is so important to have a properly ...

Overview of Elder Law - Important Info You Need to Know

As our population ages, the importance of proper long-term planning, especially for the care you may need to receive as you get older or become disabled, is paramount. Learn more about planning for long-term care by watching this video. http://ow.ly/QhqW50CF9Lq

Overview of Elder Law - Important Info You Need to Know Bobby Feisee, president and managing partner at InSight Law, provides an overview of elder law and what it means to represent an aging population. To learn m...

You Were Named the Executor or Administrator of an Estate – What To Expect - InSight Law

If you were designated as the executor or administrator of an estate, this article is a must-read. http://ow.ly/HuWX50CF9jy

You Were Named the Executor or Administrator of an Estate – What To Expect - InSight Law When someone is designated as a personal representative for an estate, their mind is often inundated with questions and concerns about what they are legally obligated to do. In many instances, personal representatives are named an Executor/Executrix or an Administrator/Administratrix. Similarities a...

Perspective | Former Zappos CEO Tony Hsieh died a millionaire, but without a will. Make sure you have one, no matter how much you’re worth.

Many people wrongly assume that all wealthy individuals have detailed estate plans to protect their assets. This is not accurate, as evident by the recent passing of Zappos CEO Tony Hsieh. His story highlights the importance of creating an estate plan. http://ow.ly/ZX0D50CF9W8

Perspective | Former Zappos CEO Tony Hsieh died a millionaire, but without a will. Make sure you have one, no matter how much you’re worth. Hsieh built a company that offered generous employee benefits, including full health-care coverage, free lunches and on-site life coaches. I was surprised someone so thoughtful about creating a great environment for employees would not have his personal affairs in order for his family.

This is certainly a year to be thankful for our friends and family. For InSight Law, we are so grateful to have our client-family and wish everyone has a wonderful Thanksgiving.

Here’s What You Need To Know About The Most-Popular Estate Planning Trusts

http://ow.ly/if4h50C7zNp Fantastic article about popular trust planning tools.

Here’s What You Need To Know About The Most-Popular Estate Planning Trusts Trusts are essential to many estate plans, but few people understand them well enough.

Demystifying The Estate Plan

http://ow.ly/QKH350C7zAS Great article that helps simplify some of the supposed "complex" aspects of estate planning.

Demystifying The Estate Plan Many people know that they need an estate plan, but are not quite sure what it actually entails.