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Trusts are often used to hold financial assets. For instance, you may put cash aside so that an heir can use it to pay for college, or you may set up your life insurance policy to pay out into the trust when you pass away.However, it's important to remember that...
All trusts are not created equal. They all give you different financial options, and they come with their own advantages and disadvantages, depending on your situation.For instance, maybe your goal is to reduce the tax burden on your estate as much as possible. If so,...
Do you know people who have not written a will or made an estate plan? Even if you never talk about it with them, you probably do. A shocking amount of people have never drafted a will. They just keep procrastinating and putting it off.Have you ever wondered why they...
There are dozens and potentially hundreds of individual goals for an estate plan, which differ from person to person. What your goals are depend on what assets you have, what you want to accomplish and what your family needs.However, the basic goals that you have can...
When you draft a health care proxy, the goal is to pick an agent who will then act on your behalf. If you cannot make medical decisions, they make them for you.For instance, if you have a stroke and you cannot speak to the doctors, they can decide what type of...
In some cases, estate disputes start because of sibling rivalry. The way that kids have related to each other all their lives can continue even into adulthood. This can make them compete with one another or resent each other. Those feelings come back up when they do...
Suzanne was honored by her peers as a 2019 Superlawyer Rising Star! This honor is reserved for those up and coming lawyers who are known for providing exceptional and ethical representation, and expertise in their areas of practice. Congratulations Suzanne!
The general assumption in the modern world is that life expectancy should keep going up. As medicine advances, people live longer. We haven't had a war on the scale of the World Wars in generations, diseases are more contained than they have been in the past and...
Dying without a will means you have no control over your estate, and it has to go through the court process, passing on to your heirs in accordance with state laws. Even with a will, it can take time and money to show that the will is valid and start to move assets...
In some cases, parents do not want to leave their homes to their children. They feel like it would just be a burden for the kids to have to decide if they want to keep it or sell it -- not to mention going through with the sale and splitting up the money. It can even...