The next generation may be willing to continue. However, it is important to prepare for the legal issues.
If it turns out that the next generation of a family with a farm want to work it, you have a...
Families Deal with Estate Planning Opportunities
The basics of estate planning can deal with various situations.
Since family situations differ greatly, there can be challenges and opportunities as the members deal with estate planning basics, according to the Chicago Tribune in “Dealing with property transfers and gift...
Unmarried Couples without Wills Can Face Some Challenges
Rights can become complicated, if there is no estate plan or will.
If you and your partner are an unmarried couple, there’s a good chance you are going to face some difficulties when it comes to medical decisions...
Lost Track of Your Retirement Benefits?
Changed jobs? Moved around? Don’t know where your accounts are located?
There may be more retirement money out there for you, if you have changed jobs during your lifetime and haven’t kept track of the accounts, according to the Albany...
Some Retirement Errors Can Be Fixed while Others Cannot
There are mistakes that can be avoided, and others may still be fixed. However, it is better to get it right the first time.
You can spend a lot of time planning for retirement. However, you can still make...
Reasons to hire a CELA®
As we age we face issues, dilemmas, predicaments that too often our life experiences haven’t prepared us for. This includes issues related to health care, long term care planning, guardianship, retirement, Social Security, Medicare/Medicaid, and other important matters. Elder law attorneys specialize...
Passing on Vacation Home? Do They Really Want It?
If you are going to pass it on, you probably want to pass it on sooner rather than later.
You can pass on a gift of $11.4 million under the new tax laws, without paying federal estate tax. However,...
A Will Is a Good Start on an Estate Plan
A periodic review will also give you an idea of any changes that are necessary.
A will is certainly something that should be completed. However, it isn’t a document to put on the shelf and forgotten because as your...
What Is the Best Tool? Could Be a Will, Could Be a Trust
You never know what the future will bring. It is best to make plans and follow them.
It can take a little time, some expense and some difficult planning. However, it is very wise to have an estate planning...
A Durable Power of Attorney Can Be Quite Helpful
A durable Power of Attorney can be set up in different ways.
You do not have to give up total control, when granting a Durable Power of Attorney, according to The Daily Sentinel’s article “Tools to help your aging parent.” Granting a...