You have heard of different courts like traffic court, criminal court, family court, etc. Probate is another type of court, and this court serves functions that are related to the fields of elder law … [Read more...] about What Is Probate?
There are some commonly used estate planning terms that sound similar, and this can lead to some confusion. With this in mind, we will look at the difference between a living trust in a living will in … [Read more...] about Living Trust vs. Living Will: What’s the Difference?
Inheritance planning preparedness surveys are conducted on an ongoing basis that bring back disturbing results. Year after year, the statistics indicate that most adults are going through life without … [Read more...] about Emotions Can Fuel Inheritance Planning Inaction
Most people would agree that time and money are two things that you do not want to spend foolishly, and it is a good idea to keep this in mind when you are planning your estate. The most common way … [Read more...] about An Estate Planning Lawyer Can Save You Time and Money
There are some statistics that really make you shake your head in disbelief, and this phenomenon certainly applies to estate planning preparedness. The popular website Caring.com conducts research on … [Read more...] about Develop an Estate Plan Before It’s Too Late
There are some major misconceptions that circulate about estate planning, and they often yield negative results. One of the most common misguided notions that people harbor is the idea that you do not … [Read more...] about Are You Sure You Don’t Need a Trust?
Before we explain the current matter that is at the core of this post, we have to provide some necessary background information regarding individual retirement accounts. There are two different … [Read more...] about CARES Act Includes IRA RMD Waiver
They say that “elections have consequences” and this is true on many levels. As estate planning attorneys, we keep a finger on the pulse of possible outcomes that can impact our field. The last … [Read more...] about Election May Impact Estate Tax Parameters
To understand what a GRAT is and why you may want to use one, you have to digest some information about the federal estate tax. This levy can have a very significant impact on your legacy, because it … [Read more...] about What Is a Zeroed-Out GRAT?
Medicaid is a state-federal partnership that provides medical benefit assistance to certain needy people, especially those over 65 years of age. However, you need to meet financial requirements such … [Read more...] about Irrevocable Medicaid Trusts