21 09, 2017

Tips for Choosing a Trustee

2023-12-27T04:35:40-05:00September 21st, 2017|

Trusts can be a powerful tool for protecting assets, passing property to loved ones after your death, or providing for a loved one who is disabled or incapacitated. You can work with your trust attorney to create a framework that [...]

19 09, 2017

New Baby? Time to Create Your Estate Plan

2018-02-02T22:10:36-05:00September 19th, 2017|

Estate planning is often one item that gets pushed back on nearly everyone’s to-do list. The reasons you might be delaying vary: lack of time, not thinking you have enough assets, not knowing how to start, or fear of contemplating [...]

18 09, 2017

Preparing to Meet with an Estate Planning Attorney

2018-02-02T22:10:36-05:00September 18th, 2017|

Creating a comprehensive estate plan requires a thorough assessment of your holdings, your family structure and the people you want to provide for. Of course, the average person doesn’t have an in-depth understanding of the multi-faceted estate planning process, and [...]

18 09, 2017

How Much Long-Term Care Insurance Should You Purchase?

2023-11-27T02:58:47-05:00September 18th, 2017|

A number of considerations go into how much long-term care insurance any consumer should buy. The average cost of a private room in a nursing home is nearly $250 a day, and the average monthly base rate in an assisted [...]

14 09, 2017

Single and Childless? You Still Need a Will

2018-02-02T22:10:36-05:00September 14th, 2017|

Most American adults don’t have wills. Reasons vary, including procrastination, believing they’re too young to need a will, not thinking they have enough property to bother with estate planning and discomfort thinking about end of life issues. Those who don’t [...]

12 09, 2017

How A Living Trust Helps Your Family

2017-10-03T15:26:25-04:00September 12th, 2017|

There are several parts to an estate plan, one of them being a living trust. Common factors that prompt someone to create a trust include privacy, tax benefits, avoiding probate, and caring for family members with special needs. Estate planning [...]

11 09, 2017

The Young Parents’ Legal / Financial Planning Checklist

2018-02-02T22:10:36-05:00September 11th, 2017|

In an increasingly complex and costly world, there’s more to taking care of a young child than changing diapers, walking to the park and cutting the crusts off of sandwiches. If you’re like most parents, the idea that there are [...]

10 09, 2017

Be Aware of the Kiddie Tax Before Leaving an IRA to Children

2023-12-27T02:54:13-05:00September 10th, 2017|

Grandparents may be tempted to leave an IRA to a grandchild because children have a low tax rate, but the "kiddie tax" could make doing this less beneficial.An IRA can be a great gift for a grandchild. A young person who inherits [...]

8 09, 2017

Why You Should Use a Lawyer for Medicaid Planning

2018-02-02T22:10:36-05:00September 8th, 2017|

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. But an attorney can help you save money in the long run as well as make sure [...]

6 09, 2017

HUD Makes Reverse Mortgages a Little Less Attractive

2017-09-11T07:48:14-04:00September 6th, 2017|

The Department of Housing and Urban Development (HUD) has announced changes to the federal reverse mortgage program. Citing the need to put the program on better financial footing, HUD will raise reverse mortgage fees for some borrowers and lower the amount [...]