Debt after Death: Who Takes on the Debt after a Debtor Dies?

Picture this scenario: You are approaching the end of your life, yet your balance sheet is in the red. You still have a significant sum you owe to an assortment of creditors. “Ah-ha!” you triumphantly think. “They can only take it while I’m alive. I Read More …

Specifying a Method of Death in Estate Planning Documents

Going Out on Your Own Terms: Specifying a Method of Death in Estate Planning Documents Traditionally, the goal of estate planning has been seen as facilitating the transfer of assets from a deceased person to intended heirs upon death. While a written will focuses on Read More …

The Role of Deeds as Estate Planning Tools

Defining a Deed – What is it? A property deed is a legal document that can be used to transfer the ownership of property. For the deed to be valid, it must be signed by the person interested in transferring the real estate and include Read More …

The GOP Tax Plan’s Effect on Estate Planning

New GOP Tax Plan May Actually Be To Die For The new House GOP tax plan has caused a stir of controversy in the past few weeks. On November 2, 2017, the House Ways and Means Committee issued H.R. 1 called “Tax Cuts and Jobs Read More …

An Estate Planning Nightmare: Hopper v. JP Morgan

Generally speaking, people tend not to spend too much time focusing on events they do not consider imminent, such as death. Nobody expects tomorrow to be their last day, and thus, estate planning, the process of preparing the transfer of wealth to loved ones after Read More …

The GOP Tax Plan’s Effect on Medicaid Planning

The Republican Party, also known as the GOP, recently proposed a tax plan which, if enacted, would repeal certain deductions. As of now, nothing is permanent, but, should the plan pass the Senate, medical expense deductions will be eliminated, adversely impacting the elderly and disabled Read More …

The Effect of the Medicaid Work Requirement on Eligibility

Medicaid planning attorneyThe Effect of the Medicaid Work Requirement on Eligibility On Tuesday November 7th, 2017, President Trump and his administration, as well as Seema Verma, the administrator of the Centers for Medicare and Medicaid Service, came together in front of the National Association of Read More …

How to Qualify for Medicaid Today

How do you qualify for Medicaid? The Medicaid program is often used as a device by those who cannot afford healthcare themselves to get aid in the event that their situation requires it. In fact, it currently covers 74 million Americans. This government assistance program Read More …

Why Common Law Couples Need an Estate Plan

Out of Wedlock and Out of Luck: What Happens When Common-Law Couples Lack an Estate Plan? Although registering a marriage is still a common practice, the level of common law marriages, where there is no such recording with a state or religious registry, has increased Read More …

Wading Through the World of Trusts – How do Various Trusts Differ?

Wading Through the World of Trusts – How do Various Trusts Differ? What are Trusts? Creating a trust with the help of an estate planning lawyer is a perfect way to kick off your estate plan, especially if you’re looking for a relatively easy, nearly Read More …