• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

The Potter Law Firm

North Carolina and Kentucky Estate Planning Attorneys

phone iconNC (704) 944-3245
KY (606) 324-5516
Attend A Free Webinar - KY Attend A Free Webinar - NC/SC THIS IS AN ADVERTISEMENT

KY – Free Emergency Documents For Long-Term Care Providers

  • Home
  • About Us
    • About Our Firm
    • Attorney and Staff Profiles
  • Practice Areas
    • Asset Protection & Business Planning
    • Elder Law & Medicaid Services
    • Estate and Gift Tax Figures
    • Family-Owned Businesses & Farms
    • Incapacity Planning
    • IRA & Retirement Planning
    • Legacy Planning
    • Pet Planning
    • Probate
    • SECURE Act
    • Special Needs Planning
    • Trust Administration
  • Elder Law
    • Coping With Alzheimer’s
    • Emergency Medicaid & Nursing Home Planning
    • Guardianship & Conservatorship
    • Hospice Care
    • Medicaid Planning
    • Nursing Home Planning
    • Veterans Benefits
  • Communities We Serve
    • Kentucky
      • Boyd County
        • Ashland
        • Florence
      • Kenton County
        • Covington
        • Fort Mitchell
        • Independence
    • North Carolina
      • Mecklenburg County
        • Charlotte
        • Davidson
        • Huntersville
  • Resources
    • Definitions
    • DocuBank
    • Elder Law
      • Elder Law Links
      • Elder Law Reports
      • Local Elder Law Resources
        • Ashland Elder Resources
        • Covington Senior Resources
        • Huntersville Elder Law Resources
        • Independence Senior Resources
    • Elder Law Reports
    • Emergency Legal Documents
    • Free Estate Planning Seminars
    • Free Estate Planning Worksheet
    • Frequently Asked Questions
      • Estate Planning
      • Frequently Asked Questions for Families Without an Estate Plan
      • IRA & Retirement Planning
      • Legacy Wealth Planning
      • LGBTQ Estate Planning
      • Medicaid
      • Pet Planning
      • Trust Administration & Probate
    • Is Your Estate Plan Outdated?
    • Kentucky Probate Resources
      • Ashland, Kentucky Probate Resources
    • Newsletters
    • North Carolina Probate Resources
      • Huntersville, NC Probate Resources
    • Reports
      • Advanced Estate Planning
      • Basic Estate Planning
      • Elder Law Reports
      • Estate Planning for Niches
      • Trust Administration
  • Contact Us
  • BLOG
Home » Life Insurance

4 Important Estate Planning Actions Parents of Young Children Need to Take Now

July 11, 2011 by John Potter

Sometimes parents of young children are very motivated to do their estate planning because they want to protect their children and make sure that they’re always provided for.  And, sometimes, parents of young children are overwhelmed by life and have trouble getting around to doing their estate planning.  No matter your life situation, there are 4 important estate planning actions parents of young children need to take. Name guardians in your wills Meet with a qualified estate planning … [Read more...] about 4 Important Estate Planning Actions Parents of Young Children Need to Take Now

Filed Under: Estate Planning for Minors, Life Insurance, Saving for College Tagged With: Estate Planning for Parents of Young Children, Guardians for Minor Children, Life Insurance, Revocable Living Trust

Update Beneficiary Designations NOW!

April 22, 2011 by John Potter

Sometimes beneficiary designations get overlooked during the estate planning process or as life unfolds somewhat chaotically.  Just like the rest of estate planning, beneficiary designations are not a “once and done.”  It is imperative that you ensure your beneficiary designations are in line with your current intent and estate planning documents. Be sure to review and update beneficiary designations, as needed, every three to five years or upon the occurrence of a significant life event.  … [Read more...] about Update Beneficiary Designations NOW!

Filed Under: Beneficiary Designations, Life Insurance Tagged With: 401ks, Annuities, Beneficiary Designations, IRAs, Life Insurance, Retirement Plans

Protecting Life Insurance from Federal Estate Tax

April 15, 2011 by John Potter

No one wants to lose half of the value of their life insurance to the federal estate tax.  But that is exactly what can happen if you don’t plan carefully.  You’re in luck because the federal estate tax is often a voluntary tax.  You volunteer to pay by not planning.  We suggest that you plan and avoid the federal estate tax. Unified Credit – Each individual can pass a certain amount during his lifetime or at death without paying federal estate tax.  This amount is called the unified … [Read more...] about Protecting Life Insurance from Federal Estate Tax

Filed Under: Asset Protection Planning, Life Insurance, Taxes Tagged With: Estate Planning, Federal Estate Tax, Life Insurance

Life Insurance Considerations: Why Term Insurance?

April 8, 2011 by John Potter

Families and businesses use life insurance for a multitude of reasons.  It is often an essential part of an estate plan.  When investing in life insurance, you always have to make the permanent life insurance versus term life insurance decision.  There are many cases in which term insurance is appropriate.  Why?  Read on. Why Life Insurance? Life insurance is used for several purposes: Create an estate Replace income Equalize an estate Pay taxes Fund a buy/sell agreement What’s the … [Read more...] about Life Insurance Considerations: Why Term Insurance?

Filed Under: Life Insurance Tagged With: Life Insurance, Term Insurance

Free Estate Planning Worksheet

There's a lot that goes into setting up a comprehensive estate plan, but with our FREE worksheet, you'll be one step closer to getting yourself and your family on the path to a secure and happy future.
  • This field is for validation purposes and should be left unchanged.

Follow Us

  • Facebook
  • Instagram
  • LinkedIn
  • RSS
  • Twitter
  • YouTube

Testimonials

default image

Overall The Potter Firm was very professional. They took what could of been a very complicated process and were able to break it down so it was a lot easier to understand. We are confident we now have made the right decisions in our estate planning. Good firm to work with.

DKS & KMS Client Review August 28, 2020

default image

John Potter has been a real pleasure to work with. He is very knowledgeable and explains things in a very simplistic manner so the average person can understand how/why the laws are written. He is very attentive and asks questions in such a way that not only helps him understand your goals, but also helps you think about what type of goals and expectations you should be considering. Exemplary client service.

David J. Client Review August 28, 2020

default image

My husband and I selected Ms. Potter to assist with our small business. She responsive and attentive every time I have a question or need assistance, and is extremely knowledgeable and able to answer any legal question I have had. I know I can count on Ms. Potter for all of my business legal needs and I would highly recommend her to anyone needing legal assistance with such.

Jillian Client Review August 28, 2020

<< Prev
Next >>

Where We Are

Ashland

ASHLAND
1620 Carter Avenue
Ashland, KY 41101-7631
Phone: (606) 324-5516
Fax: (606) 324-4766

Charlotte

CHARLOTTE
15720 Brixham Hill Avenue
Suite 300,
Charlotte, NC 28277
Phone: (704) 944-3245

Huntersville

HUNTERSVILLE
11330 Vanstory Drive
Huntersville, NC 28078
Phone: (704) 944-3245

Northern Kentucky

NORTHERN KENTUCKY
7310 Turfway Road
Suite 550,
Florence, KY 41042
Phone: (859) 372-6655

Office Hours

Monday8:30 AM - 4:30 PM
Tuesday8:30 AM - 4:30 PM
Wednesday8:30 AM - 4:30 PM
Thursday8:30 AM - 4:30 PM
Friday8:30 AM - 3:00 PM

Map/Location

potter_sidbr_map

Search

potter law logo
  • Facebook
  • Instagram
  • LinkedIn
  • RSS
  • Twitter
  • YouTube

The information on this website is for general information purposes only. Nothing on this or associated pages, documents, comments, answers, emails, or other communications should be taken as legal advice for any individual case or situation. The information on this website is not intended to create, and receipt or viewing of this information does not constitute, an attorney-client relationship.

Privacy Policy | Terms of Service | Disclaimer | Site Map | Powered by American Academy of Estate Planning Attorneys

© 2021 American Academy of Estate Planning Attorneys, Inc. THIS IS AN ADVERTISEMENT