Estate Planning Law Articles
Articles written by attorneys and experts worldwide discussing legal aspects related to Estate Planning including: estate and trust, inheritance law, personal property, probate, wills.
July 18, 2012 By John Rogers Burk, A Law Corporation
In case the name doesn‘t ring any bells offhand, Stieg Larsson is the author of the awarding winning novel turned movie, The Girl with the Dragon Tattoo. Larsson was a Swedish journalistic all his life who turned novelist literally months prior to his death. Ultimately, his estate was valued at upwards of $50 million and climbing; however, his lifelong partner didn’t receive a dime as a result of Larsson’s lack of an estate plan.
July 18, 2012 By John Rogers Burk, A Law Corporation
Most of us have heard all the dire warnings about the future of the Social Security retirement program. Some analysts tell us that the program will cease to exist within just a few short years. Others tell us that beneficiaries are certain to see reductions in benefit checks while still others tell us not to worry--a solution is just around the corner.
July 18, 2012 By Law Offices of Richard B. Schneider, LLC
Who Watches the Watchmen?" has become a modern classic line. In case you don't know, The Watchmen are a fictional group of superheroes. In their story, they originally protected people, but then things broke down and people asked the famous line. It stands for the idea that no one should have complete and total power. It corrupts and thus, power needs to be watched.
July 18, 2012 By John M. O'Drobinak, P.C.
You have undoubtedly heard the old axiom "Life's not fair." We all know that it's true. We would like to believe that on some level, things even out and that as society progresses, things will get fairer. Maybe it will someday. But, that day is not today as most LGBT couples know all too well.
July 18, 2012 By Law Office of Roy W. Litherland
There are individuals who are naturally more exposed to potential legal actions than others, and for these people asset protection should be a priority. You have to act in advance to preserve your assets because your hands are tied once a suit is initiated.
July 18, 2012 By The O'Brien Law Firm LLC
Many of us remain unmarried by choice or by necessity. Maybe you are paired up but cannot legally marry because of laws prohibiting same-sex marriages, or maybe you’re on your way to marriage. You may also be choosing to live with another person instead of choosing marriage for personal reasons. Whatever the reason may be, you should carefully consider your future property rights together as unmarried cohabitants.
July 17, 2012 By Deborah Sexton Law Office, PA
An article in Forbes recently highlighted some of the important financial issues that those who have been diagnosed with a serious or life-threatening condition should consider. Though financial questions may be the last thing you want to think of if you are facing this situation, ignoring these issues won't make them go away. If you face them now, your family and loved ones may have an easier time of it later on.
July 17, 2012 By Augulis Law Firm
Relationships generally are going to unfold step-by-step, and when you have already been married before you may be in no hurry to actually tie the knot in a legally binding manner. In fact, census statistics are indicating that people are not remarrying as much as they used to, but this does not necessarily mean that they are not getting involved in committed relationships.
July 16, 2012 By Augulis Law Firm
Retirement planning attorneys are going to tell you that it is important to accumulate financial resources in anticipation of being able to put your working years behind you someday. This is however just one thing piece to the puzzle.
July 14, 2012 By Byrd Garrett PLLC
A recent article in Forbes points out that the terminally ill face several financial and estate planning questions that, though not often spoken about, are very important. If you've been diagnosed with a terminal illness, it’s important to speak to an estate planning attorney as soon as possible so you can begin addressing key concerns that will not only affect you, but also your family.
July 14, 2012 By Byrd Garrett PLLC
Of all the issues that arise after someone dies, it's often the financial ones that pose the most difficulties. If a spouse or family member passes, you may be unprepared to deal with the specific details of handling the decedent's financial affairs, including any debts left behind. It’s important to understand that family relatives are only rarely responsible for paying the decedent's debts. Here’s what you need to know.
For many senior citizens, the cost of medical care and services is a big concern. Often, healthcare plans that were in effect while working are no longer available or are financially out of reach. Many elderly Americans turn to the Medicaid program for assistance. Qualifying for the program can be difficult for an individual who has even minimum assets.
Most people have heard of the concept behind a Will contest, yet most have never been involved in one. A Last Will and Testament cannot be challenged simply because a potential beneficiary is not happy with what he or she received under the terms of the Will.
President Obama issued another round of proposed financial budget measures that would affect the 2013 fiscal year. On February 13, 2013, the President’s cabinet presented his plan to Congress. Focusing on permanently rebuilding a national economy, the President’s 2013 Budget Bill seeks to slash government spending and increase the tax rate for the wealthiest Americans.
July 12, 2012 By Frank & Kraft, Attorneys at Law
Some people have no shame, and this is evident when you look into the statistics regarding elder financial abuse. This has become a big problem in the United States today and it is an issue that is a source of concern within the elder law community.
July 12, 2012 By Frank & Kraft, Attorneys at Law
Statistics indicate that the majority of people who reach the age of eligibility rely on their Social Security benefits to provide most of their income. This can be either grossly inadequate or perfectly acceptable depending on two factors: The exact amount of your benefit and the financial responsibilities that you have when you enter into retirement.
July 12, 2012 By Evan Guthrie Law Firm
When you are planning an estate there is a common belief that an attorney is the only professional that you you will interact during the entire process. While the estate planning lawyer is undoubtedly the most important professional that you will interact with during the process of coming up with a plan there may be other experts that can help guide you to the path that you need to be on.
Oklahoma City estate planning attorneys are always reminding their clients to stay in touch because the initial estate plan is like a snapshot whereas estate planning as a whole is an ongoing motion picture of sorts. As things change, the estate plan that you previously constructed may need to be updated – something to keep in mind every step of the way.
You have to think things all the way through in order to find the motivation that you need to stop procrastinating and finally start making preparations for the future. If you asked a random sampling of individuals about the things that are most important to them, “family” would probably be at the top of the list for the majority of the respondents.
When you evaluate the basic anatomy of a revocable living trust you see that there are three principal players. We would like to break it down in a very rudimentary manner for you here.
When you think about a Last Will, the act of stating your wishes in writing is probably the thing that comes to mind. However, there is more to it than simply letting everyone know how you would like your resources to be distributed after your passing.
Keeping your fingers crossed while hoping for the best is no substitute for intelligent planning when you are considering the eventualities of aging. As the Baby Boomers reach retirement age, studies show that a high percentage of them are unprepared.
July 10, 2012 By Evan Guthrie Law Firm
A good portion of parents with children eventually want to pass on the property they own to their children. Some might think that it is a good idea to put their real estate, home, property, or land in the name of their children while they are still alive. This type of estate plan can be easy to set up and can most likely be done without a lawyer, but it is full of dangers and risks that can pop up and bite you if you are not careful.
Who Should Be the Personal Representative or Executor if You Have No Family or Friends You Can Trust
July 9, 2012 By Evan Guthrie Law Firm
When you make a will one of the most important and difficult decisions you will make is who to name as personal representative or executor. This is the person who is in charge of your estate when you die and will have to tie up loose ends, pay debts, and distribute everything according to your will.
July 8, 2012 By Evan Guthrie Law Firm
Planning for your funeral is an important aspect of having a complete estate plan. One of the goals for any estate plan should be to make everything as easy as possible for your loved ones once you pass on. During the period immediately following your death can be a difficult time for those you leave behind.
July 4, 2012 By The Zimmer Law Firm
The generation that grew up in the postwar economic boom is bringing with it new expectations as it enters retirement at a rate of 10,000 people per day. Just as they drove change in American society as they took leadership roles in business, academia, technology and government. Baby boomers are changing the way retirement communities and senior living centers serve the needs of elderly Americans.
July 3, 2012 By Anderson, Dorn & Rader, Ltd.
If you have heard claims such as “protect your estate assets and still qualify for Medicaid” and wondered about the legality of the claims, you are smart to do so. Although it is possible to legally protect many of your assets and still qualify for the Medicaid program, it must be done carefully, and with the help of an experienced elder law attorney, in order to prevent Medicaid fraud.
July 2, 2012 By Law Offices of Richard B. Schneider, LLC
Many people never think about making an estate plan. Let’s take a moment and consider this: if you are going to make an estate plan what are the steps that you would take to make the best possible plan?
June 30, 2012 By Augulis Law Firm
There are some people who will go to any lengths to line their own pockets, and they will even stoop so low as to target senior citizens. Indeed, elder financial abuse is all too common these days and expert observers are finding that the problem is on the rise.
June 30, 2012 By Frank & Kraft, Attorneys at Law
It is a rude awakening when you start to reach middle-age and find that you are not prepared for retirement. One of the reasons why far too many people find themselves in a bad position is because they expect too much from Social Security and Medicare.
June 30, 2012 By Law Offices of Barton P. Levine
You have likely been told how important estate planning is by numerous people. If you are like many people though, a real life example hits home much more effectively than general advice. The Larry Hillblom story is one of many famous examples of why estate planning should be done early one and revised on a regular basis.
Do you have a legal plan in place in case you should become mentally disabled or in the event of your death? If not, your family may face a long and stressful time in court. When you don’t have an estate plan to deal with end-of-life issues such as the distribution of your property and guardianship for your children, state law takes over and decides the fate of your estate.
While most of us are aware of the risks of not having an estate plan the truth is, having an inadequate plan can be just as risky. Your estate plan should do more than just distribute your assets – it should protect them as well. A good plan can also protect your loved ones from things like probate and excessive taxes and legal fees.
Payable on Death or Transfer on Death Accounts may be an option to avoid probate and allow your beneficiary immediate access to your accounts. Payable on Death Accounts are useful for bank accounts. They allow you to name a specific beneficiary so your loved one may have immediate access to your accounts upon your death.
With state budgets increasingly tight and Medicaid set to expand drastically in 2014, many lawmakers are looking for ways to decrease the impact Medicaid has on state budgets. One of the possible avenues some lawmakers are considering is further decreasing the extent to which Medicaid fraud impacts the joint federal and state program.
June 29, 2012 By John M. O'Drobinak, P.C.
A month ago my computer crashed. It was devastating. Every time I tried to start the thing, I got nowhere. I looked online for answers and followed a lot of advice, but nothing seemed to work. I thought that I had lost all of my files. That meant the loss of not only important work-related documents, but also important family pictures. It was devastating.
June 29, 2012 By Law Office of Roy W. Litherland
Imagine being a young adult who is transitioning into a new phase of life. You have your first child on the way, and you are envisioning all of the things that you have to take care of as the big day approaches. You will invariably start to buy baby clothes and other necessities while you fix up a room for your firstborn child. The anticipation is indescribable as you face the realities of parenthood.
June 28, 2012 By Law Offices of John C. Martin
While retirement accounts do provide healthy tax incentives to save money during one’s lifetime, most people don’t consider what will happen to the accounts at death. The reality is, these accounts can be subject to both estate and income taxes at death. However, choosing a beneficiary carefully can minimize—or even eliminate—taxation of retirement accounts at death. This article discusses several issues to consider when choosing plan beneficiaries.
Most people don't spend their daily lives dealing with the language of the law. Because of this, it’s important for anyone creating a Will to take a few moments and learn about some of the common legal terms involved. Here's a brief list of some of the more commonly found words with which you may not be familiar.
A good estate plan is, often, one that will avoid any probate court complications, thus saving your estate time and money. While probate courts are often unfairly regarded as needlessly bureaucratic, they also handle numerous important legal issues, not all of which are related to estate planning. Let’s take a look at some of the more important issues that might wind up before a probate court.
The costs associated with the growing number of Americans who have fallen into poverty and are relying upon Medicaid for health care insurance are being complicated by the money lost to Medicaid fraud each year. It's estimated that the federal government alone lost about $22 billion of Medicaid funds last year to fraudulent claims.
June 28, 2012 By German Law Group
While many people make Medicare coverage part of their retirement plan, not everyone knows that Medicare doesn't pay for long-term care coverage. While some people plan on using long-term care insurance or private payment options if they ever need to relocate to a nursing home or assisted living environment, you may be able to use Medicaid to pay for the care costs as well. Let’s take a look at a few common questions about Medicaid planning and how it can help you.
June 28, 2012 By Deborah Sexton Law Office, PA
While many Americans have been hit hard by the recession, baby boomers and elderly Americans are increasingly more in debt than they have been for decades. A report from the Employee Benefit Research Institute shows that 81.7 percent of Americans aged 55 to 64 have both household and consumer debt. This represents an increase of almost 10 percent between 1992 and 2007.
June 28, 2012 By Deborah Sexton Law Office, PA
While planning for retirement, many people focus on the money they'll need to support themselves and their family after they stop working. What few people plan for is the possibility that they will have to pay for their elderly parent's nursing home expenses. Though not widely reported, about 30 states have laws that allow nursing homes and other extended care facilities to pursue the adult children of someone staying in the care facility.
June 28, 2012 By The O'Brien Law Firm LLC
You might think that you would be able to leave behind resources to your loved ones after you pass away fully intact. After all, whatever you have accumulated throughout your life is a reminder that you were able to hang onto after paying enumerable taxes every step of the way.
June 27, 2012 By German Law Group
Estate plans do not come in a one-size-fits-all product, and all estate plans need to be changed whenever certain life events arise. Divorcing or legally separating from your spouse is one of these events. If you believe you may be getting a divorce or separation, you need to speak to your estate planning lawyer so you can make the necessary changes.
June 27, 2012 By German Law Group
It's very common to come across news stories about disputes that arise after a famous or wealthy person has died. These family conflicts often lead to broken family relationships that can never be healed. Having an estate plan will go a long way in helping to avoid these types of family conflicts. Not having a plan, on the other hand, can lead to all sorts of difficulties.
June 27, 2012 By Michael Chambers & Co. LLC
Although it is often said that a person may not make a Will in Cyprus, this is in fact a gross oversimplification of the legal provisions regarding inheritance in Cyprus. In fact, some individuals are able to make a Will for their whole estate and others are entitled to make a Will for the, so-called, “disposable portion” of their estate.
June 27, 2012 By Law Offices of Richard B. Schneider, LLC
Everyone needs an estate plan. If you are smart, you know that you need an attorney to draft your estate plan. Estate plans have legal consequences, so it only makes sense to hire a legal expert to create your plan. You wouldn't hire a roofer to fix a cavity. You would go to the dentist for that.
June 27, 2012 By Augulis Law Firm
When you are enjoying your prime earning years you have a certain amount of financial power. Once you retire you may find yourself living on a fixed income with little flexibility available to you. As a result you must look ahead toward the future when you are still working and plan ahead intelligently so that you can enjoy your retirement years to the fullest without any financial concerns.
June 27, 2012 By John R. Vermillion & Associates, LLC
In a small majority of states, adult children of elderly parents may be required to pay for the parent's long-term care expenses if the parent is not able to. Thirty states have what are called filial responsibility laws. These laws require the children to pay for their parent's nursing home expenses. Though they have rarely been enforced, they apply if an elderly parent is considered indigent and the adult children are able to pay.
June 25, 2012 By The Zimmer Law Firm
Moving to a new home probably means making long lists of Things to Do. If you’re moving across state lines, be sure to add an Estate Plan Review high on the list. Even though each state must honor legal documents made in other states, each state makes its own laws for the formalities and substance of wills, trusts ,powers of attorney, and health care directives. This can lead to some confusing consequences.
Although you may not know the name, you have probably read the novel or seen the movie based on the novel The Girl with the Dragon Tattoo, which was written by Larsson. Larsson was a lifelong journalist -- often authoring controversial political pieces. As do many writers, Larsson had a novel in his head that had to be put down on paper.
Death is not a popular topic for obvious reasons. Most of us prefer not to spend much time thinking about the possibility of dying, at least not anytime soon. It can happen though, and being financially and practically prepared is important.
If you have worked hard all of your life, and are at the point where you are starting to think about your golden years you are probably counting on Social Security retirement benefits to fund at least a portion of your golden years.
If you have recently lost a parent, you are undoubtedly going through the grieving process that follows such a deep loss. The loss of a parent is never easy. If you are also concerned that something is not right about her Last Will and Testament, your grief is likely also joined by worry.
Marriage in the United States is much more than an emotional commitment between two people--it is an official status that comes with numerous financial and legal benefits to the partners. Anyone who is in a same sex relationship is all too aware of this fact.
If you are one of America’s farmers or ranchers, estate planning includes some significant hurdles for you that it does not include for other types of businesses. Although estate planning is always important, for a farmer or rancher it often takes on a heightened importance to ensure that the farm or ranch assets are not lost to estate taxes upon your death.
June 22, 2012 By John Rogers Burk, A Law Corporation
Losing a parent can be one of the most emotionally difficult times you will ever have to face during your lifetime. Sitting down to hear the terms of your mother’s or father’s Last Will and Testament is often one of the most difficult parts of the loss.
June 22, 2012 By Law Office of Roy W. Litherland
As you are thinking about the quality of life that you will lead as a senior citizen, you must be pragmatic about your present-day actions. Social Security alone is probably not going to be enough to provide you with a truly comfortable retirement, and Medicare does not pay for everything. So, to be able to realize your ideal retirement vision, you are going to have to engage in some intelligent long-term planning.
June 22, 2012 By Frank & Kraft, Attorneys at Law
Once you have drawn up your Last Will you have taken an important first step, but things are not going to simply take care of themselves when the time comes. After you pass away your estate is going to have to be probated before the rightful heirs to the estate receive their inheritances.
June 21, 2012 By Law Offices of John C. Martin
A revocable trust can minimize or eliminate the supervision of probate courts; increase privacy, reduce expenses and costs; and simplify the administration process at death. However, a failure to fund can result in costly probate proceedings or worse—a transfer of your estate to the wrong beneficiaries. Rather than undermining the very purposes of the trust by failing to fund, individuals should take concrete steps in order to ensure complete trust funding.
June 21, 2012 By John M. O'Drobinak, P.C.
If you have been appointed to be the Executor of a Will, you have a lot of work to do. The Executor needs to gather all of the assets of the estate and distribute them according to the terms of the Will. That's the easy part.
June 21, 2012 By Halliday Campbell WS
Some would have you believe that Scots law allows anyone to be the Lord of, if not all he surveys, at least a square foot of the Scottish Highlands. One site advertises souvenir plots “from just £29.99” and claims that, in return, you can use a clan crest, coat-of-arms and tartan. By “Scottish tradition”, it says, ownership of the plot “legally allows” you to use the courtesy title of Laird, Lord or Lady. But what is the legal truth behind these offers of instant ennoblement?
June 21, 2012 By Law Offices of Barton P. Levine
With even the President of the United States openly supporting the rights of same-sex couples to marry the future looks brighter than ever for gay couples who want to enter into a legal marriage. For now, however, statistics tell us that as many as one million same-sex couples in America continue to struggle with providing similar rights and protections to their partner that a traditional marriage provides when it comes to estate planning.
June 21, 2012 By Robert J. Kulas, P.A.
Many people are unaware of probate courts and what they do. If you've begun your estate planning efforts you may know that probate courts are responsible for supervising the estate administration process, even though they also do a lot more. Though each state court has different responsibilities, let’s take a look at some of the more common matters that probate courts handle.
June 21, 2012 By Deborah Sexton Law Office, PA
A recent article in the Wall Street Journal highlights how Medicaid, especially after the passing of the Affordable Care Act is changing the way many Americans look at healthcare and retirement planning. Though originally enacted as a plan to provide health insurance to the needy, Medicaid is becoming more widely available to those who previously had been ineligible.
June 21, 2012 By Law Offices of Richard B. Schneider, LLC
People like to make money. Estate planning attorneys are not any different. Most people, however, like to make money in ways that are not headache inducing. Estate planning attorneys are not any different in that respect either.
June 20, 2012 By Purcell & Amen, L.L.C.
Family farms and ranches face some of the same estate planning obstacles as any other business; however, there are some aspects of estate planning that are unique to the family farm or ranch. If you own a family farm or ranch, and plan to pass it down to future generations, careful estate planning is critical to avoid losing your farm or ranch to estate taxes.
June 20, 2012 By Nash Nash Bean & Ford, LLP
Many people wonder how much control they should retain over the assets they leave to their heirs. Some people want to just give them everything away and let their heirs do with it what they will. Other people want to dictate everything that their heirs can do with their inheritances. Both of those are extremes. Most people will find themselves somewhere in the middle.
June 20, 2012 By Frank & Kraft, Attorneys at Law
As you are making preparations for the future you are going to want to discuss all of the possibilities with an experienced local Indianapolis estate planning lawyer. Out of a lack of information there are those who go forward assuming that a last will is the best and only choice, but this is a mistake.
June 20, 2012 By Byrd Garrett PLLC
For many people, creating an estate plan so that your estate can avoid having to go through probate is one of the main goals of beginning the planning process. However, probate courts do not simply exist to delay the estate settlement process. These courts exist in all states and are responsible for hearing numerous important legal issues. Let's take a look at some of the common issues probate courts handle.
June 20, 2012 By Augulis Law Firm
There is an old saying about "things taking care of themselves," but do things really work that way? Perhaps some matters can fall into place organically from time to time but this is certainly not the case when it comes to estate planning.
June 19, 2012 By Purely Probate
Summary of the process for obtaining UK probate if a non UK resident dies dies with a bank account, shares or other assets in the UK. Non UK residents who travel regularly to the UK may have UK assets such as a bank account or shares. Unless the amount in the account is very small the banks won’t release the money in the account to the executors without UK Probate. The shares can’t be sold.
How Anticipating Future Problems with Powerful Estate Planning Documents Can Save You Time and Money
June 18, 2012 By Law Offices of John C. Martin
This article discusses ways to beef up your California estate planning documents in order to minimize costs. Want to save money with wills, trusts, and estate? The best way is to plan for changed circumstances with estate planning documents that anticipate future changes in the law. Special emphasis on: special needs trusts; IRA accounts and retirement accounts; divorce protection; beneficiary-controlled trusts; asset protection; medi-cal planning; and generation skipping transfer tax.
June 14, 2012 By Law Office of Roy W. Litherland
Once you start to get serious about exploring your options regarding vehicles of asset transfer, you may recognize the value of revocable living trusts. As the name suggests, these vehicles are revocable so you can change things or even dissolve the trust should you choose to do so.
Your Last Will and Testament is the foundation of your estate plan. Everything starts there and eventually comes back to there if not disposed of by another estate planning document such as a living trust. For this reason, your Will should be prepared with care to ensure that all the proverbial “Is” are dotted and “Ts” are crossed.
Anyone over the age of about 40 should be aware that the Social Security retirement system has problems. We have all heard the warnings. Unless you are a financial analyst, you likely don’t know what to make of all the warnings. Will the system disappear entirely before I retire? Will the benefits decrease? Are the warnings unfounded?
With President Obama’s recent public announcement in support of the right for same sex couples to marry, the tide may finally be turning for same sex couples. Until there is universal acceptance for the right of same sex couples to marry though, partners must take advantage of all the estate planning tools that are now available to protect each other.
June 13, 2012 By Robert J. Kulas, P.A.
Making a Will is not typically a difficult process, though it can require a little bit of study to make the process go more smoothly. There are a lot of uncommon words and terminology used in the will making process that you should be aware of before you begin making your own will. Let's take a look at some of the more important terms you may encounter.
June 13, 2012 By Robert J. Kulas, P.A.
Married couples planning on divorcing sometimes under estimate the extent to which the divorce will impact their estate plans. Not only will you have to change key documents such as your will and your advance directive, but you may also have to create additional estate planning tools to protect your property and ensure the divorce will not cause problems with your estate plan later.
June 13, 2012 By Deborah Sexton Law Office, PA
Though the recession officially ended in 2009, states are still struggling to cope with the massive increase in Medicaid expenses associated with the recent economic downturn. Between 2007 and 2009, Medicaid expenses rose by an average of 6.6 percent per year, according to a new study from the Kaiser Foundation, a nonprofit organization.
June 13, 2012 By Augulis Law Firm
If you were to decide to use a revocable living trust rather than a last Will to facilitate the transfer of your assets after your passing you would find that there are three primary participants. The creator of the trust is of course one of them, and this individual is known as the grantor or settlor of the trust.
June 13, 2012 By John M. O'Drobinak, P.C.
Many people would rather draft their own Wills by using forms provided by online legal service companies instead of hiring an estate planning attorney. Sometimes, those forms are not legally valid. Leaving that issue aside, a big problem with using forms is that the people who do so do not often hear about all of their options.
June 12, 2012 By Byrd Garrett PLLC
Some of the most contentious fights between family members after a parent dies are not over the big items or the amount of inheritance but rather over the smaller family heirlooms that tend to have more sentimental value than anything else. Avoiding such conflicts should be at least one goal of any good estate plan. Here are several tips you can use to ensure no conflicts arise over family heirlooms.
June 12, 2012 By Byrd Garrett PLLC
In some situations, a married couple may decide to separate legally, instead of divorcing. While a legal separation contains very similar provisions to a divorce there are certain estate planning concerns that legally separated couples have that a divorced couple does not. It's important to speak to your estate planning attorney if you plan on getting a legal separation.
June 12, 2012 By Law Offices of Richard B. Schneider, LLC
When you first start to think about what you want to happen to your property after you pass away it is very easy to get confused. In estate planning there are so many different options and legal instruments that to lay people it often seems like the only choice is to throw up their hands and forget about it. Estate planning methods often seem like this, that, and the other thing.
June 12, 2012 By Frank & Kraft, Attorneys at Law
If you let the chips fall as they may with regard to funeral arrangements they are not going to fall into a void. The responsibility is going to land squarely in the laps of your family members, and this is something to keep in mind if you have made no final plans on your own.
June 7, 2012 By Deborah Sexton Law Office, PA
One out of every five adults, or about 50 million Americans, have been diagnosed with some form of arthritis. Though many of these people are elderly, about half of all arthritis sufferers are under the age of 65. If you begin noticing any of the typical warning signs associated with arthritis, you should speak to your doctor so you can start a treatment regimen. Early detection is always better than catching it too late.
June 6, 2012 By Augulis Law Firm
To be comprehensively prepared for the inevitable you must consider all of the basic hand to mouth details. One of these would be funeral arrangements. There are those who assume that this is something that family members should take care of, but in fact there are a lot of choices that must be made and it may be best to make them yourself.
June 6, 2012 By Purcell & Amen, L.L.C.
A person’s Last Will and Testament may be the most important legal document that he or she ever creates. As such, it should be created after careful contemplation and consideration, while the person is of sound mind, and with the assistance of an experienced estate planning attorney.
June 6, 2012 By John R. Vermillion & Associates, LLC
The lingering effects of the recent economic downturn are still being felt as states continue to struggle with their Medicaid budgets. A new study released in early May from the nonprofit Kaiser Foundation reports that the number of Americans seeking healthcare through the Medicaid program increased dramatically between 2007 and 2009.
June 4, 2012 By Law Offices of Richard B. Schneider, LLC
People who do not have a lot of money often dream about what they would do if they suddenly received a windfall. They think about how they would spend the money, that is and not about how they would manage it. There is a reason the old question is "What would you buy if you won the lottery," and not, "How would you manage your money if you won the lottery?"
June 4, 2012 By Law Office of Roy W. Litherland
It can be challenging to wrap your head around the possibility that a time may come when you may be in a much different mental and physical state than you are at present. Different stages of life bring certain eventualities along with them, and it is far easier to face them if you are properly prepared.
June 4, 2012 By Frank & Kraft, Attorneys at Law
There have been precious few individuals in the history of the entertainment industry who have had the type of impact that Dick Clark had over his long and illustrious career. The professional legacy of Dick Clark will live on for generations to come, and he really laid the groundwork for the merger of music and television that is so commonplace today.
June 3, 2012 By John R. Vermillion & Associates, LLC
Let's say you've gone through the trouble of writing your will, readying your powers of attorney, and have developed an estate plan that meets all of your needs. What happens if you suddenly need to move into a nursing home? Will your estate plan be able to protect you and your assets from the often extreme costs associated with extended care living?
June 2, 2012 By Nash Nash Bean & Ford, LLP
Even the best drafted estate plan in the world cannot guarantee your family will get along after you pass away. Sometimes, family fights over an estate plan are unavoidable. However, a well-crafted estate plan can lessen the possibilities of disputes and discourage challenges to your estate plan.
June 1, 2012 By Parris Whittaker, Attorney at Law
None of us can avoid life’s eventual certainty of death, but you can avoid substantial problems arising on death by making a Will. One of the most important things you can do for your loved ones in relation to your assets is to make a Will - and to ensure your Will is properly drawn up. You will, of course, want to ensure your money and assets pass to your chosen beneficiaries; and you will need to adequately provide for your loved ones such as your spouse and children on your death.
June 1, 2012 By Law Office of Roy W. Litherland
The Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 is scheduled to expire, or sunset, at the end of the year. If you do not take the necessary steps to gain tax efficiency, you could be missing out on a window of opportunity and lose a great deal of money in the process.
May 31, 2012 By John Rogers Burk, A Law Corporation
Warning people about the possible consequences of bad estate planning is akin to warning people about the dangers of smoking -- they know it’s true, but without a real life example the point often does not hit home. Unfortunately, if the real life example turns out to be you, then your loved ones may be the ones paying the price for your bad estate planning.