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Articles

Does A Young Family Really Need Estate Planning?

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The first time that most people approach the subject of creating an estate plan is when they have some sort of a family member that might be relying on them financially. The most common situations for this include a spouse or a new child. A young married couple with a new born baby might recognize […]

Have You Put Elder Law Planning Off?

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It’s very easy to find other things to focus on in today’s modern life. Furthermore, it’s harder to fit elder law estate planning into your overall schedule because it feels too far off into the future, too complicated or even too final.  Regardless of whatever objection you have about the prospect of doing your elder […]

I’m a Successor Trustee: What Does That Mean?

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Has someone in your family informed you that you’re a successor trustee? Are you thinking you might never be needed in this role because the primary person serving in it intends to stay there for the long haul?  The primary trustee is the person with the first authority to serve in the role of trustee, […]

What You Need to Know About Collecting Inventory of Estate Property

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A personal representative appointed to manage an estate or an executor named in the will by the person who passed away has many different responsibilities in closing out estate administration.  One of these includes giving notice to creditors of the estate and taking a formal inventory of the property inside it. Written notice must be […]

Is There a Capital Gains Tax on My Collection?

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Have you remembered to include a personal collection of items in your estate planning? Whether it’s art, coins, stamps, or something else altogether, you’ll make things much easier for your loved ones and ensure that your collection gift is meaningful.  If your collection has in any way accumulated or appreciated in value and you decide […]

Don’t Lose Track of Assets in Your Estate

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You might take steps to list everything you can inside your estate, but it’s still possible to leave items out. When you’re working to help administer someone else’s estate or thinking ahead about your own, it could be the case that not every asset is accounted for in a trust or a will.  Some assets […]

Got 2020 Financial Goals? Don’t Skip These

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The end of the year is the perfect time for reflection. If this year didn’t add up to all you’d hoped it would be and you want to start off on a better foot in the New Year, there are at least four goals you can’t afford to miss on your list. Start by looking […]

Is Talking About Estate Planning Going to Cause a Fight in Your Family?

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Getting together for the holidays or to celebrate the new year gives you a great opportunity to reconnect with your loved ones. But if one of the things on your to-do list this year is to discuss estate planning arrangements, you might be concerned about the possibility for conflict. The good news is that there […]

How Do I Break the News to My Kids That I’m Not Planning to Pass On Assets to Them?

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Deciding to disinherit someone in your family is fraught with emotional considerations and concerns. Wondering whether or not you should inform the family member about your intention to exclude them from your estate planning can be a very difficult question to answer and one that you should discuss directly with your estate planning lawyer.An estate […]

The Difference Between Trusts and Wills

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Do you know how to decide whether or not you need a trust, a will, or both? Most people partner with an experienced estate planning lawyer when putting together their strategy for their estate. A lawyer can help you review existing estate planning documents and help you decide what assets will be passed through a […]

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