When There’s No Will, Problems May Arise
A critical part of estate planning involves preparing your Will. Doing so helps ensure that your estate will be distributed to your heirs according to your wishes. Unfortunately, many people ...
Estate Planning – Questions About Tangible Personal Property
Preparing a Will enables you to direct how and to whom your estate will be distributed once you’re gone. Your estate is comprised of your intangible personal property (including cash, IRA’s, ...
Estate Planning: Telling your Children What You’re Planning and Why
A critical part of estate planning involves identifying your beneficiaries, and specifying what they will inherit. Parents (particularly those who are widowed or divorced) often designate their children as beneficiaries. ...
The Perils of Inconsistencies Between Divorce Decrees and Beneficiary Designations.
The standard language in divorce decrees regarding each party’s obligation to maintain life insurance for the children of the marriage is, in many instances, not sufficient to protect the intended ...
If You Do Not Want Your Executor to Receive a Commission, Put It In Writing!
Unfortunately, when a loved one dies, arguments may arise among the heirs to the estate (also known as the beneficiaries). One potential area of dispute may involve a commission due the Executor ...
Executor, Trustee, and Testamentary Guardian – What’s the Difference?
Legal documents can be difficult to understand, containing unfamiliar words. In the case of Wills, certain key terms frequently cause confusion – specifically, Executor, Trustee, and Testamentary Guardian. We ...
My Authority Under the The Power of Attorney Ended?
One important aspect of estate planning involves the Power of Attorney (POA). Much confusion abounds regarding when POAs stop being in effect. We hope the following discussion will help clarify ...
CCRC: An Alternate Long Term Care Option for Baby Boomers
Times change…. That’s a given. And, for those of us at or approaching retirement, how we expect to live out our senior years has certainly changed. In the not too ...
Observation Stays in the Hospital: The Impact on Medicare Beneficiaries
The National Academy of Elder Law Attorneys (NAELA) has designated May National Elder Law Month. Below is a recent article that appeared in the NAELA: Eye on Elder and Special ...
May is National Elder Law Month
The National Academy of Elder Law Attorneys (NAELA) has designated May “Elder Law Month.” NAELA members are attorneys who are experienced and trained in working with the legal problems ...