Many wealthy individuals set aside time to sit down with an experienced estate planning attorney to talk about how their bonds, stocks, private equity and more are passed down to heirs. However, they frequently leave out their art collection and do not allow beneficiaries to have the appropriate information to have it valued and protected. [...]
Planning ahead for elder law is just as important as considering your estate and your retirement planning. Unfortunately, despite the fact that elder law has become more popular and widely practiced by attorneys in recent years due to the number of people nearing and reaching retirement, elder law mistakes can still be made that can [...]
An estate plan is something that most people think about as they near retirement or after they bring on a mortgage or have children. However, an estate plan can even benefit teenagers because turning 18 and heading off to the college means that that child is technically classified as an adult under the eyes of [...]
Unfortunately, the aging population in the United States is becoming increasingly affected by dementia. Furthermore, family members who are seeking assistance on behalf of their loved ones with dementia may be confused about how to proceed if they have never made a will before. Testamentary capacity is one of the most important components of the [...]
You and your spouse might have the same intentions for your future estate planning, but there’s plenty of good reason to set aside your own will for the purpose of protecting your loved ones. You need to ensure you have the right documents to protect your interests and plans. When putting together a will for [...]
In the process of international estate and trust planning, there are many different details that need to be addressed to maximize the financial health of families that have connections to overseas countries and the United States, and to minimize the potential tax implications. There are many concerns that will become more prominent in the coming [...]
Review of the Trump Tax Cut Law
Many adult children are now looking to step in and help their elderly loved ones with managing illness or disability. This requires a lot of adjustment, not just on the part of the caregiver but on the part of the person receiving support as well. A family member who needs support may cause sudden and [...]
The opioid crisis has significantly affected many families across the country. The growing epidemic of addiction is also changing the need for estate planning. Addiction statistics show that more than 142 Americans die each day from a drug overdose. It's also anticipated that more than 650,000 people will die over the next decade from opioid [...]
Far too many people put off the estate planning process for way too long and end up leaving behind a mess for their children. This can be literally, legally or financially. The literal type of mess is the cluttered house, when the adult child must step in to clean out a house of [...]