There’s Never A Better Time Than Now To Get Your Affairs in Order

By |2019-11-07T11:53:18+00:00January 21st, 2020|Categories: ESTATE PLANNING, GUARDIANSHIP, POA, Wills|

The idea of getting your financial and legal house in order is likely the last thing on your mind during the busy holiday season. But, getting started is much easier than you think. In fact, the end of the year is a good time to reflect upon the year that has passed and focus on your aspirations for the future. Don’t hold this task off for later. Some careful thought and a little bit of work now can go a long way to help you feel 100% confident about moving forward in the new year. In preparation for the upcoming [...]

Estate Planning That Expresses Who You Are – 5 Things to Talk About with Your Family

By |2019-11-07T11:50:34+00:00January 14th, 2020|Categories: ESTATE PLANNING, POA, Trusts, Wills|

You intend to pass along your wealth through your estate plan, but what about your wisdom? Ensuring you accomplish both calls for a family meeting to have a conversation about your money, your legacy, and your core principles. Most families lead far-flung and busy lives, meaning the only time they see one another face-to-face is around the dinner table during a handful of major holidays. The estate planning process is a perfect opportunity to bring everyone together outside of those scheduled occasions — even if a child or grandchild has to attend via video chat. happy family having fun [...]

Why Your Estate Planning Project Must Morph into a Process

By |2019-11-07T11:41:50+00:00January 7th, 2020|Categories: ESTATE PLANNING, POA, Trusts, Wills|

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 [...]

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

By |2019-11-07T11:31:34+00:00December 31st, 2019|Categories: ESTATE PLANNING, Trusts, Wills|

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. Tonight being New Years Eve, I am sure some people will change their "status" from single to engaged, dating, or visa versa. I wanted to stop there for a minute and see how our romantic choices affect our estate planning. It is no secret, our cultural norms are shifting, and quickly. Consider the following: Per the U.S. [...]

Dispelling the Top 3 Estate Planning Myths

By |2019-11-07T11:01:53+00:00November 26th, 2019|Categories: ESTATE PLANNING, PROBATE, Wills|

Like any other complex subject, estate planning has its share of myths and misconceptions.  Understanding the top three estate planning myths will help you to create and maintain a plan that will work the way you expect it to work when it’s needed. Estate Planning Myth #1 – You Don’t Need an Estate Plan Because Your Spouse Will Inherit Everything A common belief is that if you’re married and you don’t have a will or a trust, your spouse will still inherit everything.  Unfortunately this is not always the case.  Who will inherit your estate even if you’re married depends [...]

3 Ways to Minimize Estate Planning Fees

By |2019-11-07T11:01:21+00:00November 19th, 2019|Categories: ESTATE PLANNING, PROBATE, Wills|

Today, it is impossible to put together even a simple estate plan without the assistance of an experienced estate planning attorney. Why? Because estate planning laws vary greatly from state to state and these laws are extremely convoluted and constantly changing. One wrong word, one missing signature, or one procedure not followed to the letter of the law can partially or completely invalidate a Last Will and Testament, Revocable Living Trust, Advance Medical Directive, Living Will, or Durable Power of Attorney.  Though attorney fees may feel expensive, they’re actually not when viewed in light of the service and protections provided.  [...]