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So far kathy@livingtrustlawfirm.com has created 201 blog entries.

7 Must-Do Estate Planning Tasks When You Have a New Baby

If you've recently had a new baby, now is the time to sit down and review your estate plan to ensure that all of the provisions are in place to care for your precious new child and the rest of the family.

2019-02-07T14:27:55-05:00August 3rd, 2016|Company News, Estate Planning|

Between the Holidays Phenomenon Strikes Again

Now that we are “between” the Holidays, we notice a familiar phenomenon. Our office starts getting a lot more calls than usual in the first few weeks of December than any other time of year about Medicaid Planning. But there is a very good reason for this—it may have been one of the very few times of the year that all of the “out of town” kids are back at the family home; and together they start noticing a few changes in mom or dad.

2017-12-18T16:57:15-05:00December 1st, 2015|Company News, Legal Info, Medicaid|

Legal Duct Tape Item of the Month: Masking Tape is Not an Estate Plan

With all of the information out there about estate planning, it astounds me how far the misinformation goes. However, there are people who will believe what they want to believe, especially if it means they can be lazy about actually doing something. Recently, a member of my family was discussing their own estate plan and told me and some other family members that all of their furniture was marked with masking tape with people’s names on it, and when they died, that’s who the furniture was supposed to go to. I was speechless for a few moments. I asked if they actually talked to an attorney, and they said they talked to their friend who used to work at a bank, and that person assured them that the masking tape technique would work.

2017-05-20T16:43:24-05:00April 1st, 2015|Legal Info|

Online Tools for Moms and Families to Stay Organized

The buzzwords of tablets and social media have jumped over the age-barrier and now serve as an integral part of organization. Four such companies have taken to the forefront to bridge the gap between crucial information and a near-limitless, secure style of storing information. CareZone, AboutOne, Cozi, and MotherKnows have all offered their unique services to help ease the lives of caretakers, patients and families. In this article, we will compare and contrast these four companies to see which truly help alleviate the stress of families, caretakers and patients alike.

Trust Under Will Scam

OK, the word “scam” may be harsh sounding, but the way some attorneys use it does sum things up pretty accurately. I have been getting a lot of questions lately from clients and financial advisors about what a “trust under will” does and how some clients are being told by other attorneys that it is a way to avoid probate. Basically, a trust under will is a trust that becomes active after death, and the terms of the trust are spelled out in the Last Will and Testament, such as inheritance age limits. These testamentary trusts will even have a proper name, and now financial accounts and life insurance can list the proper name of the “trust under will” as the beneficiary. And because the account pays directly into this trust, we are told “there is no probate.”

2017-05-20T16:43:25-05:00February 10th, 2015|Legal Info|