Although elder law and estate planning are often used interchangeably, there are significant differences between them. To prepare for successful aging and preserve a family legacy, it is important to learn and apply strategies from both types of law practice.…
It is likely that you have questions regarding how you want your assets distributed and who should have that responsibility, regardless of where you are in the estate planning process. A trust can be a great tool in your estate…
You should discuss your estate planning with your spouse or life partner carefully. Before meeting with an estate planning attorney, it is best to discuss your ideas to present a united goal. This conversation can be challenging if you and your…
It can be difficult to discuss your parents' will or estate plan with them. Many adult children put off having the “dreaded talk” with parents and are unprepared when an unforeseen event like an accident or illness happens. A 2022 survey…
Older and disabled individuals are affected by a wide range of elder law issues. Lawyers who practice elder law assist seniors and loved ones in living better lives by advocating for them and creating legal plans for them. Elder law may include…
You can appoint a trusted individual to make decisions or conduct transactions on your behalf using a power of attorney. They could be related to personal finances, business operations, or medical needs and used for a single immediate purpose or an…
We’ve all heard of trusts, often in reference to someone who is the beneficiary of a trust fund. Some may believe that only wealthy people have trusts, but they are common and useful tools when creating estate plans of all…
When you plan your estate, your assets, interests, and loved ones are protected after your death. There are many individuals who make costly mistakes when they do not seek the advice and guidance of an experienced estate planning attorney. Poor…
There are more than one million widows or divorcees among the older US population, leading to new partnerships. According to the US Census Bureau, more than half of all older adults have only married once, choosing to stay single for…
A charitable trust is a kind of irrevocable trust that benefits both you and the beneficiary while also providing income for your heirs. A charitable trust can provide many financial advantages to those with nonessential assets, such as stocks or…