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What’s New with 529 Plans?

A type of education savings account called a 529 plan is just one of several tools families can use to prepare for the growing costs of higher education. While these plans can be beneficial for almost anyone since they let funds saved for education compound on a tax-free basis provided they're used for eligible education expenses, individuals who live in states with special tax breaks for contributions tend to fare the best.
04/03/23 • by: Graber & Johnson Law Group, LLC
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Why Do I Need a Will?

Just under half of Americans have a will, according to data from Gallup. J.P. Morgan Wealth Management data suggests that this number may even be lower, especially among Black and Hispanic investors.
03/30/23 • by: Graber & Johnson Law Group, LLC
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What Makes Americans Worry about Estate Planning?

One-quarter of Americans said inflation has caused them to think about estate planning, the survey said. Two out of three Americans said they don’t have any kind of estate planning documents.
03/29/23 • by: Graber & Johnson Law Group, LLC
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Is Extending Required Minimum Distributions a Good Thing?

The first SECURE Act extended the beginning date for taking required minimum distributions from the year after the account owner reaches age 70½ until they reach age 72. Just three years later, ‘SECURE Act 2.0’ has extended this age to 73, and offers a further provision for extending it again, to age 75, beginning in 2033.
03/28/23 • by: Graber & Johnson Law Group, LLC
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Steps for an Effective Pet Protection

Although in the past it may not have been the norm to provide for animals in our estate planning, times have changed.
03/27/23 • by: Graber & Johnson Law Group, LLC
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Corporate Transparency Act May Impact Estate Planning

The new federal law is called the Corporate Transparency Act (the “CTA”). The purpose of the CTA is to create a comprehensive, searchable, national database of companies.
03/24/23 • by: Graber & Johnson Law Group, LLC
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How Should I Handle Memorabilia in My Estate Planning?

Memorabilia collections, by their nature, are specialized and unique. When considering your estate planning, it's important to think about what you require of your beneficiaries — if you’re not planning on selling your collection — and how you can make that process as easy as possible for your family. What will your spouse or children have to deal with as they dispose of the items?
03/23/23 • by: Graber & Johnson Law Group, LLC
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What Should I Ask a Prospective Estate Planning Attorney?

While more than half of Americans believe estate planning is essential, a mere 33% actually have a living trust or will. And one out of three respondents who don’t have a will reason that they don’t think they have sufficient assets to warrant estate planning.
03/22/23 • by: Graber & Johnson Law Group, LLC
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Do I Need a Will If I’m Leaving An Insurance Policy to a Beneficiary?

Estate planning is crucial to leaving your beneficiaries with your possessions as you intend.
03/21/23 • by: Graber & Johnson Law Group, LLC
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Three Ways to Making Trusts Millennial Friendly

If your estate plan benefits Gen Y (also known as Millennials) it’s important to design a trust that supports what makes them thrive.
03/20/23 • by: Graber & Johnson Law Group, LLC
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701 Vilymaca St., PO Box 450
Elkhart, KS 67950

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