When a loved one passes away, their estate may need to go through a legal process known as probate. Probate follows statutory rules for settling the deceased person's financial affairs and distributing their assets to their beneficiaries. One of the…
Estate planning for parents with minor children is an important process for ensuring your financial legacy is secured for your children's benefit. Beyond that, a properly designed estate plan for parents with minor children will create a structure of…
Properly funding your trust is crucial to ensuring your legacy is protected and distributed according to your wishes. Many people think that by simply creating a trust, their assets are protected. However, funding your trust involves transferring your assets into…
Preparing for an estate planning consultation can seem daunting, but it's an important step in protecting your assets and ensuring that your wishes are carried out after you're gone. Whether you're just starting to think about estate planning or have…
An estate planning attorney provides more than simply "preparing documents." Rather, using their expertise and in-depth understanding of the current laws, an estate planning attorney evaluates your unique situation to create a plan that will ensure your assets are distributed…
Medicaid preplanning is a legal and financial strategy designed to help individuals protect their assets while still qualifying for Medicaid benefits. Medicaid is a joint federal and state program that provides healthcare coverage for eligible low-income individuals, including coverage for…
Going through a divorce can be emotionally and financially draining. Once you've finalized your divorce, it's important to revisit your estate plan to ensure it reflects your current wishes and circumstances. Here are seven important updates to consider making to…
Gifting your house to your children or your estate's intended beneficiaries can have several potential estate planning complications that you may not be aware of. For many people, the goal of making such a gift is to protect the asset…
Estate planning is an important process that helps ensure your assets are distributed according to your wishes after your passing. However, many people mistakenly believe that creating an estate plan is a one-time event. The truth is you’ll need a…
An estate plan is a way to protect your assets and ensure that your wishes are carried out after you pass away. But it's also an opportunity to express your love and appreciation for those who are important to you.…