Firm News and Law Updates
As we approach 2026, many people are looking for ways to protect their wealth and ensure their loved ones benefit as much as possible. One powerful tool in estate planning is the use of Limited Liability Companies (LLCs). LLCs offer flexibility and control, making them a smart choice for families and individuals with significant assets.
Read MoreThe year 2025 is an important one for anyone thinking about estate planning. That’s because some big changes are coming to federal tax laws. Right now, you can give away a lot of money without paying federal gift or estate taxes. But after 2025, the rules will likely change, and that could cost your family more money.
Read MorePlanning for the future is essential, no matter your age. Estate planning helps protect your family, your money, and your wishes. Making an estate plan in West Virginia is easier than you might think. Let’s go over the basic steps.
Read MoreAs a small business owner, you put your heart and soul into building your company. But what happens when it’s time to move on? Whether you are retiring, selling, or passing the business on to your children, you need a plan. That’s where succession and estate planning meet.
Read MoreAt The Skeen Firm, we understand the importance of securing your family’s future. So, let’s discuss estate planning for dual-income families with minor children. Implementing a comprehensive estate plan can help you guarantee that you protect and support your children, no matter what life may bring. Here, we’ll explain the critical components of an estate plan and how it can safeguard your family’s intellectual capital.
Read MoreIf we have heard “I don’t need a trust because I am not rich” once, we’ve heard it a million times. If each time were worth a dollar, we would have a big marketing budget to bust this myth. What is at the core of this misconception? That is hard to tell. What we do know is that a revocable living trust is an excellent estate and long-term planning solution for many.
Read MoreAn essential estate package consists of five documents: a Last Will and Testament, a Durable Power of Attorney, a Durable Healthcare Power of Attorney, a HIPAA Release form and a Final Disposition Instruction sheet.
Read MoreA house and a sound estate plan have tremendous similarities that do not immediately meet the eye. Both are comprised of a firm foundation to build on, solid walls to protect all sides, and a roof to shelter when the proverbial sky is falling. But a house is a legitimate structure and an estate plan is just a bunch of legal documents with no foundation, walls, or a roof. What gives? The analogy unfolds below.
Read More
