GP Schoemakers Blog

GP Schoemakers Blog2019-04-10T17:20:19+00:00

Legal Zoom v. Lawyer: The Risks you NEED to know

LegalZoom, Momma-Bear and other do-it-yourself document preparation services advertise that making a Will is as easy. Although, it does not need to be complicated under the guidance of a knowledgeable lawyer, a DIY approach of filling in blanks on standardized forms, is no easy feat. We all heard the saying: “You get what you pay for!” and with legal planning this is most certainly the case. Companies that try sell you a “fast” and “cheap” fix try to make you believe that their product gives you “peace of mind”, yet there is no such thing. On the surface, things will [...]

By |September 24th, 2020|Categories: Design, ESTATE PLANNING, PROBATE, Trusts, Wills|0 Comments

Just Like You Need a Medical Checkup, Your Estate Plan Needs a Checkup!

Whether or not you currently have estate planning documents, one important item to add to your calendar is getting an estate plan checkup. Don’t Have an Estate Plan?   If you don’t already have an estate plan, then getting one in place should be at the top of your to-do list. Why?  Because without an estate plan, you and your property may end up in a court-supervised guardianship if you become incapacitated, and your property and your loved ones may end up in a time-consuming and expensive probate proceedings after you die. Worse yet, if you don’t take the time to [...]

By |September 21st, 2020|Categories: Design, ESTATE PLANNING, PROBATE, Trusts, Wills|0 Comments

Anatomy of a Will

How do I write a will? To answer this common question, we should look at the anatomy of a Will. A will usually follows a certain pattern, this helps with determining if the testator knew what he/she was doing at the time that the document was written. The structure is in general as follows: Title (For example: “Last Will and Testament of Jane Doe”) Introduction (I, Jane Doe, of Galveston, Texas, declare this to be my Last Will and Testament …) Any prior wills must be revoked (For example: I revoke any prior wills and codicils made by me…) Who gets what (For example: [...]

By |September 17th, 2020|Categories: ESTATE PLANNING, Wills|0 Comments

Tips for Effective and Healthy Communication for Divorcing Parents

The way we communicate is a big part of how we see and deal with the people around us. Most people who file for divorce had a communication meltdown at one point or another. It's more than usual... when emotions run high, we are stressed out, angry, disappointed, frustrated even, our communication skills usually one of the first things to suffer. Unproductive communication like yelling, abusive language, name-calling, withholding information, or even shutting down not only complicate the divorce process, it also is unhelpful for everyone involved. This blog article helps you improve or highlight any lousy communication skills (and [...]

By |September 14th, 2020|Categories: DIVORCE|2 Comments

Is now the time to remodel your old trust?

There are several reasons why you should update your existing trust or perhaps your entire estate plan. While estate planning documents do not necessarily have a shelf life, they may not fulfill your goals when your circumstances change. Of course, having estate planning documents that are up-to-date is critical, but how do you know when you should make changes? Reasons to Make Changes It is important to note that just because you have a trust in place does not mean you are bound to keep it as is; this is even true if the trust was inherited from someone else. [...]

By |September 10th, 2020|Categories: ESTATE PLANNING, POA, Trusts, Wills|0 Comments

Are Any of These 11 Mistakes Lurking in Your Estate Plan?

1) Lack of Healthcare and Disability Planning. The majority of deaths occur in hospitals or other institutions. Patients may be incapacitated to the point where they can no longer communicate their healthcare wishes. Advance Directives and a Healthcare Power of Attorney can identify healthcare proxy decision-makers, specify wishes for end-of-life care, and provide a formal plan to control financial and property matters. 2) No will or estate plan. Without proper planning, your estate may be tied up in probate court for months or years after your death, at a great emotional and financial cost to your family. 3) Lack of [...]

By |September 2nd, 2020|Categories: PROBATE|0 Comments

‘Till Death Do Us Part, Too: Estate Planning Tips for Commitment Without Marriage

Advice columnist Ann Landers once observed that “love is friendship that has caught fire.” If that’s true, there are thousands of ways for that blaze to unfold. For many Americans, such devotion and passion do not need to be neatly formalized as marriage. In fact, our cultural norms are shifting, and quickly. Consider the following: Per the U.S. Census Bureau, approximately 112 million people in the U.S. are unmarried; 45 percent of our country’s households are “unmarried households.” In 2013, the CDC found that “cohabitation [without marriage] is now a regular part of family life in the U.S.” Unfortunately, the [...]

By |August 26th, 2020|Categories: ESTATE PLANNING|0 Comments

Kids Going Away To College?

You may have been running around for weeks, getting your new college student off to school. It's exhilarating, and your heart likely is bursting at the seams. You're probably prouder than you can say, but you're a little afraid, too. How can you make sure your kid is going to be safe at school, so far away from home? A new Bed Bath and Beyond matching sheet set for the dorm sounds great, but it just doesn't seem like quite enough, does it? So what else can you do? Actually, there is something, probably not yet on your to-do list, [...]

By |August 19th, 2020|Categories: COLLEGE PLANNING, ESTATE PLANNING|0 Comments

Why Your Estate Planning Project Must Morph into a Process

Many people put their estate plan on their to-do list as a one-time project: “Create estate plan” or “Meeting with lawyer 10:30 a.m. Thursday for estate plan.” Thinking of your estate plan as a single project or task to complete and move off your list is a common approach – but it’s also an approach that can land you in considerable hot water. Here’s why it’s essential to view your estate plan as a process, rather than a project. Process vs. Project: What’s the Difference? A project that takes several steps to complete – like an estate plan – can [...]

By |August 12th, 2020|Categories: PROBATE|0 Comments
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