Advice on Wills: Should Each Child Get the Same Inheritance?
Exploring the complexities of inheritance: Discover when dividing assets equally among children is the right choice and when it isn't.
Be Aware of the Dangers of Joint Accounts
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…
Estate Planning Awareness Week: Take Control of Your Future
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…
Three Estate Planning Strategies to Consider When Planning for Long-Term Care
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…
3 Reasons to Avoid Probate
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…
Avoid Probate: Secure Your Estate for Your Loved Ones
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…
The Consequences of Failing to Fund a Trust
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 Ironman: What’s the Connection?
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 Most first-time…
Why You Need Legal Advice for Elder Law and Estate Planning
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A retiree originally made an appointment with a law firm specializing in estate planning and elder law – but, a family friend was a financial advisor.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.