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What Is Portability and Can I Use It with My Farm?

One of the most overlooked and misunderstood tax laws – available to married farming couples – is an opportunity called portability.
05/13/22 • by: Graber & Johnson Law Group, LLC
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Why Is Communication Important in Estate Planning?

For most families, the estate planning process is more involved than simply naming beneficiaries. While the primary goal of estate planning is transferring assets in an orderly and tax-efficient manner, it’s just as important to focus on preserving wealth across generations.
05/12/22 • by: Graber & Johnson Law Group, LLC
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What Is Federal Estate Tax Exemption, and Does It Matter?

The federal estate tax exemption and gift exemption is presently $12.06 million. A married couple can transfer $24.12 million to their children or loved ones free of tax with proper planning. The exemption is tied to inflation, so it will continue to rise.
05/11/22 • by: Graber & Johnson Law Group, LLC
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Can I Protect My Inheritance from Divorce?

Your dad bequeathed you a generous sum of money on his passing. Those gifted and inherited assets, in many instances, will be considered ‘separate property,’ not marital property. That might mean that they might not be subject to division, if you divorce. However, perhaps you want to backstop that hoped for result to make the protection more likely to stick if your marriage doesn’t work out.
05/10/22 • by: Graber & Johnson Law Group, LLC
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Is Bitcoin Part of an Estate?

Have you thought about what will happen to your bitcoin when you die? For many of us, the thought has at least crossed our mind.
05/09/22 • by: Graber & Johnson Law Group, LLC
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Is Your Incapacity Plan in Place?

You may lose the ability to manage your own affairs as you grow older. Therefore, it’s necessary to have an incapacity plan in place.
05/06/22 • by: Graber & Johnson Law Group, LLC
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How to Get Started on an Estate Plan

The Covid-19 pandemic has increased Americans’ awareness of the need to have a will, living trust or other similar end-of-life document prepared.
05/05/22 • by: Graber & Johnson Law Group, LLC
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What Does a Will Do and Not Do?

Everyone needs a will. However, some people need more than that. To save on taxes and make for a smooth transition, they could really use a revocable trust, a family limited partnership or a gift trust.
05/04/22 • by: Graber & Johnson Law Group, LLC
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Just What Is in an Estate Plan?

Unfortunately, death doesn’t just happen to other people. We should all get our affairs in order, so that our loved ones can focus on grieving and moving on once we pass.
05/03/22 • by: Graber & Johnson Law Group, LLC
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What Estate Planning Documents are Used to Plan for Incapacity?

One of the most important estate planning documents for all persons over the age of 18 to consider is a durable power of attorney.
05/02/22 • by: Graber & Johnson Law Group, LLC
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Hugoton, KS 67951

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701 Vilymaca St., PO Box 450
Elkhart, KS 67950

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