Is Your Special Needs Child Included in Your Estate Plan?

You have undoubtedly made provisions for how your beneficiaries or guardians will handle your finances in the event of your death or disability. You’ve appointed a guardian for your young children and you’ve outlined instructions for how to handle your child’s education, finances and other expenses. Sure, you have a plan in place to provide for your child – but have you thought about special provisions for your Special Needs Child?

Asset Protection - Who Needs to Protect Their Assets?

America has often been referred to as a litigious society, meaning that we are prone to engaging in lawsuits for even the most frivolous of offenses. Because of this, it is important to stay vigilant about protecting your assets.

Estate Planning - The Life Estate

Over views why the life estate is falling out of use but why it is still relevant for an estate planner.

Offshore Trust - Effective Estate Planning, You Decide

An over view of offshore trusts as part of viable estate planning and the fear that keeps many clients and attorneys from knowing more about how to use them effectively

Estate Planning - Considering a Second Marriage Late in Life

Over views estate considerations that should be accommodated as widows and widowers (with their longer life spans) increasingly meet and decide upon a second marriage. Addresses for consideration a set of unique legal questions that those getting remarried, do not often think through.

Estate Planning Attornies

There are many ‘do-it-yourself’ books and websites which purport to help with estate planning. While some of them are very informative, some are highly confusing and misleading. It’s Ok to read through them for a fair understanding of the concept, but remember that estate planning is a complex matter, involving lot of valuations and intricate tax matters, and is subject to ever-changing laws, which many of us lesser mortals may not comprehend completely. Moreover, laws differ from state to state. Therefore, though there’s no compulsion to hire an attorney, make sure to take professional help to save yourself and your beneficiaries from complications.

Estate Plans and Trusts Discussed

We all know that we need to have our lives in order in the event of our demise because our families are so important to us. As the Death Tax slowing dies over the next many years, it behooves all of us to have estate plans and trusts set up to shield our assets from legal liabilities which can pop-up out of nowhere and also to pay the least amount of taxes to the government after we die.

Appointing A Financially Literate Executor

Choosing and appointing a financially literate executor is an important consideration when writing your will. He gives you and your beneficiaries peace of mind and the assurance of compensation to his customers.

Why Estate Planning Is a Woman's Issue

In a nation consumed with wealth-building, it's easy to forget that earning money is only half the financial security battle. Equally important is protecting our hard-won financial security with a well-designed estate plan. For women, the importance of planning is paramount, because most often women must cope when loved ones become disabled or die.

Durable Powers of Attorney

One of our greatest frustrations as elder law attorneys is not being able to help families implement strategies that would qualify their loved one for Medicaid and protect family assets because a power of attorney is insufficient to allow us to do what we need to do. Therefore, we thought it would be beneficial to address durable powers of attorney in this issue.

Choosing Guardians for Children

The most important decision you'll make in your estate plan is appointing guardians for your minor children. Who you pick will impact not only your children but also the lives of your guardians. While you and your children may feel an affinity for a particular adult(s), that relationship could be strained in a 24-hour-a-day, 7-day-a-week environment. Where should you begin in picking a guardian?

Asset Protection - Why Do You Need It

With your growing financial portfolio and asset, it is imperative that you take steps to protect your assets. A practical solution for creating an additional umbrella of security for your family is to take advantage of asset protection that minimize the risk of losing your assets or being taxed heavily.

Estate Planning Decisions: Choosing Trusts - Wills and Lawyers

It is essential to be an informed consumer when buying estate planning services. In doing so, you will be in the best position to make essential decisions in protecting your wealth and family.

When Parent and Child Reverse Roles

When we start off in life, our parents provide love and nurturing, as well as the necessities of daily life. As time passes, we grow into adulthood. Our relationship with our parents becomes one of equals, with each providing love and nurturing for the other, while both are self-sufficient. Often, parents reach a stage in their lives when they are no longer self-sufficient, typically due to advanced age or illness.

Asset Protection In Relation To Medicaid And Bankruptcy

Advocating the proper asset protection measure is of crucial importance.