Planning Notes

Via this blog we address fundamental concepts and issues relevant to estate planning law (will, trust, probate, asset protection), business law (LLC), real estate law, & tax law. Published by Douglas K. Cook & Steven W. Cook.

ALTCS Eligibility in 2016

September 1, 2016

The Arizona Long-Term Care System (ALTCS) is Arizona's implementation of the Medicaid program, which can pay nursing home costs for people that meet certain medical, income, and resource requirements. Read More»

Treasury Issues Proposed Regulations to Restrict Minority Discounts

August 3, 2016

The U.S. Department of the Treasury recently issued proposed regulations which could substantially reduce or eliminate minority discounts often associated with federal estate tax planning. Read More»

Prince Estate: The Importance Of Having A Will

July 18, 2016

Prince’s lack of planning could cost his estate up to half of its estimated $300 million worth. Read More»

Before You Travel This Summer, Don’t Forget These 5 Estate Planning Must Dos

May 26, 2016

Before you travel, there’s one thing I can almost guarantee — estate planning is the furthest thing from your mind. Read More»

Candidates' Proposed Estate Tax Plans

April 26, 2016

Under current law, estates worth $5.45 million or less are exempt from federal estate tax. Read More»

Bernie Sanders' Estate Tax Plan

April 14, 2016

The Sanders bill would exempt the first $3.5 million on an individual’s estate from estate tax and would include a maximum marginal tax rate of 65%. Read More»

Can The FBI Make Apple Rewrite iOS?

March 18, 2016

The president  —  our Law Professor in Chief  — has to know the DOJ is on shaky ground. He’s probably got this rule of statutory construction rolling around in his mind as he watches college basketball this week: Specific statutes trump general ones. Generalia specialibus non derogant. Read More»

4 Federal Trademark Benefits

January 10, 2016

One of the most common questions people ask trademark attorneys is: Why should I apply for federal trademark registration — what benefits does it provide? Read More»

Passing Values, Not Just Money, via Incentive Trusts

November 2, 2015

It's one of the deepest felt concerns. How can you pass your values onto your children and grandchildren even if you pass away earlier than you expect? Read More»

Kids Off to College? It Might Be Time for an Estate Plan Update

September 28, 2015

Did you recently send one or more of your kids off to college? If so, it might be time for an estate plan update in order to protect both them and you. Read More»