There can be many different elements within anyone’s estate plan. Typically, it might include any or all of the following… Will Trusts Power of Attorney Healthcare Living Will Executors, Guardian, Trustees and other appointments Details of beneficiaries Division of Assets These, and many other parts of your overall Estate Planning strategy, require a regular review…

With certain government benefit programs, such as Social Security, Medicaid and Food Stamps, an individual with one or more disabilities or chronic health problems can potentially lose some or all of their benefits if they receive a lump sum of money or property gift or donations from a fundraiser. The money is typically counted as…

It’s still fairly unusual for a will to be successfully challenged. But it does happen. If you make a will, then you want its terms to be fully complied with. Here are three reasons why this sometimes doesn’t happen… Where it’s proved that the testator was subject to undue influence by a person who manipulated…

If you are planning to get married any time soon and are considering getting a prenuptial agreement, it is important to consult an expert. An asset protection attorney can help you navigate the best plan to protect your money, property, and investments in the event of a divorce. Nobody likes thinking about divorce before marriage…

Starting your special needs planning early is vital to ensure your child or loved one with a disability has financial security. With special needs planning, parents of children with special needs can have the peace of mind knowing government programs don’t count their inheritance towards eligibility. Here are three tips that can help you when…

While there are plenty of online resources for creating a will, it’s not ideal to go the DIY route as you may end up making costly mistakes. Instead, it’s wise to hire an estate planning attorney as they have the experience and knowledge required to draft a will that addresses your needs. Here are four…

This is a financial strategy that people use to qualify for Medicaid when their income is too high. Since Medicaid helps with medical costs for people with limited income, you have to spend down your income to be eligible for the program. However, the rules, restrictions, and requirements of a Medicaid Spend Down can be…

A will ensures your assets and property are distributed how you want them to be. Without a will, your assets will be seized and distributed by the government. A will might be a good idea if: You are married – If you do not want your spouse to receive all your assets, a will is…

Many people like the idea of setting up a trust but simply don’t know where to begin. Broadly speaking, these are the steps you’ll need to take to establish a trust: Decide what you want the trust for (this will determine the type of trust you choose) Seek out qualified advice Register the trust with…

Do you want to plan for your end-of-life? As dreary as it sounds, end-of-life planning is a great way to ensure your wishes are carried out. To get started, here are four documents you must have. Last will and testament Living will Power of attorney for healthcare Durable power of attorney However, it’s essential to…

What might I gain by having a Qualified Personal Residence Trust is one of the main questions our team members are asked. Here are three key benefits… For just a fraction of its value, both the current and future value of a property – either primary or secondary – is removed from your taxable estate…

Many people think that trusts are only used by highly wealthy people. Although uber-wealthy folks certainly use trusts, many others may find them beneficial as well. Indeed, many working folks will find great utility in establishing trust. One of the principal benefits of many trusts is to manage spending and protect beneficiaries from poor decisions…