Does My Revocable Living Trust Need a Tax ID Number?
As long as both people who set up a revocable [...]
Countable, Non-Countable and Exempt Assets in Medicaid Planning
[From The Long Term Care Solution by Jeffrey G. Marsocci] [...]
Children and Inheritances: How to Preserve an Inheritance for Your Child
They weren’t happy. Of course they weren’t happy. But they [...]
Can’t I Just Use a Power of Attorney When Someone Passes On?
Legally, Power of Attorney dies when the person who executed [...]
Financial security and real peace of mind—You can’t download it
Barbara and Mary sat at the restaurant table going over [...]
Being an Executor: Dealing with a Friend or Family Member’s Probate
Charlie was extremely nervous as she walked into the attorney’s [...]
Your Basic Care Options
It’s times like this that I really understood why it’s important to have a support staff for Care Assistance Planning.
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.
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.
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.