Category Archives: Estate Planning
How Many Lawyers Does It Take To Manage A Trust?
It is possible to handle your estate plan by yourself without hiring a lawyer. Estate law is one of the areas of law designed to make it easy and inexpensive for individuals to have recourse to the court system when they need it. By nature, your estate plan must continue to do its job… Read More »
5 By 5 Power In Trust Provisions
You have probably heard that there are only two kinds of trusts, namely irrevocable trusts, where the grantor cannot interfere in the workings of the trust after establishing it, and revocable trusts, where the grantor can modify the terms of the trust instrument as many times as he or she chooses; revocable trusts automatically… Read More »
Questions To Ask During Your First Meeting With An Estate Planning Lawyer
Family law attorneys get a barrage of calls from new clients on the first business Monday of the calendar year, so many that the Internet has taken to calling this day Divorce Monday. First meetings with estate planning lawyers, by contrast, are more evenly spaced throughout the year. The Grim Reaper lurks in approximately… Read More »
Invisible Army Of Caregivers, We See You
It is easy to blame your stress on the subject of the most recent clickbait you clicked on. If not for those chirpy influencers or those people who have nothing better to do than talk about how offended they were by the fact that a marginally Internet famous person was offended by a recent… Read More »
Long-Term Care Costs More Than You Think It Does
When clients meet with estate planning lawyers for the first time, some of them have more realistic expectations about their retirement finances than others. If your only income during retirement will be from Social Security, then don’t expect to keep your empty nest in your possession while spending most of the year in a… Read More »
Which Assets Do Not Have To Go Through Probate?
The websites of estate planning lawyers are full of cautionary tales about how much money a deceased person’s estate can lose because of tax obligations and creditor claims. The solutions that lawyers, and especially for-profit financial planners, often propose is to establish a trust, a separate legal entity that owns your property so that… Read More »
What Kinds Of Medicaid Benefits Can Seniors Get?
If you grew up in the United States, you may have heard your grandparents talking about Medicare. It seemed to take up a large portion of the conversation at family gatherings. You could have reasonably believed that Medicare was the only way seniors could pay for their medical expenses. Given how much stress the… Read More »
The Joyful Estate Plan
While young people are talking about quiet quitting or the Great Resignation, or even despairing of finding any sources of employment income at all, you are looking forward to putting off retirement for as long as you can. Your work gives you hope and enables you to share it with others. No one lasts… Read More »
Are You Too Old To Get A Mortgage Loan?
A home mortgage is the biggest debt that most people incur in a lifetime. Therefore, the repayment term is usually 10, 15, 20, or even 30 years. When you are young and buying a house for the first time, a 30-year mortgage makes sense, because it has the lowest monthly payment; it is usually… Read More »
Floridians Should Have No Fear Of In Terrorem Clauses
In general, the civil courts will enforce any legally binding agreement between individuals or companies as long as the provisions do not contradict state law. For example, if a contractor renovates a kitchen and the homeowner doesn’t pay him, the court will order the homeowner to pay pursuant to the contract, but if a… Read More »
