One of the reasons why young people who don’t have a lot of assets need to have an estate plan in place is to make sure that their children are provided for should both parents perish together in an accident. You may say that if they don’t have any resources they will have nothing to … [Read More]
Climbing The Mountain Of Age
Those who work in the field of estate planning and elder law must address all of the eventualities of aging. Preparing for these matters involves confronting the reality of death, and in many cases death is preceded by a period of full or partial inactivity and ill health. So it can be natural to consider … [Read More]
Consider Long Term Care Insurance
When you are engaged in the process of estate planning the objective is to prepare your assets for distribution after your death. Of course, when you are considering these details you can’t help but think about the last stages of your life as well. This is natural on a personal level, but the matters of … [Read More]
What Is A Reverse Mortgage?
A reverse mortgage is to a large extent self explanatory. When you take out a typical mortgage you pay the lender incrementally over a number of years, and as you make payments you build equity in the home. With a reverse mortgage the lender pays you instead, and in the process they are buying equity … [Read More]
Probate And Your Executor
Should you choose to utilize a will to elucidate your final wishes the estate will be administered under legal supervision. The probate court of your residence is charged with the responsibility of overseeing the administration of your estate. The will may seem like an operative instrument, and it is in the legal sense but is … [Read More]
Educational Gifts
Estate planning involves using legal experience and expertise to make sure that your wishes become a reality, but there is some planning that needs to be done before this is accomplished. Formulation of those wishes is not something that generally happens overnight, and depending on the size and scope of your estate and the individual … [Read More]
Simple Estate Planning Tools
The different strategies that can be advisable considering the specifics of your estate are many and varied, and some combinations of them can be somewhat complex. But there are many simple, tried and true methods that can be used to get assets into the hands of your heirs quickly and efficiently because the enable the … [Read More]
Guardianship & Conservatorship
Comprehensive, holistic estate planning takes every possibility into account and this includes addressing the realities of aging in addition to the distribution of assets after death. The fact is that senior citizens are the most rapidly growing segment of American society, and people are indeed living longer than ever before. It is not the most … [Read More]
Estate Planning, Priorities, and Procrastination
We are all well aware of the fact that we have certain ongoing responsibilities in life, and we invariably prioritize them in a logical manner. One of the keys to doing this effectively is to recognize the sum total of these responsibilities, and some of them are very evident and others may be less so. … [Read More]
Tax-Free Gifts
It’s easy to get kind of jaded about the commercial nature of the end-of-year holidays, and the idea of looking at the calendar and recognizing that it is time to shop for gifts can sometimes seem like more of a chore and less of a joy. But when the day comes when you are actually … [Read More]
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