WELCOME TO OUR ESTATE PLANNING & ELDER LAW BLOG
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...
Stay In the Know About Health Documents
When people think of estate planning, they tend to focus on such big-ticket items as wills and trusts and the distribution of assets. But just as important when it comes to securing your and your family’s peace of mind is the question of health documents. Whether it’s...
Can You Still Retire Comfortably On A Million Dollars?
Once upon a time, amassing a million dollars for retirement meant that your golden years would be very golden indeed. But what about now—is a million dollars still enough money to enjoy a luxurious retirement? The good news is that more than 20 million people in the...
Estate Planning Checklist: The Most Important Things to Do Before the End of The New Year
Whether you’re preparing your estate plan for the first time or are simply attending to important updates, estate planning needs to be a part of your year-end routine. Your estate plan is an organic set of documents that grows as you do. In a perfect world, you would...
Begin on the Right Path of Passing Down Your Business
The business you own probably comes with a lot of history. If you started it, you may have intended to pass it down for generations or perhaps the business was originally passed down to you. However, you came into the position you are in now, it is so important to...
What is a Pour-Over Will and How is It Used?
A pour-over will is a type of last will and testament typically used in trust-based estate planning. Unlike a traditional will, which directs how your property will be distributed to beneficiaries, a pour-over will states that assets not funded into your revocable...

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