Finding an estate planning attorney you can trust to create an estate plan can help you stay in control over what happens to your assets after you pass on. One doesn’t have to be wealthy to have an estate plan. Even if you are of modest means, you have an estate and should have an…
Continue reading…The Essentials of Estate Planning
What areas should my estate plan cover? Estate plans have an important purpose: to protect your assets and your family in the event of your incapacity or death. Though not pleasant to think about, creating a comprehensive plan to manage unpredictable future occurrences is a gift for those you love. Not only will it keep…
Continue reading…Planning for the Needs of Disabled Children
If your child has a disability, you are not alone. According to the US Census Bureau, more than three million children (4.3% of the under-18 population) in the country had a disability in 2019, which is up 0.4% higher since 2008. Medical care and long term treatment can be terrifically expensive. One way to ensure…
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Why an Estate Plan Update Should Be at the Top of Your Moving To-Do List
Schedule movers. Update your mailing address. Update your driver’s license. Update your vehicle tags. Does this sound familiar? If so, it is likely you just moved and it reads like part of your moving to-do list. While these are all important matters to check off, there is an often overlooked, but very important item, that…
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The Importance of Having a Durable Power of Attorney in Place for Aging Parents
As we age, our needs change. Sometimes, they change slowly and progress over time. Other times, our aging loved ones needs advance quickly and they need more assistance right away. In either case, having a comprehensive estate plan in place that includes important legal tools for protecting your aging loved one and his or her…
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How Is Property Transferred at Death?
What happens to your property after you die? Well, that really depends on what plans, or lack thereof, you have in place for it. Without any planning, your property will be distributed to your heirs according to the state’s intestacy laws. To die intestate means to pass away without a will. Generally speaking, your property…
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I’m Not Rich. Do I Need an Estate Plan?
“Why would I estate plan if I don’t have anything of value?” You may have heard this as a common reason people give in regard to why they do not have an estate plan in place. Unfortunately, it is a common misconception that estate planning is only for the wealthy. This is a dangerous misconception…
Continue reading…What Does It Mean to Die Intestate?
Is estate planning on your to-do list? Is it one of those things that keeps getting put off longer and longer because life always seems to get in the way? We get it. Life gets busy. It is also filled with unexpected happenings. This is, however, exactly one of the best reasons to move estate…
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What You Need to Know About the Bernie Sanders Estate Tax Bill
Have you heard about the estate tax bill Senator Bernie Sanders proposed to Congress back in March of this year? While it hasn’t passed yet, if it does, it will go into effect at the end of the year and can have substantial impacts for many Americans. The serious changes proposed by the bill should…
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What Is the Elective Share?
There are certain laws relating to estate planning that may not be widely known about but are, nonetheless important and can have big impacts on how an estate plan actually ends up playing out. Elective share laws are some such laws. Here, we will go into more detail about what an elective share actually is…
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