Worried about family feuds after you pass away? Want to ensure your wishes are followed and not altered after you are gone? Do you want to keep the peace between your children once you are no longer here to play peace keeper? Read on to discover how to best accomplish this goal!Read More
PLEASE CHECK IF LAW IS CURRENT: The law can change quickly, so please do your research and contact an attorney to ensure that you have the current law. The law as printed here may have changed since posting and the links may have changed.
A hammer is a phenomenal tool, but a hammer is not useful for every job or situation. That is also true with Trusts. A Trust is a phenomenal estate planning tool, but not everyone needs one or should have one.
Can you get by with an online estate plan? Probably, but the bet I will make with you is that it will not be as smooth or painless of an administration process for your loved ones when you pass away.Read More
New Year, New Plan? Not necessarily. But, if you are a part of the growing number of families that have already or want to answer their “What-if” questions, the new year offers a great reminder to review that which you have already done and update it if need be.Read More
Fear of the unknown, can cause us to hesitate taking action or hiding from that unknown. Because of the legal profession’s nature, most attorneys cannot guarantee you a price for their services. Estate planning is one of the areas that makes a guaranteed price an option. Come check out how much a Trust would cost for you and your family. At least consider how much it would cost to not take action.Read More
Whether you have heard of a Power of attorney, health care directive, or living will or not, this post is worth your time. These necessary legal documents are a strategic and necessary part of your estate plan, especially in helping to avoid potential future problems.Read More
If you are 62 years old or older, reverse mortgages can help homeowners access their accumulated home equity without facing monthly payments. Some seniors are using these reverse mortgages to finance their future retirement income. They can provide cash when other retirement income sources fail to adequately finance their needs. This home equity can be a large part of an owner’s net worth, which makes it valuable in the long run. However, when providing a bequest to heirs by allowing them to sell your home, a reverse mortgage can eliminate a majority of the equity in your home. So, it is important to understand exactly how reverse mortgages can fit into your financial future and estate plan.
Blended Families have their own, unique challenges and rewards. One of the often unspoken and unknown challenges that a Blended Family has concerns Estate Planning. Learn the tools available to you to meet your need.Read More
Special Needs Trusts are great tools to ensure that the inheritance you leave beneficiaries can benefit them, not hurt them. I invite you to read on to see a glimpse of if and how a special needs trust can benefit your family.Read More
Creating a revocable living trust or a revocable family trust is a flexible and useful tool that affects many aspects of your estate after you have passed away. However, during your lifetime the trust is almost non-existent. See this example on property taxes.Read More
Do you have a Will or Trust? Awesome. Now, what do your beneficiary designations on your bank, brokerage, insurance, and retirement accounts say? Do they differ? If so, your family might be in for a shock.Read More