Maybe your child was born with a condition like cerebral palsy that requires extensive daily support. Perhaps they fell very ill early in childhood or got into a car crash when they were teenagers and now have significant medical support needs. As a parent of a child...
Suppose you have a loved one with special needs. Should your estate plan be any different? If you leave them your entire estate through a will, it may disqualify them from receiving medical benefits since their assets could be more than the limit set by the...
Unless you and your spouse want to commit to never being in a car, airplane or boat together until your children are grown, there’s always a chance that something could happen that would leave your kids without parents. Even if you never left your home, there are no...
You recently spoke with your parents and realized that they had not put together a will or estate plan, which is frustrating because you know that their estate is complex. You don’t want to spend hours upon hours in probate court or to have to work through family...
Will preparation is an important part of the estate planning process. By creating a will, you are taking proactive steps to ensure that your assets are distributed according to your wishes when you are no longer around to make key decisions. Unfortunately, the death...
At any point, you could get into a car crash or have a stroke that leaves you unconscious or unable to communicate with others. In that situation, you will be very vulnerable. You won't be able to handle your own financial matters, make decisions about your medical...
If you feel cheated when the contents of someone’s will are revealed, your first instinct might be to contest it. If you wish to do so and are one of the people eligible to do so (typically beneficiaries or those who would benefit if there were no will), rather than...
Certain parts of the estate planning process can be exciting for the testator. Thinking about who should receive your major assets, like your main residence, your vacation home and your boat, can be a pleasant experience, as can discussing your legacy wishes with...
The idea behind guardianship can be divisive in some circles. There are people, especially those who are older or who struggle with significant health issues, that think of guardianships as unnecessary or even a way for the state, medical institutions or supportive...
Having a trust as part of your estate plan is no longer something reserved for the rich and famous. A lot of people are recognizing the value of trusts when it comes to reducing estate taxes, avoiding probate and passing wealth safely onto the next generation. So, if...
