Three Common Mistakes Made When Trying To Avoid Probate
Are you considering ways to avoid probate? Many people want to avoid probate for a variety of reasons. Probate can be expensive. Probate is public. Probate takes time. Probate can be a headache. There are a variety of estate planning strategies that can help you...
Potential Tax Changes that Could Impact Your Estate Planning
Were you aware that, before he was elected, President Biden campaigned on a promise to lower the estate tax exemption limit, and to consider abolishing the step-up in basis for capital gains tax? While it can be difficult to predict when these matters will be...
Social Isolation: How to Help Your Senior Get and Stay Connected
Have you seen how social isolation can significantly impact health, well-being, and quality of life for seniors? Isolation may be one of the most common issues that seniors face. Even before COVID-19, social isolation among seniors was common. Let us discuss seven...
3 Reasons You Cannot Do Without A Last Will and Testament
Have you considered that creating a will may be one of the best things you can do to protect yourself and your family? Let us discuss three reasons to have a will. You get to decide what happens to your assets. Whether you want to leave everything to your kids or...
Three Important Estate Planning Considerations When You Remarry
Have you remarried or are you considering remarriage? If so, it may be time to rethink and review your estate plan. Let us review three important estate planning considerations to keep in mind so that you can make sure you are protecting yourself, your family, and...
New Year New Plans: 3 Estate Planning Updates You Need To Know
Have you considered that, with the new year beginning, it may be a good time to make or reevaluate your estate plan? To help motivate you to review your estate plan, let us discuss three estate planning updates you need to understand in this new year. Reduction in the...
Ensuring the Digital Assets of Your Aging Parents Are Protected in the New Year
Do your parents use technology that they once only dreamed about or could never have imagined using, on a daily basis? Today’s grandparents might send money to their grandchildren using payment apps, or store thousands of photos of them on their smartphones. The new...
Will Children Need to Pay a Parent’s Nursing Home Bill?
While many may be familiar with the concept of parents being held legally responsible for the action and debts of their minor children, were you aware of the possibility of adult children being responsible for the debts of their parents? Several states in the U.S....
It Is A New Year, Take A New Look At Your Estate Plan
As you set your goals for this new year, have you considered taking a new look at your estate plan to make sure that you are using the most effective estate planning tools to protect yourself, your family, and your assets? One tool that is often very beneficial when...
Why “Basic” Powers of Attorney Do Not Work
Did you know that a power of attorney is a legal document, in which the principal or grantor gives a person the power to act for him or her? This person is referred to as the agent. Generally the agent, on behalf of the principal, has the authority to sign legal...