Did you know that a trust is a vehicle into which you place assets to be managed by a selected trustee for the benefit of the trust’s beneficiaries? There can be two essential elements to a trust. First, there is the trust itself, which is created through a legal document that identifies the purpose of the trust,... Read More
Now that President Biden has been formally inaugurated as the President of the United States and the Democrats have control of the House and the Senate, have you considered the impact that a new tax plan may have on your estate plans? There may be two potential tax changes that President Biden proposed during his... Read More
If you finally reached the important decision to put an estate plan in place, you may have asked yourself, “How do I choose an estate planning attorney near me?” This can be a good question and a difficult one to answer if you do not know where to begin. A cursory search of local estate planning attorneys may yield a... Read More
Do you think that prenuptial agreements are only for the very wealthy or merely a plot point in movies about dynastic families with multiple properties? The truth is that pre-nuptial agreements can be helpful in many different situations, specifically if you may be getting married again after being widowed or... Read More
Is it important to update your estate plan after remarriage? Yes, even though it may not be the first thing you think about after remarrying, it can be important to update your estate plan as soon as possible after remarriage so that you can help ensure that your family, your assets, and your wishes may be... Read More
Gray Divorce continues to be on the rise in America. A so-called “Gray Divorce” occurs when couples over the age of fifty, including many senior couples, agree to end their marriages later in life. Sadly, Gray Divorce numbers have been steadily increasing for the past several decades, and they come with their own... Read More
Did you know that only 1 in 4 Americans have estate planning, and an alarming number of these Americans are middle-age or older? While this statistic may surprise you, most of us do not realize that we need estate planning as soon as we turn 18 years of age. For the parents of college students this is especially... Read More
The cost of long-term care continues to rise each year. In states across the nation, we have seen increases over the last five years of well over ten to twenty percent in the healthcare industry serving our Older Americans. These costs have risen in a number of areas for Older Americans including, but not limited to,... Read More
Most of us want our day to day activities to be effortless. We do not want complicated processes and procedures to frustrate what should be simple tasks. Instead, we want easy-to-follow directions and a clear path to getting the job done. When you find yourself caring for a loved one, especially a loved one with... Read More
Ensuring your children are happy, healthy, and well-taken care of is a fundamental role of parenting. Another part of that role is choosing a guardian to care for your children in the event of your death. As challenging as it can be to consider a time when you are no longer here to support your children, leaving... Read More
