by LM2 | Jan 30, 2024 | Estate Planning |
In the intricate dynamics of blended families, one common and crucial question arises: what inheritance rights does a child from a previous marriage have? This is especially important when planning for the future and ensuring fairness for all family members. If...
by LM2 | Jan 8, 2024 | Estate Planning |
When it comes to estate planning, understanding the nuances of various financial instruments is key. This is particularly true for Health Savings Accounts (HSAs), which can play a significant role in your financial legacy. Whether you’re planning to pass down an...
by LM2 | Dec 21, 2023 | Estate Planning, Inheritance |
Every parent dreams of leaving behind a legacy for their children, a testament to years of hard work, dedication, and love. But what if you know, deep down, that your child might squander that inheritance? It’s a heart-wrenching thought, especially when...
by LM2 | Dec 15, 2023 | Estate Planning, Power of Attorney |
Life is ever-changing, and so are our relationships. If you’ve previously designated someone as your agent in a Power of Attorney (POA) and feel that the dynamics of your relationship have shifted, it’s crucial to act swiftly. Begin by introspecting on the...
by LM2 | Nov 29, 2023 | Estate Planning |
The “estate” you own comprises much more than just physical real estate. Whether you have a modest income or sizeable assets, understanding the full scope of your estate is essential for planning purposes. Let’s delve into the various components of an estate...
by LM2 | Nov 14, 2023 | Estate Planning, Trustee, Trusts |
Designing a trust is a significant move in estate planning, one that provides flexibility and potential tax advantages. Central to the operation of any trust is the Trustee, responsible for managing and distributing the trust’s assets as per its terms. Given...
