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Dangers of Executing Your Own Will

The employees of our firm are big proponents of saving money and being good stewards of your assets. However, many people confuse being cheap with being wise managers of their money. There is definitely a difference between the two actions. That is why we are reminding you to take caution when not seeking a qualified, state-specific lawyer to draft your estate planning documents in an effort to save money.

Make Your Passing Easy on Heirs: Do Your Estate Planning!

Many people do estate planning for reasons like avoiding probate, minimizing estate taxes, and bequeathing charitable gifts; however, another important reason is often overlooked. Doing estate planning for the purpose of making things easier on heirs is enough motivation for some people due to the legal battle that often ensues when a person dies before getting their affairs in order.

May is National Elder Law Month

National Elder Law Month is sponsored by the National Academy of Elder Law Attorneys (NAELA), a group of Elder Law Attorneys of which our firm is a member. During Elder Law Month, NAELA members across the country offer public seminars, workshops, and other activities designed to educate the public. All of the attorneys at our firm will be speaking for these types of events every week during the month of May at various locations. Following is a list of all the events where our attorneys will be speaking this month.
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Do Not Make These Four Estate Planning Mistakes

The Wall Street Journal recently published a video on its website titled "Four Estate Planning Mistakes to Avoid" that summarizes some typical mistakes that people make when it comes to planning for a death or a disability.  The first mistake is a common one that we hear many times in our practice, which is not planning due to fear.  Believe it or not, many people are superstitious about planning for death.  People fear that once they get the ball rolling on estate planning, inevitably something bad will happen.

Take Caution When Making Transfers To Qualify for Medicaid!

We encourage people who don't have long term care insurance to develop a game plan years in advance for paying for long term care, a very costly expense that is not covered by Medicare or private health insurance.  This type of planning often involves transferring specific assets out of the name of the person who will be receiving the long term care so that, by the time that the care is needed, the recipient will be eligible for Medicaid to cover the costs of the care.

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