We have been sharing updates about changes to government parameters that are relevant to estate planning and elder law matters. Each year, certain figures are adjusted to account for inflation, and there was a significant level of inflation in 2022. In this post, we are going to take a look at the federal estate tax … [Read More]
Make Estate Planning a New Year’s Resolution
People often resolve to take care of matters that they have been placing on the back burner when a new year comes along. Now that 2023 is underway, a lot of resolutions are being considered. From an estate planning perspective, two out of every three American adults are completely unprepared. This even extends to older … [Read More]
Five Key Facts About Long-Term Care for Seniors
As elder law attorneys, we focus on matters that are related to the needs of senior citizens. Most of our efforts are devoted to long-term care and the costs that go along with it. In this post, we will share five key facts about the subject that will get your attention if you are unaware … [Read More]
Is Estate Planning Only for the Rich?
A lot of people think that estate planning is something that is only important for very wealthy people. They think that you do not need to work with an attorney to map out a comprehensive strategy unless you are a multimillionaire. In reality, this is patently false, and we will look at the subject in … [Read More]
Are These Items Missing From Your Estate Plan?
A comprehensive estate plan will cover a number of different bases. However, some people fail to consider key details. With this in mind, we will take a look at some of the estate plan components that are sometimes omitted in an effort to raise awareness. Letter of Last Instruction If you were leaving the country … [Read More]
How Can You Include a Person With a Disability in Your Estate Plan?
There are many different tools that can be used when you are planning your estate. It is unwise to assume that you have to settle for limitations or suboptimal outcomes. In most cases, there is a particular device that can serve as the ideal solution. With this in mind, we will look at estate planning … [Read More]
Five Key Facts About Elder Care Planning
When you are envisioning your retirement, you are naturally going to think about the good times that lie ahead. To get there, you estimate your projected living expenses and take the right steps to be able to address them. While you are doing so, you should make sure that you plan ahead with totally clear … [Read More]
How Do You Plan Your Estate When You Have a Business Partner?
You should work with an estate planning lawyer to put a plan in place because of the personalized attention that you will receive. Contrary to the belief of some people, it is not necessarily a matter of drawing up a will and hoping for the best. There are different ways to facilitate asset transfers, and … [Read More]
Advance Property Liquidation Can Streamline the Estate Administration Process
Far too many people assume that estate planning is an exercise in drawing up a will or trust. They think that the rest will fall into place, and they do not consider any of the finer details. You can approach the matter this way if you choose to do so, but you may want to … [Read More]
What Can a Trust Do That a Will Can’t
A lot of people think that when you create your estate plan, you draw up a will, and that’s the end of the story. This is one way to approach it, but in fact, a trust can be a better choice in many cases. Trusts can address certain objectives that a will cannot, and we … [Read More]
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