We sometimes view estate planning as a one and done proposition. Keep in mind, our lives change and so must our plans. If it has been several years or more since you have signed your estate planning documents, then it is possible that the plan won’t achieve your goals. Periodically reviewing your plan with an...
In most families, parents choose to leave their estate equally to their children. But sometimes, parents intentionally choose to disinherit a child and cut them out of their estate completely. You may have, what you believe to be legitimate reason to do this: one child is more financially successful than the others; not wanting a...
Trusts can be great estate planning tools to protect assets, avoiding probate, saving legal costs and a whole host of other reasons. But did you know many Trusts fail? This is probably not something you want to hear after the time, effort, and expense you put into creating the Trust. But it’s true. Trusts can...
Imagine for a moment a parent who has cared for you, was the best teacher you ever had in life, was an example as to how to be a spouse/parent to your own family, was self-reliant and never asked for any help. Today she cannot take care of herself or even recognize who you are. ...
World Elder Abuse Awareness Day is June 15th, so let’s talk about financial abuse against aging individuals – an issue that costs this population billions of dollars every year. Common types of Scams Targeting the Aging Population Technical Scams Along with the pandemic and resulting quarantine, members of our aging population have been isolated more...
As they say, if there is one thing that is constant in life, it is change. Whether your marriage was short term or long-term, anyone who has been divorced or is in the process of going through a divorce, will tell you is a time of immense change. It is imperative that your estate plan...
With an estimated 40 million Americans 65 years or older, our nation is growing older, living longer, and we have fewer resources for long-term care. As we age, we often face a broad range of complex legal concerns. The importance of planning for one’s future needs is essential. What is Elder Law? An Elder Law...
When clients come to us wanting to protect their primary home, one of the tools we use is the Declaration of Homestead. These are the common questions we are asked about the homestead declaration, and how it can help our clients achieve their goals. What is a homestead? A homestead refers to the Homestead Act,...
For many seniors living alone or who have lost their spouse or life partner, adding an adult child as a signer to your bank account seems like a good idea. You might be worried that if you become sick or unable to manage your own affairs that your bills will go unpaid and the thought...
A key part of effective retirement and estate planning includes an assessment of your potential benefits. In this informative webinar, our panel of experts will explore basic benefits at the federal, state, and local level to ensure you’re taking advantage of all that you may be entitled to receive. Introduction to the webinar and to...
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