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How to Approach Parents about Estate Planning

If you have a parent over the age of, say, 65, thoughts about their future may have started to creep into your mind. However, because end-of-life planning can be emotional and overwhelming, it’s tempting to put these conversations off—and even more pleasing to avoid them altogether.

Posted on: December 9, 2021

Can My Power of Attorney Change My Will?

Power of attorney is one of the most important legal forms for estate and elder care planning. Along with wills and trust documents, it is a critical document for arranging one’s affairs.

Posted on: December 8, 2021

What Estate Planning Does My Child Need at 18?

Picture this…your child is in the hospital, but the on-call doctor won’t talk to you let alone allow you to weigh in on medical decisions. While hospitalized, your child’s bills are going unpaid because you can’t access their accounts—potentially wreaking havoc on their financial credit. Why? Because they’re over the age of 18.

Posted on: December 8, 2021

Who Pays Mortgage When I Pass Away?

One important aspect of estate planning is deciding what will happen to your home after you die. The answer might be fairly cut and dry if the home is fully paid for. If it’s not, though, you’ll need to consider the financial ramifications for your estate and for the person who inherits the home.

Posted on: December 7, 2021

Do I Need a Living Trust?

What Is a Living Trust?

Posted on: December 7, 2021

When Should I Consult with an Elder Law Attorney?

Here’s what you need to consider, when looking to hire an elder law attorney.

Posted on: December 6, 2021

Why Should I Update My Estate Plan?

Estate planning is making decisions today for what you want to happen in the future.

Posted on: December 6, 2021

How Much can You Inherit and Not Pay Taxes?

Unless you spend your winters in Aspen and your summers in the Hamptons, you probably don’t have to worry about paying federal estate taxes on an inheritance. In 2021, the federal estate tax doesn’t kick in unless an estate exceeds $11.7 million.

Posted on: November 22, 2021

Before They’re Gone—Estate Planning Strategies

If you have not already been inundated with invitations to webinars, articles and newsletters regarding the estate planning you should consider doing before new legislation passes, you undoubtedly will receive these over the next few months.

Posted on: November 19, 2021

Should You Put Your House in Your Child’s Name?

In a nutshell, it might be better for your mom to put the home in a living trust that allows her to control the home while she is alive and allows you to inherit the home through the trust upon her death.

Posted on: November 18, 2021