The Most Common Inheritance Mistakes to Avoid
After the death of a loved one, there is a period of mixed emotions as we deal with the loss and receive an inheritance. The loss of a loved one is sad but the influx of funds can bring joy…
An Overview of Long-Term Care Insurance
Since the 1960s long-term care insurance is an option that allows people to be prepared for the future if they come to need nursing care. If they die without needing that care, the insurance company keeps the paid premiums. Policyholders…
I Have a Will Do I Need an Estate Plan Too?
About half of Americans have written a will, unfortunately, most of these people believe this means they don’t need an estate plan. Although this belief is untrue, it may be the leading reason why only 33% of US adults have…
An Estate Plan plus Elder Law Equals a Life Care Plan
Elder law and estate planning are often used interchangeably; however, there are significant differences between the two. While some overlap exists between the two, learning and implementing strategies from both law practice types is crucial to prepare for successful aging…
Probate: What you Need to Know
A good estate planning attorney will assist you in creating a plan that minimizes or avoid probate. Probate proceedings are part of the public record and can be very time-consuming and expensive. However, in nearly every case, some probate is…
Handling Estate Battles Between Siblings
In most families, sibling rivalry is inevitable. Depending on your family members and the dynamic between them, old rivalries from the past can become more significant when a parent passes. Adult children who are emotionally upset and in the unfamiliar territory…
Essential Legal Documents
Everyone who wants to protect themselves and their families needs an estate plan. Making sound decisions regarding finances and healthcare can become challenging as you age due to diminished mental capacity or declining health. Putting these five must-have legal documents in…
Getting Through Probate
The loss of a close relative is one of life's most difficult experiences. In addition to the emotional aspect of loss, there is the stress of handling the deceased person’s estate and affairs. This part can be especially overwhelming. The process…
Estate Planning Compared to Elder Law
It might seem confusing to think about estate planning vs. elder law as you begin to plan your future, both financially and in terms of health care. Estate planning and elder law also have some similarities. Even though these two types…
Get Professional Help When Writing Your Will
In a will, you specify who will inherit your assets and property after your death, and a properly executed will is legally binding. Your will names a personal representative (executor) who will carry out your directives. In addition to asset distribution,…