Author Archives: Site Administrator
How to Find the Right Trustee for Your Estate
Understanding the steps that you can take to protect yourself can give you a great deal of peace of mind about approaching the estate planning process. If you have established a trust to protect a substantial estate as well as your beneficiaries from the downsides of probate, this is a crucial planning step that… Read More »
How to Plan for Your Estate After a Crisis Hits
Any person knows that it’s much easier to plan for a potential problem than to try to respond in the moment. That’s because the benefits of planning kick in with things like insurance policies and estate plans. When a crisis hits and you need to make decisions quickly, having previously articulated some of your… Read More »
Estate Planning Only for the Wealthy? Think Again.
Estate planning certainly has major benefits for anyone whose estate is over and beyond a certain point. However, falling for the belief that estate planning is only for the wealthy could end up costing you down the line. It may provide fodder for arguments between your loved ones and confusion after you pass away…. Read More »
High School Graduates Need Estate Planning, Too
In the flurry of preparing for moving off to college and enjoying summer activates like graduation parties, it’s easy to neglect the legal consequences of failing to have documents in place as your child prepares to go off to a higher education in the fall. However, once a child reaches age 18, they are… Read More »
Should You Consider Using a Charitable Lead Trust?
Do you want to leave behind a legacy for charity in addition to accomplishing your estate planning goals? If so, read on to learn more about the options available with a charitable lead trust. A family that intends to give to charity while also minimizing estate and gift taxes should consider all possible strategies… Read More »
Do You Have Inherited Assets? Estate Planning is Even More Important
Estate planning can be complicated no matter who you are, but knowing how your assets and investments will be divided among your beneficiaries after passing on can give you a lot of peace of mind and it can also decrease your stress level about the potential pitfalls that your beneficiaries might have to cope… Read More »
Nursing Homes Versus In-Home Care
Geriatric facilities in general are moving away from providing long term care beds and are instead increasing the number of rehabilitative beds offered. This is largely due to financial reasons since Medicare will pay up to $600 per day for rehabilitative bed whereas Medicaid will only pay approximately $125 per day for a long-term… Read More »
Parents of Special Needs Children Must Incorporate Advanced Estate Planning
Having a proper plan for the purposes for your estate is critical for any family, but it is even more important for someone who has a special needs dependent. Any mistake made along the process could jeopardize the child’s future. It is important to consult with an experienced attorney who has years of experience… Read More »
Why You Need to Maintain Communication in the Estate Planning Process
Even if you have taken the necessary steps to schedule a consultation with an estate planning attorney, and to keep all of your documents in one place with clear instructions, you could be making one of the biggest mistakes in the estate planning process by stopping there. Most individuals fail to communicate their wishes… Read More »
The Benefits of Having an Evolving Power of Attorney
A power of attorney is a basic instrument that is used to authorize another individual to act on your behalf in a business, legal or medical matter. Typically, a power of attorney only kicks into action when you become incapacitated and are unable to make these decisions by yourself. The powers that are conveyed… Read More »