"The best-laid plans of mice and men / go oft awry" from Robert Burn's poem "To a Mouse" rings true whenever the U.S. Congress decides to make substantial changes to the federal tax laws.
If you've read our previous blog you know estate planning includes more than just Wills. A proper estate plan utilizes various mechanisms designed to distribute the things you own to the people or organizations you desire when you pass away.
If you are unfamiliar with the highly specialized, seemingly imaginary area of law known as bird law, you're not alone. My own dad, one of the partners here at Peters Law Firm, has no idea what it is. In fact, if you don't watch the show "It's Always Sunny in Philadelphia" you probably have no idea what I'm even talking about. But that's okay, because bird law has absolutely nothing to do with estate planning - it's some made up area of law from a TV show. However, it might help to show the problems that can arise if you don't have a proper estate plan in place in the unfortunate event that something should happen to you.