Mom Needs Help… What Do We Do?
Basic Long-Term Care Options While Medicaid and Long Term Care Planning are often focused on preserving money, at least for the families who speak with me. But the overall process has to be about more than just assets and income. Unfortunately, many professionals push those aside and focus only on the money without sufficient emphasis […]
How to Buy Out Siblings From a House
One of the most expensive estate assets for many families is their home, usually coming in second only to retirement accounts in terms of value. When the house ends up being far and away the most valuable asset in the estate, there are multiple children who are to be treated equally… BUT one of the […]
The High Cost of “Low Probate Fees”
Probate Fees “Probate fees in our state are not that high.” Unfortunately, I hear this from some attorneys who focus their practice on handling probate, and probate is exactly what you get when you rely on a Last Will and Testament for your estate plan. Considering the massive attorney’s fees involved in handling full-blown probate […]
Anatomy of a Destroyed Estate Plan
Estate Plan Destroyed How do you destroy your own well-crafted, strategically created, solid estate plan in one move? In this podcast, I cover how one of our most airtight estate plans explicitly drafted to benefit a grandson with special needs ended up being placed in jeopardy… because the clients decided to perform their own DIY […]
EINs and Trusts
Do I Need a Tax ID Number? This question keeps coming up… “Does a trust need a separate taxpayer identification number?” It depends. In general… * Revocable Living Trusts do not need an EIN/Taxpayer ID if the Trustor(s) are still alive: As long as that person is alive, it is their trust, they are the trustees, […]
The Importance of Trust Funding For Your Estate
[Please note that this is a frequent “reprint” article for our office. We intentionally re-release this important information every six months to our clients through the newsletter and blog to emphasize how critical asset titling and beneficiary designation selection is to make sure a revocable living trust plan is properly maintained. If you have any […]
Plain English Attorney Adding More Diverse Content
More Content As technology improves and my video skills have quickened, it’s becoming easier to produce more content to post on YouTube and social media posts on a regular basis without eating up much more time. In addition, there are only so many videos and posts that can be focused on the same or similar […]
Three Sneaky Ways The Government Makes Itself Your Beneficiary
Government Programs When it comes to special government programs, what on the surface appears to be a good deal may not really be to your advantage or especially to your estate beneficiaries. Unfortunately, chances are that you are already invested in once these “deals.” That is unless you know all of the rules and you […]
Legal Information in the Age of TL DR
It seems that everything these days moves faster, and we just don’t have enough time to look at things as thoroughly as we needed. Even when it comes to topics that can be critical to improving our lives, people don’t have the time to piece together information from multiple sources to see how it applies […]
The High Cost of a “Free” Medicaid Plan
There are so many myths, folk remedies, and outright falsehoods surrounding Medicaid qualification for nursing home care that it becomes impossible to list them all. Unfortunately, it becomes easy for people to look online for the simple answers they want to hear rather than researching and understanding a much more complicated truth. And going to […]