This originally aired on the Catholic Faith Network’s show CFN Live: https://youtu.be/R7x2k6Tob-c Should you leave assets equally to your children? The easy answer is YES, but it really depends on one’s desires and the circumstances of one’s situation. Dividing up…
Many people believe that joint accounts are a good way to avoid probate and transfer money to loved ones. While joint accounts can be useful in certain circumstances, they can have dire consequences if not used properly. Adding a loved one…
It's that time of year again! The week of October 16th marks National Estate Planning Awareness Week, a great opportunity to remind yourself and your loved ones about the importance of planning ahead for their future and being informed about…
Aging is not easy. It can take a toll on your health and your wallet. Both home care and nursing home care are very expensive. It is not necessary to spend your entire savings, or worse, sell your home, just…
When a person dies, his or her estate may need to go through probate. If the decedent leaves a will directing how his or her property should be distributed after death, the will must be submitted to the probate court so…
When a person dies, his or her estate may need to go through probate. If the decedent leaves a will directing how his or her property should be distributed after death, the will must be submitted to the probate court…
It’s a common mistake for people to assume that after creating a trust, their work is done. If your assets are not properly titled to the name of the trust, a whole host of issues can arise when the time…
Estate Planning and an Ironman event…what does one have to do with the other you ask? EVERYTHING!
As a proud wife of a first-time Ironman and an elder law attorney, I can explain.
Step 1: Hire a Coach
Everyone has their niche.
Financial advisors have a certain field of expertise, and most are very good at what they do. However, when it comes to elder law, Medicaid and estate planning, there is no substitute for sound legal advice.
Case study:
A retiree originally made an appointment with a law firm specializing in estate planning and elder law – but, a family friend was a financial advisor. He decided to work with his friend and canceled his appointment with the law firm.