Your Partner in Law attorneys Rick Gregorek and Ted Hanson take a look at the current state of the economy and job reports and bring you strategies to navigate the current landscape. 

Your Partner in Law attorneys Rick Gregorek and Ted Hanson discuss the heightened need and opportunity for estate planning.  The pandemic has exposed many issues that were unnoticed previously.  The stay-in-place orders, stay-at-home, remote work, social distancing have impacted virtually all of our lives.  Many of you have avoided crucial medical care.  Many of you are suffering by not having proper estate planning for you or a loved one should you fall ill or disabled, or a premature death. Tune into this frank discussion. 

Your Partner In Law attorney's Rick Gregorek and Ted Hanson have a frank discussion on the importance of estate planning during the pandemic.  There are options and opportunities available to you.  Updating your legal documents has never been more urgent than it is today. 

Your Partner in Law, attorney has a conversation with Financial Advisor and Educator Don McDonald.  Tune in for a frank discussion on the financial planning industry and the things you need to understand and be aware of to make wise investment decisions. 

Today, Rick Gregorek and Ted Hanson discuss the potential changes in the tax code from a Biden Administration.  While there is time, you may be able to offset certain future tax increases.  You must act now, before the year ends. 

This week's show discusses the Family Meeting as part of your estate plan, that is of course premised on you having an estate plan.  Attorneys Rick Gregforek and Ted Hanson discuss their experiences and the benefits of the Family Meeting.  Keeping your family in the dark about your estate planning could prove disastrous upon a sudden disability or at your death.  Rick and Ted both highly emphasized the heightened need for Family Meetings for those of you in blended families and have step-children.  

Hosts Rick Gregorek and Ted Hanson discuss the various aspects of the proposed Biden Tax Plan as compared to what is in place presently.  The critical element is what you do with respect to taxes.  Tune in for a frank discussion.  Your Partner in Law's main goal is to provide timely, accurate information to its listeners regarding Estate and Elder Planning, Real Estate, Business Law so that you can make wise informed decisions regardless of the tax code.  Taxes aren't going to go away and they will likely be a political football for the foreseeable future.  How you choose to manage your taxes will be a significant factor in your legacy.  While all of us grumble a bit when paying our taxes, I do believe that the majority understand that taxes are necessary.  But what taxes, who pays the taxes, etc. will be discussed and debated vigorously by both sides of the political aisle.  

And most important of all, taxes are just a part of Estate Planning, there are far more important aspects that need to be addressed.  Privacy, control, carrying out your legacy goals...Establish your plan then maintain it to keep it current and relevant.  

Our thoughts and prayers to all those impacted by COVID-19.  This pandemic will reshape our world and the economies of the world.  It will be incumbent on each of us to understand the "new" paradigm we'll be facing and how they may impact us personally.

This week Your Partner in Law discusses potential tax implications following the election and what you may want to consider now for your estate planning.  Attorneys Rick Gregorek and Ted Hanson discuss an Income Defective Grantor Trust as a tool to reduce estate taxes in a highly efficient manner avoiding gift and estate taxes and well as setting up Generation Skipping Tax Transfers  to eliminate estate taxes on inherited assets for your children.  The law firm of Gregorek and Associates, PLLC offers Free Estate and Elder Law Planning Consultations.  Just call the office at 425-284-3450 or online at www.RJGLegal.com for more information.  Be Safe and Stay Well!