A Special Needs Trust for Special Needs Children
March is Developmental Disability Awareness month. If you’re the parent of a minor with special needs, this is a good time to take stock of estate planning provisions you’ve made ...
Estate Planning Family Discussions – Awkward But Necessary!
Many families have rules (spoken or unspoken) about what is and isn’t suitable for discussion. Such rules often concern issues pertaining to elder care and inheritance. The cautionary tale below ...
3 Estate Planning Tips When Preparing For Vacation
Just as you begin thinking about planning your next vacation, consider whether you are prepared if an emergency should arise. Give yourself plenty of time. Giving yourself plenty of time ...
Oh, How Time Passes! Holiday Visits with Elderly Loved Ones.
Holiday visits often highlight how much time has passed since we last saw loved ones. And, sometimes, during these visits, we notice physical or cognitive changes in elderly friends or ...
5 Resolutions You Can Keep that will Protect You and Your Family
Statistics show that New Year’s resolutions are maintained continuously by most Americans for only one or two weeks. Here are 5 resolutions that you can keep and that will help ...
2016 Estate and Gift Tax Exemption Amounts Announced
The Internal Revenue Service (IRS) has announced that for 2016 the estate and gift tax exemption limit increases to $5.45 million per person, an increase from $5.43 million per person. A qualifying ...
Can I Create A Trust for my Husband as His Attorney-in-Fact?
A general durable power of attorney is an important estate planning and elder law planning tool. A power of attorney allows the attorney-in-fact, also referred to as the agent, ...
Consider the Obligations and Burdens With Care before Accepting Appointment as Executor
Being designated by a friend or a loved one as the Executor of his or her estate is an honor, but with that designation comes many responsibilities and legal risks. ...
I’m Overwhelmed – I Need Help With My Banking Affairs!
For many seniors, taking care of their affairs, particularly paying bills, banking, and other financial matters, becomes more and more difficult as the years go by. When this happens, many ...
Testamentary Trusts – Controlling Your Assets After Your Gone!
Preparing your Last Will and Testament (the Will) is critical for helping insure that your wishes are respected after you’re gone. Married couples with children may have special concerns regarding ...