The time spent in a family vacation home is very enjoyable for many families. This kind of property is meant to be shared with family and friends, and often there is a desire to keep ownership within the family for…
In the wake of the loss of a spouse or long-term partner, it can be difficult to think of anything other than your grieving. However, it is crucial to understand there are important and timely decisions you need to make…
Despite its negative reputation, probate can sometimes be avoided or minimized with thoughtful estate planning. In reality, most heirs will have to navigate the probate process to some degree after losing a loved one. Understanding what probate is in conjunction…
When it comes to distributing your assets in your estate plan, life insurance may not seem relevant at first glance. However, life insurance can be an integral, indispensably important part of a well-thought-out estate plan. There are numerous other benefits…
People with disabilities can save money tax-free through special needs trusts (SNT) and Achieving a Better Life Experience accounts (ABLE). Both options provide a mechanism for saving money and protecting resources that ensures the person with a disability (PWD) continues…
The thought of our own death is one of the most challenging things we will ever face. Yet it is very important to think carefully about the medical treatment we would want for that challenging time. Medical technology can now…
It may be difficult to imagine that your child who once needed you for everything has suddenly become an adult when he reaches 18 (depending on the state). Now they are free to vote, marry, apply for a credit card,…
There are specific and quite different benefits to wills and trusts in relation to estate planning. Each state has specific laws and regulations governing these legal documents. You can have both a will and a trust; however, the information in…
There is a situation few of us care to think about when we are considering transferring our property to our children. What should happen to our property if our children die before us? I read that when making a will,…
An estate plan that is comprehensive requires careful thought and discussion with your spouse. Before meeting with an estate planning attorney, it is best to discuss your ideas to present a united goal. This conversation can be challenging if you…