Blog

Published on October 7, 2020

Prenuptial Agreements as an Estate Planning Tool

Prenuptial agreements can play an important role in estate planning–particularly for spouses with children from former relationships. Prenuptial agreements can serve many important purposes. 1. The more obvious purpose—separating marital property from individual property in the case of a divorce. 2. An often overlooked, but equally important function—separating marital property from individual property for estate […]

Published on September 30, 2020

Advance Health Care Directives: The Importance of Making Hard Decisions

Making decisions in your Advance Health Care Directive can be emotionally challenging. Here’s why you should do it anyway. It is not uncommon for clients to feel uncomfortable discussing Advance Health Care Directives. One major reason for creating an Advance Health Care Directive is to tell your family and doctors when you would like to […]

Published on August 21, 2020

Can a Trust Be an IRA Beneficiary?

The Secure Act (2019) has done away with the Stretch IRA and made several critical changes in the treatment of beneficiaries of inherited IRAs. The short answer is yes, though there are important caveats. The Secure Act passed in 2019 (see the full text on congress.gov), changes the treatment of inherited IRAs. The new act […]

Published on July 1, 2020

Estate Planning: Where Do I Begin?

You may be interested in estate planning, but don’t know how to get started. If that sounds like you, this article may offer some valuable insights. Where do I begin? This is a question I get asked quite often, in the context of estate planning. 1. Sit down with an estate planning attorney. Most attorneys […]

Published on June 22, 2020

Selecting a Personal Representative

The nomination of a Personal Representative is an important part of one’s Last Will and Testament. Here are some factors to consider. Choosing a Personal Representative and your back-up, or successor Personal Representatives can be an overwhelming experience. Frequently, clients ask for advice when it comes time to make this decision. Here are some considerations […]

Published on May 4, 2020

Talking to Your Parents About Estate Planning

Do your parents have an estate plan? If not, you should have a conversation about the benefits of estate planning and the pitfalls of procrastination. Estate planning is an essential topic for adult children to discuss with their parents. Here are some key points to consider: 1. If your parent is in the hospital, they […]

Published on April 7, 2020

Estate Planning During the COVID-19 Crisis

Through video conferencing technology, we can now offer clients the ability to sign from the comfort and safety of their own homes, free of any in-person contact. COVID-19: Remote Estate Planning Legally enforceable, estate planning documents can now be signed entirely from the comfort of your own home. Why does this matter? Most estate planning […]

Published on February 11, 2020

Does a Will Protect My Property From Probate?

Unfortunately, Wills are not a legal instrument capable of protecting your property from probate administration. Learn more about instruments that can. Does a Will Protect My Property From Probate? The short answer: No. Most people don’t realize that giving property to a beneficiary through a Will exposes it to probate. Probate occurs anytime property that […]

Published on January 22, 2020

When Should I Think About Getting an Estate Plan?

Clients often wonder at what age (or in what financial situation) should they think about getting a Will or Trust. Frequently, clients ask: 1. What is a standard time to get an estate plan (what age)? 2. Do estate plans only benefit the wealthy? Most people, regardless of age or financial means, benefit significantly from […]