Posts by MeurerLawAdmin

Your hard-earned assets can easily be lost or garnished as a result of a lawsuit, paralyzing you financially. Many opportunistic creditors target these assets when filing for lawsuits. An asset protection trust and asset protection attorney can help you protect your assets from such lawsuits. While both of them ensure your assets are well beyond…

This is a question our team is often asked. The answer: it’s a method for adding specifics about the division of your assets without making your will too long. It also easier to change in the future without it becoming a drawn-out process. In such a Memo you can bequeath tangible personal property to individuals.…

If you can help it, you don’t want to end up co-owning liable assets like vehicles, planes or boats, because if they are involved in an accident you will be held liable as the owner, even if you weren’t operating the vehicle at the time. Even if they aren’t your most valuable assets, they can…

You’ve written out your final wishes, how you want your possessions to be distributed after you pass away. It is in your own handwriting and signed by you. Is your handwritten will legal? That’s a little tricky. The short answer is, probably yes. But you have to make sure you cover all of your bases.…

Generally, elder abuse takes many forms, and it can be difficult to spot. However, learning the warning signs of elder abuse is vital in protecting your loved one. Here are some common signs of elder abuse to watch out for. Physical injuries: Bruises, broken bones, and cuts Behavioral changes: Your loved one keeps to themselves…

Financial abuse is when an abuser controls a victim’s ability to acquire, use, and access economic resources. It occurs frequently in domestic abuse and elder abuse situations. Watch out for these elder abuse red flags: Victim frequently gifts expensive items to abuser Victim is missing financial documents, credit cards, and valuable belongings Victim is unaware…

If you have a senior loved one living in a nursing facility or with a caregiver at home, you’ve probably thought of elder abuse and neglect. Unfortunately, many people forgo the signs of elder abuse or assume it can’t happen to their loved ones since they keep an eye on them 24/7. Here are three…

Who needs to have an estate plan? Is it only the purview of the ultra-wealthy? Or should most people consider developing one? Most knowledgeable financial and legal professionals will argue that more, rather than less, people should have an estate plan. Here’s why: You can reduce estate taxes upon your passing Probate can be avoided…

An Irrevocable Trust permanently shifts assets to the trust from the grantor’s estate. This can protect your assets from a range of liabilities, such as tax. It can prove to be an effective estate planning tool. However, it’s not a decision to be made lightly. Three key reasons for this: You cannot make changes to…

If you’re on the fence about getting a regular power of attorney or durable power of attorney, here’s a guide that can help you decide. The main difference between a durable financial (POA) attorney and a regular power of attorney is that the latter comes to an end when the person granting the power of…