Why hire an attorney to draft and supervise the execution of your Last Will and Testament? While there is no question that the internet and bookstores are littered with do-it-yourself legal information, and many people may feel confident they can…
If you are about to send a child off to college, you're probably extremely busy with shopping, buying textbooks, and dealing with other stressful tasks. But there is one more thing you should do to prepare your child; ask your…
There are reasons to hire a professional to help with your long term care insurance claims. One important reason is the possibility of backfiling, which is confusing to most policyholders and their families. What exactly is backfiling? Backfiling is when…
What year should you take your first IRA Required Minimum Distribution (“RMD”)? Is the answer always the year you turn 70 ½? It may not be so simple. Generally, for IRAs, the beginning date of your first RMD is April 1…
What will happen to my business when I’m gone? Does this sound familiar? You have a great idea for a business. You take a huge risk, work 365 days a year with no promise of financial compensation. You sacrifice time…
Do-it-yourself Estate Planning According to a recent study, a large amount of people in need of legal assistance use the Internet instead of consulting with an attorney. But why? The internet provides a faster, easier and lets not forget FREE…
Funds in inherited IRAs are not protected from bankruptcy. Thanks to the U.S. Supreme Court decision in Clark v. Rameker, a key ambiguity in bankruptcy law has been resolved. Unfortunately for those who face bankruptcy proceedings and were hoping to…
Put yourself in the shoes of Sting’s children; your dad is worth $306 million and is one of the most successful musicians in history. You would think you’re set for life, right? According to an interview with Daily Mail the…
It seems like every day there is a new app to make your life easier and less stressful. In fact, if you have a good idea the odds are someone over in Silicon Valley has already turned it into an…
The question, “When should I update my estate plan?” is often asked when creating an estate plan. The answer usually depends on what is going on in your life, but it can also depend on updates in the law and…