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Mackay Dressler Law Firm

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Can You Turn Down an Inheritance?

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When people think about receiving an inheritance, they usually picture an unexpected financial windfall or a cherished family heirloom. Society teaches us to view any inheritance as a gift, and the automatic assumption is that everyone will gladly accept it. However, life is rarely that simple. In the real world, receiving an inheritance can come […]

Using Values in Estate Planning

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  Your legacy encompasses more than your financial assets; it also includes the values you modeled, the priorities you set, and the intentions you formalized during your lifetime. Additionally, the stories you share and the traditions you maintain contribute to your values legacy. Your values legacy can help you determine the best way to build […]

What Happens If You Become Mentally Incapacitated Without an Estate Plan?

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  Hey there, Bridget MacKay from MacKay Dressler Law Firm. Today, I want to talk a little bit about incapacity and what happens if you become incapacitated. And I’m going to use the example of a sudden stroke because those are often not predicted, and you end up on the other side of it needing […]

Protect What You Leave to Your Heirs

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  If you want your money to go to the people you choose and avoid unnecessary tax losses, consider how your assets are structured and which planning tools you implement. These factors can significantly affect how much of your estate is preserved and reaches your intended beneficiaries. Because different assets are treated differently under the […]

How Often Should I Update My Estate Plan?

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An estate plan is not a set-it-and-forget-it document. Many people assume that once they sign their paperwork, their legacy planning is complete forever. In reality, your life changes, tax laws evolve, and your financial situation shifts over time. An outdated estate plan can be just as dangerous as having no plan at all. It can […]