Legacy Design Strategies
Omaha, NE, Minot, ND and Iowa Fall, IA Estate Planning and Elder Law Firm

Estate Planning and Elder Law Blog

Sort by Category:

Can a Trust Be Amended?

In their trust they leave each other their share upon death and then I would be trustee when my last parent dies. I’m really concerned about this whole deal.

Posted on: September 3, 2019

When Does a No Contest Clause Make Sense?

A No Contest clause is mostly what it sounds like. It is a paragraph that can be included in a Last Will and Testament or a trust, which basically states that anyone who challenges the validity of the document or the way it distributes or manages the assets of the estate will receive less than what the document would have otherwise allowed.

Posted on: September 2, 2019

Preparing for the Legal and Medical Aspects of End-of-Life

We plan for so many transitions in life: births, graduations, weddings, retirement and moves. We want these transitions to go smoothly and be as comfortable and easy as possible.

Posted on: August 30, 2019

Second Time Down the Aisle? Make Sure Estate Plan Is Ready

The first thing to realize is that as soon as you marry, your spouse is granted certain inheritance rights under law. However, these rights of inheritance can be waived or modified by using an anti-nuptial agreement, or as its more commonly known, a pre-nuptial agreement.

Posted on: August 29, 2019

Why an Attorney Should Help with a Medicaid Application

Many seniors and their families don’t use a lawyer to plan for long-term care or Medicaid, often because they’re afraid of the cost.

Posted on: August 28, 2019

How Do I Title My Property Correctly for My Estate Plan?

If you think Estate Planning is simply the creation of a will or trust, you are missing a large portion of information, and could potentially have assets that do not flow according to the plan you have set up in your will or trust.

Posted on: August 27, 2019

Why Estate Planning is Essential for Small Business Owners

Developing a proper business plan, securing financing, marketing, paying taxes and all of the other small, but significant, details will surely be some of the most challenging yet rewarding work that you will perform in your lifetime.

Posted on: August 26, 2019

How to Plan for Long-Term Care Costs

A one-bedroom apartment in an assisted-living facility will cost you $194 per day–or about $71,000 per year. A home health aide will set you back $25 per hour, or $1,000 for a 40-hour week. Not scared yet?

Posted on: August 23, 2019

Advance Planning Key for Alzheimer’s Patients

Talks about money and long-term care wishes can be tough enough. However, when a loved one is suffering from memory loss, advocates say there is no time to waste.

Posted on: August 22, 2019

Estate Planning Smooths Life’s Bumpy Road

It was reported on the news recently that some of Aretha Franklin’s family members have found what they believe to be her will. It was handwritten, stained and crumpled up in a couch. The courts may or may not choose to honor it, depending on whether or not they are able to verify its authenticity.

Posted on: August 21, 2019