Category Archives: Estate Planning
Do Married Couples Need Separate Estate Plans?
The average American family has changed a great deal over the last few decades. The assumption that a couple will share finances, tax obligations, and a last name is one that does not necessarily apply in the 21st century. There are more options than ever before to keep your finances, identity, and future plans… Read More »
What is a financial power of attorney?
The wealth, property, and investments we accrue over a lifetime are often significant. While you have carefully managed your finances through the years, there may eventually come a time when you cannot handle such decisions. Planning for the likelihood that you are unable to manage your financial affairs is paramount, thus it’s important to… Read More »
Preparing for Deployment? Here’s What You Need to Do
You just received your orders, and you will be deployed shortly. No matter the time frame, there is still time to make sure your affairs are in order. Here are 4 things you need to do to safeguard your family’s future while preparing for deployment. 4 Things You Need to Do When Preparing for… Read More »
Can I make a video will?
In the golden age of the smartphone, you’re never far from a camera. This has made the sharing of videos and photos easier than ever before. Easy access to a quality camera has led many people to wonder: can I make a video will? More importantly, folks are curious about whether such a “will”… Read More »
Does a Revocable Living Trust Protect Me Against Lawsuits? (Hint: NO!)
Many people believe that once they set up a Revocable Living Trust and transfer assets into the trust, those assets are protected from lawsuits. This is absolutely not true. While Trusts commonly provide asset protection for beneficiaries, few trusts protect assets owned by the person who created the trust. No Immediate Asset Protection? … Read More »
My Trust is Signed, No Probate for My Family Right?
Planning ahead has obvious benefits. Whether you’re planning a vacation or researching for a job interview, it’s always smart to outline your priorities and anticipate potential challenges that may arise. Planning your estate has similar benefits. With plans clearly established, your wealth and assets are protected should you pass away or become incapacitated. It’s… Read More »
New Blood Test For Alzheimer’s May Detect the Disease Years Before Onset of Symptoms
Alzheimer’s disease is becoming more prevalent among aging Americans, and there are more aging Americans than ever before. Alzheimer’s disease has three typical biomarkers: plaques of beta-amyloid protein, tangles of tau protein, and loss of connections in the synapses that communicate information between brain cells. Now a simple blood test for Alzheimer’s may be able… Read More »
Estate Planning Considerations for Rental Property Owners
In all parts of the country, services such as Airbnb have grown in popularity over the past few years. Indeed, these alternatives to hotel stays are popular among homeowners and vacationers alike. If you have a home or other rental property that is generating income, you should understand the following asset protection and estate… Read More »
5 Documents You Need to “Get Your Affairs in Order”
Five words no one ever wants to hear from their doctor: “Get your affairs in order.” Unfortunately, 58 percent of Americans do not have a will or trust, and it often requires a chronic disease or terminal illness diagnosis, or other life-changing event to prompt the estate planning process. Talk to your attorney about… Read More »
Elder Law vs. Estate Planning: What’s the Difference?
The short answer: Both estate planning and elder law share similar concerns. The longer answer? The differences make all the difference. Elder Law vs. Estate Planning: The Concerns are Similar No matter what age we’re, life can deliver some hard knocks. Hope for the best, but plan for the worst. We can… Read More »
