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3 Reasons Why You & Your Spouse Need An Estate Plan

3 Reasons Why You & Your Spouse Need An Estate Plan - Estate Plan - Russo Law Group, P.C. People often say that you only need an estate plan if you have a lot of money and/or a lot of assets. That statement is not necessarily true.

Reason 1: An estate plan is also important for medical and simple financial decisions, especially for a spouse in the event of disability or incapacity. It makes the entire process a lot more stress-free and simple for the spouse.

If something happens to me, my spouse will inherit everything I have anyway, so why do I need to make an estate plan?

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Family Comes First: Operation Babylift

Family Comes First: Operation BabyliftOver the past nine seasons of Family Comes First™, we have been blessed to meet amazing individuals and families with extraordinary stories. Often on our show, we like to follow up with a former guest to update our viewers as to where they are now.

On this brand new episode of Family Comes First™, “Operation Babylift,” we reacquaint you with Lana Noone. Lana was on our show back in 2009, during the second season of Family Comes First™.  Lana and her late husband, Byron, were pioneers for international adoption on Long Island, New York in the 70s.

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If There is No Last Will and Testament, Who Will Inherit Your Estate?

Last Will and Testament - If There is No Last Will and Testament, Who Will Inherit an Estate?When it is said that a person has died intestate, it means that they died without leaving a Last Will and Testament. A Last Will and Testament is among the documents we call, “the four must-have legal planning documents.” The other three documents include: Durable Power of Attorney, Health Care Proxy, and Living Will.

The purpose of a Last Will and Testament is to express your wishes and identify who is to receive your property and assets upon your passing. It is imperative to complete a Last Will and Testament if you want to have a say on who receives your assets when you are no longer with us.

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