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…
Despite its reputation as a rite of passage for the very wealthy, estate planning is simply the accumulation of real estate an individual owns, and most people own some or all of their own property. Property ownership includes individual as…
The sandwich generation includes anyone who struggles to care for both their children and their aging parents. Although generation is part of the phrase, it does not refer to people born at a specific time. Typically, these “sandwich” family caregivers…
Elder law and estate planning are often used interchangeably, but there are significant differences between them. While some overlap exists between the two, learning and implementing strategies from both law practice types is crucial to prepare for successful aging and…
Winnie’s nursing home room door is open, and Kevin is standing in front of it, tears running down his cheeks. The medical staff just finished inserted a feeding tube into Winnie – an act Kevin knew she didn’t want. Unfortunately,…
Based on results of a Caring.com survey, Americans who have a will have experienced a modest increase of 2.5 percent over the last year. Overall, the percentage of those with a will continues to decline, 33 percent in 2021 versus…
It is imperative that every American has an estate plan in place if they wish to protect themselves and their loved ones. Making sound decisions regarding finances and healthcare can become challenging as you age due to diminished mental capacity…