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Home / Archives for Life Insurance

Listen to “Your Estate Matters” tomorrow morning (Tuesday) @ 8:50 a.m. on WNAV Radio

December 30, 2013 by Sinclair Prosser Gasior

  Make sure to tune in to WNAV Radio on 1430 AM or 99.9 FM on Tuesday mornings at 8:50 a.m.  for YOUR ESTATE MATTERS!  Attorneys Colleen Sinclair Prosser and Nicole Livingston relate cutting edge estate planning information.  The topic tomorrow is "New Year Resolution" by Attorney Colleen Sinclair Prosser … [Read more...] about Listen to “Your Estate Matters” tomorrow morning (Tuesday) @ 8:50 a.m. on WNAV Radio

Filed Under: Beneficiary Designations, Estate Administration, Estate Planning, Funeral Planning, Healthcare Directives, Life Insurance, Living Trusts, Trusts, Wills Tagged With: Incapacity Planning, Inheritance Planning, Living Wills, Medical Directive, Powers of Attorney, Revocable Living Trust

The Importance of Using LIfe Insurance in an Estate Plan

November 25, 2013 by Sinclair Prosser Gasior

Life insurance is a unique asset.  Because of its tax-favored benefits, it can be used to solve some of life’s perplexing financial problems.  Most people regard life insurance as a “protective” asset, and it is indeed one of the very best assets to protect against potential losses.  But life insurance is also a major planning asset to develop and implement your financial and estate plan. When … [Read more...] about The Importance of Using LIfe Insurance in an Estate Plan

Filed Under: Estate Administration, Estate Planning, Estate Tax, Funeral Planning, Individual Retirement Accounts (IRAs), Life Insurance, Probate, Taxes Tagged With: Asset Protection, Estate Taxes, Executor, Inheritance Planning

The Importance of Life Insurance in an Estate (Audio) YOUR ESTATE MATTERS

November 21, 2013 by Sinclair Prosser Gasior

  "The Importance of Life Insurance in an Estate" by Attorney Colleen Sinclair Prosser … [Read more...] about The Importance of Life Insurance in an Estate (Audio) YOUR ESTATE MATTERS

Filed Under: Estate Administration, Estate Planning, Funeral Planning, Life Insurance, Personal Representative Tagged With: Estate Plans that Work, Executor, life insurance

Immediate Steps You Should Take When a Loved One Dies

April 25, 2013 by Sinclair Prosser Gasior

In my law practice I counsel many people when a loved one has died.  Often there is confusion as to the responsibility of who to notify and when.  I would like to take a moment to touch on some recommended steps that should be taken when a death occurs. If you are alone, telephone a friend who can spend the next few hours with you.  Shock and trauma can bring on unexpected emotions.  Notify … [Read more...] about Immediate Steps You Should Take When a Loved One Dies

Filed Under: Estate Administration, Estate Tax, Funeral Planning, Life Insurance Tagged With: Estate Taxes, Inheritance Tax

Business Succession Planning

December 19, 2012 by Sinclair Prosser Gasior

   Krispy Kreme and Wal-Mart have a lot in common.  Die-hard fans line up in front of their locked doors the night before grand openings, licking their lips for a puffed up glazed doughnut or a bargain that can set the neighbors talking over the fences.  But what do these two incredibly successful businesses and the families that started them have that sets them apart? Sam Walton, founder of … [Read more...] about Business Succession Planning

Filed Under: Advanced Estate Planning, Business Succession Planning, Buy-Sell Agreement, Estate Tax, Income Tax, Life Insurance, Taxes Tagged With: Asset Protection, Estate Taxes, Inheritance Planning

Your Estate Matters – Audio

December 18, 2012 by Sinclair Prosser Gasior

    "Business Succession Planning" by Attorney Colleen Sinclair Prosser … [Read more...] about Your Estate Matters – Audio

Filed Under: Business Succession Planning, Buy-Sell Agreement, Estate Planning, Estate Tax, Income Tax, Life Insurance, Tax Relief, Taxes Tagged With: Asset Protection, Estate Taxes

Your Estate Matters – Audio

October 25, 2012 by Sinclair Prosser Gasior

  "International Estate Planning" by Attorney Paula M. Mattson-Sarli … [Read more...] about Your Estate Matters – Audio

Filed Under: Estate Planning, Income Tax, Life Insurance, Living Trusts, Probate, Taxes

Pay Attention to your Beneficiary Designations

October 17, 2012 by Sinclair Prosser Gasior

  Many assets in an estate will avoid probate because a beneficiary has been designated on the account.  Such assets are life insurance, annuities, IRAs, 401(k)s, Thrift Savings Plans.  Two recent Supreme Court cases highlight the importance of updating the beneficiaries of these assets as life changes occur. A Federal law, commonly referred to as ERISA, governs employer benefit plans even if … [Read more...] about Pay Attention to your Beneficiary Designations

Filed Under: Estate Administration, Estate Planning, Life Insurance

Your Estate Matters – Audio

October 16, 2012 by Sinclair Prosser Gasior

   "Pay Attention to Your Beneficiary Designations" by Attorney Colleen Sinclair Prosser … [Read more...] about Your Estate Matters – Audio

Filed Under: Estate Administration, Estate Planning, Life Insurance Tagged With: Retirement Planning

What is an ILIT (Irrevocable Life Insurance Trust) and why would you want one?

September 21, 2012 by Sinclair Prosser Gasior

If you own life insurance, congratulations!  Sadly, most of us put off this critical element in our family’s financial planning, which may have devastating consequences on the loved one left behind. You probably know why life insurance is so important.  Young families need it to replace part of the breadwinner’s income.  Mature Americans find it provides their heirs with a source of funds to … [Read more...] about What is an ILIT (Irrevocable Life Insurance Trust) and why would you want one?

Filed Under: Advanced Estate Planning, Estate Planning, Estate Tax, Life Insurance, Taxes, Trusts Tagged With: Estate Taxes

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5 Stars

We initiated estate planning following a presentation by Sinclair Prosser Attorney Jon Gasior. We were so impressed, we contracted with them to complete our estate planning. Subsequently, we assembled information on our assets and Sinclair Prosser Gasior did the rest. Correspondence was communicated to our financial institutions and the estate was established. We were very pleased with the courteous manner of the Sinclair Prosser Gasior staff. However, it was their professionalism that made us satisfied we chose this firm to handle our estate. We have nothing but praise for Sinclair Prosser Gasior .

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