Scenario When Hillary took over Angela’s estate planning case, he was committed and very easy to work with. When the payout process ended, and the money was released to Angela, Hillary couldn’t be found. He had disappeared, and soon Angela started realizing that some of the property had been written into other people’s names. We…
In the articles section you can find blogs that discuss all areas of Estate Planning. By going to the articles section and reading some of the blogs you are able to better educate yourself on the different products and concepts of estate planning.
Estate Planning includes:
- Planning for pass through of assets upon death,
- Planning for minors (Setting up guardianship designations or special needs trusts),
- Utilizing tax mitigation strategies (for example the current gift tax exemption),
- Creating a form of asset protection (from creditors and predators or as a form of marital asset protection),
- Setting up healthcare proxies ( giving someone your trust the ability to make healthcare decisions for you in the event you are unable to do it for yourself),
- Setting up Power of Attorney (enabling someone to make executive decisions regarding your assets and finances in the event you are unable to and it is necessary),
- Medicaid or Retirement Planning (Divesting yourself of assets to qualify for Medicaid or Government subsidies),
- End of life planning using living will or last directive (Indicating burial requests and tube feeding or resuscitation in the event it is necessary).
In the articles section we have gone ahead to make it easier for you to find the topic of interest by creating subcategories. Our goal is to make it simple and easy for people to come to our website in order to educate themselves about the different types of trusts for example Revocable Trusts and Irrevocable Trusts or Special Needs Trusts and Supplemental Needs Trusts.
In the articles section you will find the following subcategories:
In this section you can find a broad stroke of articles/blogs covering all topics related to creating and understanding an estate plan.
A very common concern for people with families or high risk professions for example doctors, lawyers, policemen, firemen, accountants and so on. Newlyweds seeking marital protection and people with large cash liquidity might also be worried about their exposure and seek asset Protection.
At some point in our lives we are done working and are ready to retire and want to know the best practices for retiring. Here you can learn about pass through of assets, divesting of assets and planning for your final days.
Here you can learn about tax mitigation strategies.
Here you can learn about assigning guardianship for minors or assuming guardianship over a loved one who is mentally handicapped.
Everyone wants to plan for events while they are alive and not just after death learn more here.
What happens when someone dies or passes away with a Will.
Flexibility when it comes to planning.
The different types or forms of trusts and their uses.
Planning for Medicaid and Retirement.
Special Needs Trust
Planning for people with disabilities.
Planning for pass-through of assets.
Will and Trust
Different uses of having both documents a Will and some form of Trust.
If you are shopping around or look for ways to vet an Estate planning Attorney/Lawyer and wish to better educate yourself on the topic the articles section is for you.
There are various problems that can make you disinherit your child. These include: You have a bad relationship with the child The child has amassed a large estate and they don’t need what you have to give them One of the kids has the greatest needs, for instance, a child with special needs. Whatever reasons…
You might think that being named in somebody’s will as an administrator is a huge thing – but it also comes with a few dangers. As an administrator, your role is to manage the estate matters of the departed friend. Typically, the testator chooses an individual that he trusts, which means if you are the…
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…
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…
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…
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…
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…
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…
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…