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Monthly Archives: March 2023

Nonjudicial settlement agreement - risks vs. benefits?

Nonjudicial Settlement Agreements: The Good, the Bad, and the Ugly

By Andre O. McDonald |

Some trusts are irrevocable as soon as they are created, which means that, in general, the trustmaker (the person who created and funded the trust) cannot terminate or modify it and take back the money or property that it holds. You may wonder why anyone would want an irrevocable trust, but irrevocable trusts can… Read More »

Revoking a Will: What You Need to Know

Ways Your Will Can Be Revoked

By Andre O. McDonald |

A will (which should be accompanied by other important documents such as healthcare and financial powers of attorney, as well as a living will) is a foundational estate planning document. However, according to Gallup, only 46 percent of US adults have a will.[1] This number has remained consistent in Gallup polls dating back to… Read More »

Understanding guardianship or conservatorship for adults with disabilities

Guardianship or Conservatorship for Adults with Disabilities

By Andre O. McDonald |

For individuals with developmental disabilities who can’t make important decisions or care for themselves in adulthood, guardianship or conservatorship are both legal arrangements that should be given consideration. Establishing a legal guardian is the job of the court, which appoints a person (guardian) to make personal and financial decisions for individuals lacking the capacity… Read More »

Does disinheriting your special needs child protect their benefits?

Does Disinheriting Your Special Needs Child Protect Their Government Benefits?

By Andre O. McDonald |

Families with special needs children face unique challenges and opportunities to protect their children’s futures. Providing appropriate medical, educational, recreational, and employment opportunities for your special needs child can result in a lifetime of pursuing public and private programs and services. Too often, the parents or persons responsible for financial and medical management of… Read More »

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