Who Gets the Farm?
Suppose that mother and dad have run the family farm for a long time. Now, though, they’re getting on in years and they’re considering moving into a smaller place. One of the daughters and her husband help run the farm, but…
Suppose that mother and dad have run the family farm for a long time. Now, though, they’re getting on in years and they’re considering moving into a smaller place. One of the daughters and her husband help run the farm, but…
Whatever your orientation, estate planning is crucial to protect your loved ones. In the LBGTQ+ community, estate planning can legally protect against discrimination even if others are reluctant to recognize your relationship and your desire to permit your partner to…
For many seniors and near seniors, growing older can be a challenge and not the pleasant experience they envisioned. Diabetes, high blood pressure, obesity, heart conditions, and pulmonary problems are common hurdles to overcome or manage. Apart from these well-known…
1.My family and I don’t own much. Can’t we put off planning until we can afford it? You shouldn’t. It is crucial to give legal authority to a person of your choice, to care for your children if anything should…
The legal process for authenticating a deceased person's will, reviewing their assets, paying their outstanding debts and taxes, and distributing what remains to their inheritors is called Probate. After an asset-holder dies, the court will appoint a valid will's executor…
If there is a possibility that a loved one might need Medicaid assistance in the foreseeable future, that person should not be giving gifts. This can be sad if that person gets joy out of generosity. But gifts in that…
A new bill, “For the 99.5% Act”, proposed by Senator Bernie Sanders and Representative Jimmy Gomez was introduced to congress on March 25th, 2021. The bill's current form is only 18 pages long, but its potential impact on federal estate…
According to a caring.com survey, the number of Americans that have written their wills had only increased 2.5 percent in one year. Overall, the percentage of those with a will continues to decline, 33 percent in 2021 versus 42 percent…
It’s essential to have conversations with your aging parents about their finances. To broach the topic, you might bring up current events like the coronavirus pandemic, its effect on economic conditions, and how it relates to the security of their…
We hear this question all the time: “Can’t I just grab a will off the internet, do a transfer-on-death deed for my land, put my kids on my bank account, and be done with my estate plan?” It’s just…