Can Mom Leave a Home to Daughter in a Trust?
If you want a legal plan that avoids probate court, there are two options: first, an enhanced life estate deed, and second a living trust. Each has its pros and cons.
Estate Law Blogs & News
Top Reasons to Add Beneficiary Designations
Losing a loved one isn’t just an emotional burden—it also carries an administrative load. There are flower arrangements to pick, eulogies to write and a stream of paperwork to sort through.
Should I Have an Advance Directive in the Pandemic?
If you get COVID-19 and struggle to breathe, would you want to be put on a ventilator? Whatever your answer, ask yourself another question: Who would make your wishes clear, if you couldn’t speak for yourself?
Dealing with disinheritance and spouses?
Parents may delay creating an elder law estate plan, because of the in-law issue. Some parents are unfortunately estranged from an adult child, only because of the problematic son-in-law or daughter-in-law.
Should You Tap Retirement Funds in a Crisis?
U.S. has been making it easier for people to access long-term savings for emergencies, trading future financial security to stay afloat.
Why You Need an Estate Plan, Especially Now
It’s never too early to start working on how your things will be handled, once you pass away.
What You Need to Know about Creating A Will
If you pass away with no will, a state court may decide who gets your assets and — if you have children — who will care for them.
How Do I Avoid Estate Planning Mistakes?
Planning for death is like any other transition of life, except this is one we can make easier for our loved ones. Don’t let the process of settling your estate, a process commonly known as probate, get in their way — and cost them more money.
Elder Financial Abuse Fraud Occurs To Often.
Take, for example, the sad and sordid tax case of Mary Ellen Cranmer Nice vs. United States of America, which would not have existed if an attentive financial advisor hadn’t noticed the large IRA distributions that were allegedly stolen right from under a matriarch’s nose.
What Parts of Estate Plan Should Be Reviewed?
Many people are taking this time at home during the COVID-19 crisis to update their estate plan. Here are six critical estate plan components you should focus on, in light of the current pandemic.
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