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Leaving Your Passwords and Other Important Information for Your Loved Ones
Whether we like it or not, we are all going to meet our demise one day. I’m not particularly looking forward to it, mind you — but I know that I have to think about it in practical terms because it...
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Post-Divorce Estate Planning
Divorce can be a trying and emotional experience. In the aftermath, it’s important to re-group and put your house in order, so to speak. While recent divorced people are busy trying to start life...
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Is it Time to Update Your Will?
Assuming you already have a valid Last Will and Testament, when should you update the document? If you have a Will, read on. If not, call your lawyer and have one drafted. In general, your Will...
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Sorry, It’s Not Your Inheritance … Yet!
A few weeks ago, I overheard a conversation between two guys who appeared to be in their early forties. “Since my father retired,” the first guy said, “my parents are spending money like water.” “I...
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Creating a Testamentary Trust as Part of Your Will
By simple definition, a Testamentary Trust is a Trust created within and as part of a person’s Last Will and Testament (Will). This type of Trust differs from Living Trusts in significant ways and I...
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Bequests: Leaving Specific Gifts in Your Will
A Last Will and Testament – or Will – is a document that allows you to designate how your estate will pass after your death. Your lawyer will draft different clauses in your Will that are required to...
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Planning for Probate: Where’s the Deed to the House?
I had a conversation with a friend last night about the inevitability of death. We had been discussing her decision to inquire about pre-paid funeral plans and the Probate lawyer in me started running...
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A Living Will Versus a Last Will and Testament
People often seem to confuse a Living Will with a Last Will and Testament. The simple difference is that a Living Will (also known as Advance Directives) comes into play while you’re alive but a Last...
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Planning for Your Last Will and Testament
When clients call to schedule a consultation regarding a Last Will and Testament, I send them a questionnaire to assist them in planning the document that I will ultimately draft. When we meet, we...
View ArticleHave You Planned for Your Retirement?
The U.S. Department of Labor reports that the average American will spend an average of 20 years in retirement! That’s a long time to have to support yourself without employment. It is estimated that...
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