WELCOME TO OUR ESTATE PLANNING & ELDER LAW BLOG
3 Not So Well-Known Estate Planning Facts
Estate planning can be a serious business. After all, the future of your family depends upon it. However, there can be a lighter side to the process as well. People have been making out wills and trusts for thousands of years, and it only stands to reason that estate...
Gen Z Already Has Eyes Set on Retirement
Many members of the so-called Generation Z, despite their young age, are already looking ahead to retirement. Gen Z—encompassing people born from roughly the mid-to-late ‘90s through the early 2010s—have many qualities as a cohort that has led to them having their...
The Importance of a Durable Power of Attorney for Unmarried Couples
If you’re married, you automatically receive certain rights when it comes to estate planning. For example, even if you have failed to draw up a will or make other arrangements for your property, your spouse will be a primary beneficiary of your estate. Similarly, your...
In-Home Care: What you Need to Know Before Hiring a Nurse
When an aging parent needs a little extra daily help, it can be difficult to know exactly how to proceed. In addition to determining the appropriate level of in-home care for your loved one, you need to make sure that you hire a dedicated, caring professional who will...
A Will is a Key Component of Any Estate Plan, But It’s Not Enough
When most people think of estate planning, usually writing out their will comes to mind. While a will can help you accomplish a number of important planning goals, it’s certainly not a complete plan to protect your future. Many people know that a will allows you to...
Will Credit Card Debt Affect My Estate Plan?
Credit card debt can be a significant financial burden during life, but what happens to that debt after death? It's a question that many people may not think about, but it's essential to understand the implications of any outstanding balances on your credit cards....
Stay Up-to-Date on Your Estate Plan
For many people, once they finalize their estate plan, they figure they’re all set. Unfortunately, this is not the case. Things can change quickly in both your personal and financial life and unless you regularly update your documents, you can risk having your...
Could You Benefit from an Irrevocable Living Trust?
When properly designed and implemented, Irrevocable Living Trusts can provide an almost unsurpassed level of asset protection, keeping your assets safe from the high cost of long-term care. And, similar to Revocable Living Trusts, they spare your family the delays,...
Trusts for Your Family: Showing You Really Care this Valentine’s Day
Valentine’s Day is all about showing your loved ones how you feel about them. But rather than buying chocolates or flowers, the best way you can let your family see how much you care is to show them that their future is secure. Setting up a trust is a great way to not...
Estate Planning is a Must Even Without Children
Estate planning isn’t an exciting task—it’s easy to procrastinate, or even decide you don’t need one—especially if you are single, or married without children. You wonder, Why would I need an estate plan if I don’t have anyone to pass my assets down to? But having an...
Should All Your Children Receive Equal Inheritances?
Tis the season of giving and gifting, but should everyone on your list receive the same gift? You weigh different factors, and think about their needs, but what is the right choice? If you have more than one child, you should be asking yourself the same questions as...
Estate Planning After a Divorce
When you go through a divorce, there are so many things that you have to consider. From arranging for the well-being of your children and other loved ones, to dividing up your assets, the divorce process can be a head-spinning ordeal. Therefore, it’s not surprising...
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