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Blog About Estate Planning

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Estate Planning with Payable-on-Death Accounts

Estate Planning with Payable-on-Death Accounts

Articles, Estate PlanningBy Mitchell NakhmanovichMay 16, 2020

One way to avoid probate is to use payable-on-death (POD) accounts. These accounts give you a way to keep a huge chunk of your money out of the probate process. If you have money in your bank account, inform the bank of whom you wish to leave the money to, and then create the form…

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Estate Planning With Hoarders

Estate Planning With Hoarders

Articles, Estate PlanningBy Mitchell NakhmanovichMay 15, 2020

Hoarding affects an estimated 1.4% of the United States population. Estate planning with a hoarding situation is no ordinary undertaking – there is no limit to the potential wealth buried in the depths of the home. Working with an estate planning attorney who is well versed in hoarding cases can make estate planning that much…

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Estate Planning Mistakes that LGBTQ Couples Make

Estate Planning Mistakes that LGBTQ Couples Make

Articles, Estate PlanningBy Mitchell NakhmanovichMay 14, 2020

Scenario Jane and Nancy were elated when the high court passed the LGBT case in favor of them. They married a few weeks later, but sadly, Jane passed away from cancer a month ago. This was when the problems started. Nancy was instructed to vacate Jane’s house because there was no will. She tried talking…

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Estate Planning Legal Fees: What You Need to Know

Estate Planning Legal Fees: What You Need to Know

Articles, Estate PlanningBy Mitchell NakhmanovichMay 13, 2020

Billions of dollars are spent every year when it comes to succession and estate planning. The fees change with time, and haven’t shown any signs of slowing time even with changes in the economy. The fees you pay are used by the lawyer to make sure you get valuable and efficient services. Let us look…

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Estate Planning Fraud: Don’t Fall a Victim

Estate Planning Fraud: Don’t Fall a Victim

Articles, Estate PlanningBy Mitchell NakhmanovichMay 12, 2020

When you decide to come up and make an estate plan, your aim is to try and make the succession process stress-free and quick for your loved ones when you pass away. In many cases, all you need is a will and other legal documents to give guidance on how your estate needs to be…

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Estate Planning for Vehicles

Estate Planning for Vehicles

Articles, Estate PlanningBy Mitchell NakhmanovichMay 11, 2020

Most of us own one or more cars. These are a blessing, helping us to move from one point to another effortlessly and to transport our items. But have you ever paused and wondered what will happen to your vehicle when you pass away? You need to understand that the vehicle is a huge part…

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Estate Planning for Stocks and Bonds

Estate Planning for Stocks and Bonds

Articles, Estate PlanningBy Mitchell NakhmanovichMay 10, 2020

The past few years have seen more and more people investing their money in stock and bonds. With the advent of mutual funds, investing in stocks and bonds became easier. Additionally, brokers have made the process of trading in stocks easier, especially to the people that are busy. Due to this, many people have ended…

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Estate Planning for Special Needs Children

Estate Planning for Special Needs Children

Articles, Estate PlanningBy Mitchell NakhmanovichMay 9, 2020

If you have a child with special needs, you are already on a unique journey. To ensure your child receives the best care and maximizes quality of life, you should sit down with an estate planning attorney. The process will be much easier and you can guarantee your child receives the best benefits possible! With…

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Estate Planning Tips for Seniors

Estate Planning Tips for Seniors

Articles, Estate PlanningBy Mitchell NakhmanovichMay 8, 2020

Scenario At 78, tom was staying with his last born son, and as days went by, he became more and more concerned with who will take over his assets. He had a handwritten will well hidden in the attic, and no one knew of the ranch he had bought a few years ago. He was…

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Estate Planning for Same-sex Couples

Estate Planning for Same-sex Couples

Articles, Estate PlanningBy Mitchell NakhmanovichMay 7, 2020

Surveys show that 10 per cent of LGBTQ couples are married to a same-sex partner. This is an increase of 3 per cent after the high court ruling. This shows that the world has changed rapidly, and as such, same-sex marriages have become common. As an LGBTQ couple, you need to handle so many issues,…

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OUR PRACTICE AREAS
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