The Hidden Truth About Wills and Probate – Video
Heir-Raising Concerns? Why a Family Powwow with Your Elder Lawyer Might Be the Answer
You’ve spent a lifetime building your legacy, but now you’re tossing and turning at night, worried about how your heirs might handle it. As a elder lawyer, I’ve sat across the desk from countless clients who share these concerns. They wonder: Will my wishes be respected? Could one of my children challenge my decisions? Might […]
Estate Planning Red Flags: A Will and Trust Lawyer Reveals Common Parental Missteps
As a Will and Trust Lawyer, I’ve seen firsthand the consequences of inadequate estate planning. Many parents, regardless of age, overlook crucial aspects of securing their family’s future. Whether you’re a new parent, think you’re too young for estate planning, or haven’t updated your documents in years, this post is for you. Let’s explore some […]
Deeds Decoded: Your Trust Lawyer Unveils Property Transfer Documents
As a Trust Lawyer, I often encounter questions about different types of property documents. Two that frequently come up are documents for transferring property ownership and those used in lending situations. Let’s explore these important legal instruments and how they might impact your property rights. Ownership Transfer Documents Documents like Grant Deeds or Warranty Deeds […]
The Election Won’t Change the Government’s Plan for Your Family and Assets… You Need an Estate Plan!
As we round out another election season, it’s natural to focus on how government policies might affect our families and finances. However, as any experienced estate planning lawyer will tell you, there’s a crucial aspect of your family’s future that remains constant regardless of who’s in office: the need for a personalized estate plan. The […]
What Happens If You Can’t Find All Your Loved One’s Assets?
Inheriting an IRA can be a significant financial event, and recent changes to the IRS rules make it crucial for beneficiaries to understand their obligations. Whether you’re in or elsewhere, these new regulations could significantly impact your inheritance. As a estate planning lawyer, I’ll break down the key changes and how they could affect your […]
When do You Need a Trust?
Because of recent changes to the law, trusts don’t need to be used as much as they once were. One of the main reasons we used a trust in the past was to keep real estate out of probate. Now, thanks to the change, we don’t need a trust for that… So, when do you […]
Understanding the New Inherited IRA Rules: A Estate Planning Lawyer’s Perspective
Inheriting an IRA can be a significant financial event, and recent changes to the IRS rules make it crucial for beneficiaries to understand their obligations. Whether you’re in or elsewhere, these new regulations could significantly impact your inheritance. As a estate planning lawyer, I’ll break down the key changes and how they could affect your […]
Lessons from Prince’s Estate: Trust Lawyer on Avoiding Family Drama When Planning Your Legacy
Even iconic artists like Prince can encounter estate planning challenges. As a devoted fan of many musical legends, I was surprised as an trust lawyer to learn that Prince passed away without a trust or will. Sadly, the resulting legal battles within his estate continue to make headlines. Let’s delve into the situation and discover […]
How an ILIT Can Help Protect Your Family’s Wealth: Advice from an Inheritance Lawyer
As an inheritance lawyer, I often recommend Irrevocable Life Insurance Trusts (ILITs) to clients looking to protect their family’s wealth. Life insurance is a powerful estate planning tool, but without proper planning, it can become vulnerable to creditors or unnecessarily inflate your taxable estate. Let’s explore how an ILIT can help safeguard your family’s financial […]