Estate planning is all about control; control over our decisions and finances, both during life and after our death. After control, the second most important part of an estate plan may be the memories. Memories of the lives and experiences we have shared...
All children are special. The thought that a child may have to survive on his or her own before they are ready is every parent’s worst fear; it’s what keeps many parents up at night, and what brings many parents into our office asking about trusts, guardians, and...
The election is over, and the people of the United States have spoken. Barack Obama has been re-elected to serve four more years as President. As a result of his re-election, we are faced with a strong division in our government. The President has expressed his...
My daughter Amy turned 18 on Sunday, April 29, 2012. On Monday April 30, 2012 Amy came in to our office to sign her Last Will, Trust, Power of Attorney, and all of her health care documents. You may ask “Why? Why did I have my 18 year old daughter sign her estate...
In 2010, Congress and the President raised the lifetime gift tax coupon (exclusion) amount from $1 Million to $5 Million. We estate planning attorneys and our client families rejoiced! We now had an estate planning coupon which made sense. The new coupon would...
Probate, quite simply, is the process by which the court determines the legal property of a person who has died, and decides to whom those assets will be distributed. It sounds like it should be simple, but somehow, unfortunately, probate is hardly ever simple. Even...
Choosing a guardian for a child is one of the most difficult things a parent may ever have to do. From parenting style to living situation to your gut feeling about this or that person’s ability to love your children as well as you do—there are endless issues to...
According to statistics the average U.S. family size is 3.2 members. The median age of a man upon his first marriage is 28.1, 47% of women aged 75 or older live alone. Also according to statistics, approximately 60% of couples own their home, 70.7% of mothers with...
The following five myths continually frustrate estate planners. This is not only because we know that not only are they patently untrue, but because their continued circulation can be actually be harmful to your family and your estate. 1. Estate Planning is only for...
Do you have a hobby that you feel passionate about? Do you love reading and collecting books? Are you a rabid coin or stamp collector? Do you find peace and tranquility out tending your garden? Whatever it is that you love; you can bet the people who love you are...
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