Category Archives: Estate Planning

There are many types of trusts but generally people are thinking of a Revocable Living Trusts for estate planning. There is no one size fits all estate plan but Revocable Living Trusts can: Avoid probate and simplify the transfers of … Continue reading →

You completed and executed your estate plan. Everyone you’ve selected to serve — your agent, guardian for minors, trustees, health care proxy, and your personal representative, —has signed the paperwork. All set? For now, yes. But it’s a good idea … Continue reading →

A power of attorney grants another person the authority to step into your shoes and make legal and financial decisions on your behalf. This does not take away your authority to act, rather your power of attorney adds another person … Continue reading →

Preparing a comprehensive estate plan to protect a child can be an difficult.  On the one hand, parents should be relieved that they are taking steps to guarantee that their child will be cared for after they are gone.  On … Continue reading →

According to the court documents, legendary singer Aretha Franklin did not have a will or trust when she died, despite reportedly having a son, Clarence, with special needs. The lack of an estate plan opens up the intensely private singer’s … Continue reading →

When you die, your debts do not die with you. However, your estate, is usually the first in line to pay any debts you leave behind. Your estate is made up of any money or property left in your name … Continue reading →

Gift certificates can be a convenient and appreciated way to celebrate and mark a special occasion. But until recently, it has been difficult to give gift certificates to individuals with special needs for fear of compromising their SSI, Medicaid or … Continue reading →

Everyone is familiar with the high cost of travel and the difficulties of staying in touch with distant family.  But families of people with special needs often face high travel expenses from medical emergencies, unforeseen circumstances or constant care taking. … Continue reading →

12:15, December 5, 2017 “Top Ten Estate Planning Mistakes to Avoid” 12:15, December 12, 2017 “Trust v. Will – Pros and Cons” 12:15, December 19, 2017 “Incapacity Planning – Taking charge before its too late” All classes are located at … Continue reading →

Have you heard the terms “special” needs trust and “supplemental” needs trust and wondered what the difference is? The short answer is that there’s no difference. Here’s the long answer: When the field of special needs planning began more than two decades … Continue reading →