Preserving Your Legacy: A Guide to Protecting Assets and Inheritance
Navigating an elder law estate plan revolves around crucial questions that shape your choices. Firstly, it addresses the fate of your assets after you pass
Navigating an elder law estate plan revolves around crucial questions that shape your choices. Firstly, it addresses the fate of your assets after you pass
Nursing homes strike fear into the hearts of the elderly and families of the elderly. Although these institutions have been re-branded as skilled nursing facilities
In contemplating the inevitable, death stands as an undeniable truth that looms over every individual. However, departing from this world without an estate plan serves
Probate is the legal process in which, following your death, a Surrogate’s Court Judge (the Surrogate) reviews the Petition and legal documents submitted and approves
What would happen if someone you were close to, asked you to be their Executor? Would you be honored, or would you be uncomfortable with the responsibility? What do you need to do, when do you need to handle these tasks and how much time will it take? These are the questions often asked about the role
“I love money. I love everything about it. I bought some pretty good stuff. Got me a $300 pair of socks. Got a fur sink. An electric dog polisher. A gasoline powered turtleneck sweater. And, of course, I bought some dumb stuff, too.” Steve Martin. “I made my money the old-fashioned way. I was very
How Do Trusts Work in Your Estate Plan? A trust can be a useful tool for passing on assets, allowing them to be held by a responsible trustee for beneficiaries. However, determining which type of trust is best for each family’s situation and setting them up so they work with an estate plan, can be
Your will does not control who inherits all your assets when you die. This is something that many people do not know. Instead, many of your assets will pass by beneficiary designations, says Kiplinger in the article “Beneficiary Designations: 5 Critical Mistakes to Avoid.” The beneficiary designation is the form that you fill out, when opening many different
Life happens, when we’re not prepared. A woman is recovering at home from minor surgery when her older sister dies unexpectedly, thousands of miles away. She can’t fly from her home to her sister’s home for weeks. What will happen, asks Considerable in the article “This is the most helpful thing you can do for the
How Do Trusts Work in Your Estate Plan? A trust can be a useful tool for passing on assets, allowing them to be held by a responsible trustee for beneficiaries. However, determining which type of trust is best for each family’s situation and setting them up so they work with an estate plan, can be