Tools You Can Use to Leave Words of Wisdom to the Next Generation

You come into the world a blank slate, and as you grow, you gain wisdom. You’ve planned your estate to leave physical assets to beneficiaries, so now think about leaving them something that’s just as important but less tangible: the hard-won wisdom you’ve accumulated over your life. Let your family and friends learn from your […]

Read More »

How Your Trust Can Help a Loved One Who Struggles with Addiction

Substance addiction is by no means rare, impacting as many as one in seven Americans. Because of its prevalence, navigating a loved one’s addiction is actually a relatively common topic in everyday life. But you should also consider it when working on your estate planning. Whether the addiction is alcoholism, drug abuse, or behavioral like […]

Read More »

Which life events that require an immediate estate plan update?

Estate planning is the process of developing a strategy for the care and management of your estate if you become incapacitated or upon your death. One commonly known purpose of estate planning is to minimize taxes and costs, including taxes imposed on gifts, estates, generation skipping transfer and probate court costs. However, your plan must […]

Read More »

3 Decidedly Dumb Ways to Leave an Inheritance for Your Children

Estate planning offers many ways to leave your assets to your children, but it’s just as important to know what not to do. Here are some things that are all too common, but textbook examples of what not to do or try…. “Oral Wills” If you feel you have a good rapport with your family […]

Read More »

Safeguarding Your Estate Plan Against Three Worst-Case Scenarios

Here are three examples of worst-case scenarios with a descriptive demonstration of how a carefully crafted plan can address issues, from the predictable to the total surprise. Scenario One: Family Members Battle One Another You don’t want the people you care about most to get into a fight over your estate. Disputes over who should get […]

Read More »

How You Can Build an Estate Plan that Includes Asset Protection

Estate planning to determine the way a person’s assets will be distributed upon their death is only the tip of the iceberg. From conservative incapacity planning to diligent probate avoidance, there is a lot that goes into crafting a comprehensive estate plan. One important factor to consider is asset protection. One of the most important […]

Read More »

The Real Life Perils of Online and Do-It-Yourself (DIY) Estate Planning

With the number of online and do-it-yourself (DIY) legal providers continuing to grow and advertise heavily, you may be wondering if you could do your estate planning with the help of these forms. The advertising is seductive. Ads say, “attorneys use similar forms,” “the cost is significantly less than hiring an attorney,” and “many of […]

Read More »

The Value of Having a “Life Plan” in Estate Planning

All too often, estate planning is viewed as a transaction; just sign here, here, and here on a document: will, a living trust, and powers of attorney – then be off. But the best planning happens when an estate planning attorney can get to know the client on a deeper level, to uncover hopes, dreams, […]

Read More »

Why Does a Living Trust Cost More than a Will?

Yes, you will likely invest more in trust-based planning than will-based planning because you get a whole lot more value. Comparing these estate planning investments is like comparing apples and oranges – and the overall investment may not be what you think. A living trust document has more provisions than a will because it protects […]

Read More »

How to Align Insurance with Your Estate Plan

If you’re like most folks, you use a variety of insurance products to manage risk and protect you, your family, and your assets from losses caused by property damage, businesses, property, accidents, disability, retirement, and death. However, instead of considering these insurances as separate items, we suggest you make them part of an integrated, overall […]

Read More »