Estate Planning · October 19, 2022

Estate planning is a continuous activity, not a one-time event. You probably already know how vital it is to make an estate plan, but you might not realize how crucial it is to keep that plan up to date. If you want your plan to succeed and keep your family out of court and out of conflict, you need to update it immediately in response to frequent life occurrences. No matter who you are, your life will change: families change, assets change, laws change, and ambitions change. This article will o

Estate Planning · October 12, 2022

It is never easy to think of your passing, even harder considering that even death has a price. The average funeral cost is between $7,000 and $12,000, rising yearly. Yes! You made a bequest in your will to pay for funeral expenses. However, the money is not readily accessible because of the probate court procedure. Imagine your loved ones experiencing both grief and financial hardships. The best course of action is through us, your Personal Family Lawyer®. Allow me to demonstrate the five most.

Estate Planning · September 23, 2022

If you die without a will or with doubt about your will, your family will almost certainly wind up in court and fighting. With so much uncertainty surrounding Anne Heche's case, it's possible that the late actress didn't have any trust in place as well. Her lack of planning caused various issues for her loved ones. Keeping these in mind, we'll go over Heche's estate planning blunders and how to prevent them so that your loved ones never have to face a similar circumstance.

Estate Planning · August 12, 2022

In part one of this series, we discussed 529 plans and education savings accounts, which are both popular options for saving for a college education. Do you know the main reasons for their popularity? It's their tax-saving advantage! The money you contribute to a 529 account grows on a tax-deferred basis, and withdrawals are tax-free, provided they're used for qualified education expenses, such as tuition, room and board, and other education-related fees.

Estate Planning · August 05, 2022

If you have started to save for your child or grandchild’s college education, it’s worth considering whether to use a 529 plan, an education savings account, or an Irrevocable Trust. Here’s what we think you should consider as you decide!

Estate Planning · November 05, 2020

The staggering events of 2020 have greatly affected each person’s overall mental and emotional health. Faced with sudden changes such as sickness, loss, or unemployment it is difficult to stay positive. No pun intended. However, this may be an opportunity to invest in your most important asset—yourself. It is a time of unearthing your skills and talents that may have been stored away all this time. As each person is unique you surely have something to offer that nobody else could. You could be t

Estate Planning · July 22, 2019

Scammers view seniors as easy targets and nowadays, they use a wide array of sophisticated and highly effective tactics which even the most intelligent and educated can be duped. Be alert and protect your aging loved ones and yourself from such predators by knowing the three big red flags of financial exploitation we listed to safeguard your family's finances.

Estate Planning · March 20, 2019

Sending your children off to college can be expensive, and financial aid plays a big role. If planned strategically, you can help save funds for college without increasing your expected family contribution or reducing your child’s financial aid eligibility. Here are some common assets that can affect your child’s financial aid eligibility, that you might not have considered.