Most people recognize the importance of estate planning; however, those same people often fall victim to the numerous and varied myths and misconceptions about estate planning. To help ensure that … [Read more...] about Estate Planning Myths and Misconceptions
If you are a parent, you likely plan to pass down some, or all, of your estate assets to your children upon your death. If your children are still minors, they cannot inherit directly from your … [Read more...] about Why You Should Avoid Leaving Children a Lump Sum Inheritance
One of the most valuable gifts you can give to your loved ones and to yourself is a well-drafted and comprehensive estate plan. Not only will it ensure that your wishes are honored at the end of your … [Read more...] about Common Estate Plan Mistakes
Although most people understand the overall goals of an estate plan and may have a vague idea of what needs to be included in a plan, the specific components of an estate plan remain a mystery. Not … [Read more...] about What Should Be in My Estate Plan?
There are people out there that assume that there is really no need for estate planning lawyers, because things just take care of themselves. After all, there are laws on the books to ensure that … [Read more...] about What Happens To Your Assets If You Don’t Have a Will?
Your legacy can be approached in two different ways. You can ask yourself what you would like to be able to leave to your loved ones and act accordingly to the best of your ability. The other option … [Read more...] about Medicaid Can Preserve Your Legacy
People tend to procrastinate when it comes to inheritance planning because after all, dying is the last thing on your to do list. At the same time, it is one of the inevitabilities of life, so it is … [Read more...] about Inheritance Planning: Liquidation Can Streamline the Process
Medicaid is required to seek reimbursement from the estates of people that were enrolled in the program while they were living. Since it is a need-based program, you cannot qualify if you have more … [Read more...] about Does Medicaid Estate Recovery Apply to a Special Needs Trust?
If someone asks you to be the executor of their estate, you may understand what you have to do in a general sense, but the specifics are another matter. With this in mind, we will look at some simple … [Read more...] about How Does an Executor Settle an Estate?
As elder law attorneys, we pay close attention to potential legislative changes that can impact government programs for seniors. There is a key proposal on the table right now, and we will look at it … [Read more...] about Expansion of Medicaid Waiver Has Been Proposed