Have you ever been asked to be a trustee? Or maybe no one asked you, but you were listed in someone’s estate documents as a trustee. You now had to figure out exactly, what is a trustee and what do they do.
A trustee is a person or company that holds and administers property for the ... continue reading »
Years ago, people were stuck with lawyers when drafting a will or other common legal documents as they really had no alternative. In the internet era, on the other hand, you can find a form for just about anything. I’ve had many people bring in forms randomly found on the internet or paid f... continue reading »
We all know we “should” do some planning for our future, but how many of us follow through with it. I’m talking about planning for someone to help you manage your financial assets and your health care decisions if you are unable to do it yourself. If you’ve been diagnosed with cancer or... continue reading »
We are all busy making our list and checking it twice. Have you reviewed your beneficiary designations? Can you check that off your list?
Beneficiary designations are a way in which we identify who we want to give an asset to after we pass away. We complete beneficiary designation form... continue reading »
As much as we try to avoid it, taxation is a part of life. We are faced with sales tax, income tax, estate tax, capital gains tax, gift tax and property tax to name a few. With the 2018 year coming to a close, some of us are thinking what else can we do to minimize our tax bill, both now and ... continue reading »
I wanted to share with you some information about a workshop called The Final Gift. The parish nurse at my Church has organized several of these workshops after she attended one in a nearby community. The Final Gift is intended to be your final gift to your family. Death is a very hard topic ... continue reading »
As the temperatures begin to drop and the leaves start to change, the following question starts to come up more and more during my estate planning meetings: What legal documents should I take with me when I am traveling? Not only do our snowbirds need to think about taking legal documents with ... continue reading »
It probably goes without saying, but the terms and language used in your estate planning documents are so important. Whether you realize it or not, when you meet with your attorney, they are not only working to understand your wishes and your family dynamics, but at the same time running throug... continue reading »
As we look at the ever changing family paradigm, we see a trend over the years of increasing divorce rates with the various generations. The so called “gray divorce” is on the rise. Statistics show the divorce rate for adults age 50 and older (Baby Boomers 1946-1964) has roughly doubled sin... continue reading »
“Disability” by general definition, means a physical or mental condition that limits a person’s movements, senses, or activities. As you know, there is a sliding scale that represents the level of someone’s “disability.” I’d like to focus today on families that have a minor child ... continue reading »