10 Essential Estate Planning Steps for 2021

Tips 1&2- Prepare for Your Future by Drafting a Will and Selecting an Executor Drafting a will is essential to the distribution of your assets upon your passing. This document gives you the ability to decide exactly how your estate will be managed upon your Read More …

How to Discuss Estate Planning with Your Loved Ones This Holiday Season?

How to discuss estate planning with your loved ones this holiday season? With the holiday season coming around and the gathering of family members you probably have not seen in quite some time, it is the perfect time to discuss estate planning for the future. Read More …

Why do Rich Young People Die Without a Will?

Young Individuals Seem to Believe Life is Endless: Young members of society are constantly focused on the present and the upcoming near future. It is highly unlikely that a 30 year old has begun planning for his potential death. In fact, many young individuals follow Read More …

10 Elder Care planning steps to take if you are turning 65 this year

10 Elder Care planning steps to take if you are turning 65 this year Steps 1-2: Social Security and Medicare Enrollment The first and most important step in Elder Care planning is to begin planning ahead for social security, followed by the second step of Read More …

Estate Planning When Your First Child Turns 18

The sad truth that many of us have to accept is that our children are growing up not only in front of our eyes, but in the eyes of the state as well. Once eighteen, a child is considered a legal adult and is seen Read More …

Willing Doesn’t Make It So – The Limitations of a Will

A will is a legal document that one has drawn up prior to death that states how their assets will be allocated once they pass. This is an important step in one’s estate planning process because it can help ensure that their final wishes are Read More …

Assets on Ice: Cryogenic Estate Planning

Dennis Kowalski, a husband and father of three, recently spent $140,000 to cryogenically preserve his entire family after they die, hoping to give them a chance at a second life. He is the president of the Cryonics Institute and a paramedic, and trusts that this Read More …

Don’t Let Divorce Distract You From Important Estate Planning Considerations

Although life would be much simpler if it stayed the same for long periods of time, the truth is that it is constantly changing. People come into your life unexpectedly and exit just as frequently. Regarding estate planning, or preparing the transfer of wealth to 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 …

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 …