An estate plan is something each of us needs in our lives to ensure that we are protected against any circumstance. Unfortunately, for the majority of Americans today, research continues to tell us that they have not begun to complete the estate plan that they need. When you have Continue reading
Category: Blog
5 Trust Funding Dos and Don’ts In The New Year
Do you have an estate plan right now or are you considering creating one this year? Does it include trust planning? Trust agreements can be a powerful tool in your estate planning arsenal. Depending on the type of trust you create with your estate planning attorney there are many Continue reading
Is Planning for LTC at the Top of Your List of New Year’s Resolutions?
How did you choose your New Year’s Resolutions this year? Did you focus on personal goals such as improving your health or exercising more? Did you consider setting fiscal goals? Do you plan to commit to spending more time with family and friends? New Year’s Resolutions are personal Continue reading
Ways in Which A Spendthrift Trust Can Preserve a Child or Grandchild’s Inheritance
Did you know a spendthrift trust can be established for the benefit of a person who is often unable to control his or her spending? A spendthrift trust gives an independent trustee full authority to make decisions as to how the trust funds may be spent for the benefit of the beneficiary. Continue reading
Tips on How to Talk to an Aging Loved One About Their Driving
During the holidays, many of us have the opportunity to spend more time with our loved ones who we do not regularly have the chance to visit. This often includes our parents and grandparents, who no longer live close to us. As you spend time together, are you worried about an older Continue reading
Mediation: It’s Not Just for Child Custody Issues
Mediation is a form of conflict resolution in which feuding parties attempt to settle their differences with the assistance of a trained third-party, known as a mediator. It’s a preferred, and sometimes mandatory, method for addressing child custody disputes, but the process is also Continue reading
Is Traditional Medicare Worth It?
In order to decide if traditional Medicare is worth it,
the senior citizen must first confirm that the Alternative Medicare Advantage plan to be provided within his or her geographic territory can provide satisfactory health care. This is because a Medicare Advantage plan is owned Continue reading
4 Ways to Help an Aging Parent with Estate Planning
Did you realize that more than half of Americans either lack an estate plan, or have one that is out-of-date? That is taking an enormous, and unnecessary, risk. Why? The reason is simple. If you do not decide how to protect and pass on your wealth, then the state can, and your loved Continue reading
How Could the Secure Act Impact Your IRA-based Estate Planning?
Did you know that bequeathing Individual Retirement Accounts (IRAs) is becoming more prevalent? This may be because the Baby Boomer generation is the first generation that has created retirement wealth in IRAs.
The proposed SECURE Act, however, may require the IRA owner to make some Continue reading
Do I Need An Estate Planning or An Elder Law Attorney?
Often, when clients come to us, one of the first questions they ask is “What is the difference between Estate Planning and Elder Law?”
While this question may seem simple, whether a client needs Estate Planning or Elder Law, legal services depends greatly on each client’s unique set Continue reading