by Christine | Apr 16, 2014 | Estate Planning, Probate, Trusts, Wills |
A no-contest clause may be a good idea if you have a beneficiary who may be upset by the property distributed to him or her. Consider this common estate plan predicament: you are drafting a will and know that if it is challenged by a spurned heir or for anyone for any...
by Christine | Apr 15, 2014 | Asset Protection, Elder Law, Estate Planning, Probate, Reverse Mortgage Loan |
Death of the borrower triggers the loan payoff, but the estate and heirs will never owe more than what the home is worth. Family homes are unique assets. And like many assets, family homes can be as complicated as they are meaningful. Even when heirs inherit a home...
by Christine | Apr 14, 2014 | Advanced Health Care Directive, Durable Power of Attorney For Finances, Elder Law, Estate Planning, Living Trust, Living Will |
Stop saying everyone knows what you want. Everybody probably doesn’t know. Or in their grief, they may not be able to make the decisions you would have preferred. If you don’t leave written instructions, emotions or unresolved issues can get in the way. The amount of...
by Christine | Apr 11, 2014 | Asset Protection, Small Business |
Asset protection is the process of employing risk management products and legally acceptable solutions to ensure a person’s wealth is not unjustly taken. Ever heard of the rule of entropy? Roughly, it says that things tend toward chaos. So it is with business and the...
by Christine | Apr 10, 2014 | Uncategorized |
Choosing whether assisted living would be the right option can be a complex decision requiring a dispassionate evaluation of the situation and careful consideration. The challenges of helping an aging parent plan for their late-in-life care can be strenuous. There are...
by Christine | Apr 9, 2014 | Autism, Developmentally Disabled, Limited Conservatorships |
Since April is "Autism Awareness Month" I thought it would be a good idea to talk about "limited conservatorships" again. This is an important issue for any parent of a developmentally isabled child regardless of the type of disability. When...
by Christine | Apr 9, 2014 | Elder Care, Elder Law, Inheritance |
Suzanne M. Cheney performed many services for her stepfather, Anthony R. Turco, expecting to receive a share of his estate. However, to her great disappointment, he left her nothing. There is a difference between care given out of responsibility and that given out of...
by Christine | Apr 8, 2014 | Alzheimer's, Dementia, Elder Care, Elder Law |
"Understanding that AD may contribute to almost as many deaths as the two leading killers in America, heart disease and cancer, is an eye-opening figure that may convince the public and policy makers that AD funding should be increased," James said. As you...
by Christine | Apr 7, 2014 | Estate Planning, Inheritance |
One of the most common themes among my affluent clients is a desire to see their children make it on their own. Over 90% of these clients are first-generation wealth builders, meaning they didn’t inherit their money but accumulated it from saving, investing or...
by Christine | Apr 4, 2014 | Budget, Estate Law |
Under the President’s plan, in 2018 the tax would revert to the rates that were in effect in 2009. Budget buzz is spreading across Capitol Hill. For example, did you know that President Obama's proposed budget is seeking a reduction of the estate tax exemption...
