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Estate Planning in a Few Steps
July 12th, 2016
Creating an estate plan can seem like a daunting task for many people, but if you break the process down into the basic steps, it does not seem as challenging. Sometimes people do not get estate plans because they think it is too difficult, that ther…
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Categories: Aging Issues, Current Affairs, Elder Law, Estate Planning, Long Term Care, Medicaid, Power of Attorney, Probate, Succession, Trust Funding, Weblogs, Will
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Is a Joint Will What You Need?
June 30th, 2016
Some couples who know that they should get wills and who would prefer not to pay for two of them might want to consider getting a joint will, but they need to know exactly what they are getting. Rather than getting two separate wills some married cou…
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Categories: Aging Issues, Current Affairs, Elder Law, Estate Planning, Succession, Trust Funding, Weblogs, Will
Your Retirement and Your Children
June 28th, 2016
You might think that you are only hurting yourself by not saving for retirement, but you are also hurting your children in two important ways. It is common knowledge that a large percentage of Americans do not have any retirement savings. Some people…
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Categories: Aging Issues, Current Affairs, Estate Planning, Long Term Care, Medicaid, Power of Attorney, Probate, Succession, Taxes, Trust Funding, Weblogs, Will
Things Prince Can Teach You about Estate Planning
June 27th, 2016
You have probably heard that Prince died without a will. There are important things about estate planning that you can learn from that. Despite a net worth of millions of dollars the musician Prince never had a will drafted or any other form of estat…
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Finding an Executor
June 14th, 2016
For some people picking someone to be the administrator of their estates is an easy process of choosing a reliable family member or friend. However, people who do not have reliable family or friends need to know where to look to find an executor. Pic…
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Categories: Aging Issues, Blended Families, Current Affairs, Estate Planning, Succession, Trust Funding, Weblogs, Will
Giving Your Business Away
June 13th, 2016
Some business owners prefer to retain control over their businesses until they pass away. Others would rather retire and let younger family members assume ownership. There are a couple of different options to do that. Business succession planning is…
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Using a Family Limited Partnership
June 6th, 2016
A family limited partnership can be used to lower your tax burden and transfer wealth to future generations of your family. One reason people seek the advice of estate planning attorneys is to lower their potential estate tax burdens in a way that do…
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Categories: Aging Issues, Blended Families, Charitable Giving, Current Affairs, Estate Planning, Succession, Taxes, Trust Funding, Weblogs, Will
Baby Boomers' Retirement Mistakes
June 1st, 2016
If you want to leave an inheritance for your children and grandchildren, it is important to make sure that your assets are not all spent in your retirement. That requires good retirement planning. Unfortunately, Baby Boomers are collectively making a…
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Categories: Aging Issues, Current Affairs, Elder Law, Estate Planning, Long Term Care, Power of Attorney, Succession, Taxes, Trust Funding, Weblogs
Making a Family Foundation Work
May 31st, 2016
Family foundations are a great way for members of a family to come together in a joint effort to contribute to society and their communities. If not handled properly, however, they can also be a source of family strife. The latter is avoidable with g…
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Business Estate Planning
May 30th, 2016
Business ownership complicates estate planning, but it does not make it impossible. The more assets you have and the more complex those assets are the more complicated it is to make an effective estate plan. This is especially true if one of your ass…
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Categories: Aging Issues, Current Affairs, Elder Law, Estate Planning, Family Business, Small Business, Succession, Taxes, Trust Funding, Weblogs, Will
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