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Davis Schilken, PC

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Month: December 2021

Untangling Tangled Titles: Homeownership, Property Deeds, and Estate Planning

Posted on December 21, 2021 | by Davis Schilken

Do you really own the home you live in?

If you are currently living in a property that you inherited but the deed has not been transferred into your name, you may be surprised to learn that, under the law, you are technically not the owner. This legal situation is known as “tangled Continue reading →

Posted in Uncategorized

Slayer Statutes: Preventing Killers from Profiting from Their Crimes

Posted on December 16, 2021 | by Davis Schilken

Most states have laws that prevent someone who has intentionally killed another individual from being able to inherit any property from their victim.[1] In general, these laws are referred to as “slayer statutes” and are designed to prevent the patently unjust outcome of a killer Continue reading →

Posted in Uncategorized

Qualified Personal Residence Trust: What Is It and When Should You Consider One?

Posted on December 8, 2021 | by Davis Schilken

Americans have enjoyed historically high estate tax exemption rates for most of the last twenty years. Such high exemption amounts have kept many of them from needing to seek out more advanced estate planning strategies to avoid estate taxes, which have been as high as 60 percent Continue reading →

Posted in Uncategorized

Are Family Limited Partnerships under Attack?

Posted on December 2, 2021 | by Davis Schilken

A popular estate planning tool that has long been used effectively may be facing new challenges under the current administration in Washington, DC. The family limited partnership (FLP) is an estate planning tool that allows families not only to transfer significant amounts of their Continue reading →

Posted in Uncategorized

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