Medicaid Planning Protects Your Home
It is likely that your most valuable asset is your home, which is true for many of us. You may want your children to inherit the value of your home when you pass away. However, you may also be concerned…
Avoid These Six Estate Planning Mistakes
Sadly, many individuals make costly mistakes without proper advice and guidance from an estate planning attorney. Estate planning ensures that your assets, interests, and those you love are protected after you die. Beyond undermining your intent and diminishing your financial legacy,…
Planning Your Estate With Life Insurance
In the event of your passing, your loved ones should not have to inherit assets only to discover they can't access them for cash expenditures. Most retirees’ assets are in homeownership and retirement accounts, requiring a sale to get cash.…
Unmarried Couples’ Estate Planning
New partnerships are forming among older Americans who have experienced widowhood or divorce (in record numbers). The US Census Bureau reports that more than half of all older adults have only married once, opting to stay legally single in their future relationships. Cohabitating…
Comparison of Revocable and Irrevocable Trusts
Estate planning involves many different types of trusts; the most common are revocable and irrevocable. Though there are some similarities, these two types of trusts serve different purposes. Both can substitute for a last will and testament as an alternative…