In 2008, Congress determined that due to the importance and benefits estate planning has for Americans and their families, it was necessary to bring awareness to the cause. Since, the third week of October has been recognized as National...
For many parents, starting a family is anxiety-producing as well as joyful since having children makes them aware of the weight of parental responsibility. They may wonder how their family would manage if they were suddenly injured, became ill, or passed away. That’s when having an experienced, dependable estate planning attorney...
Probate is the process through which property is legally transferred when someone dies. It can be time-consuming, costly, and confusing, especially when the estate is of high net worth or is otherwise complicated. For this reason, many individuals and families seek astute estate planning attorneys to help them avoid...
Since the beginning of the pandemic, we have been offering virtual meetings. Here are a few reasons people prefer them.
Time:
They’re far more efficient.Saves drive time.Easier to schedule – reduces the effort of scheduling your life around a meeting.Inclusivity:
Only a small percentage of businesses in the U.S. have business succession plans in place. This is not a good idea, even if a family member is ready and willing to take over. Two facts make a succession plan, actually two succession plans, necessary:
No one knows when...
More people than you might think put off estate planning until they are getting ready to retire or have already retired. This is a bad idea for a number of reasons that we will discuss, but basically an estate “plan” is a road map to the future so it makes sense to...
Having put a well-crafted estate plan in place, many people feel that they are now finished with the task. But not following up with a regular review of your estate plan is comparable to not visiting the dentist for years after having your teeth cleaned — likely to result in serious trouble....
Now that you’ve gotten down to the task of estate planning, you want to find the most qualified estate planning attorney for the job, but also someone who is caring and supportive, someone with whom you are compatible, someone you can trust. After all, you will be sharing some private details about...
For starters, a revocable trust is a changeable, amendable, revocable document. The opposite is not true: It is not true that all irrevocable trusts cannot be changed. This article seeks to briefly explore some examples of the types of irrevocable trusts that can be altered, in what way, and why drafting for...
Q: Mary asks, “My husband passed away last month. How do I handle notifying Social Security that he has passed?”
A: Social Security should be notified as soon as possible when a person dies. In most...
