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How Trusts Help Estate Planning

Posted on: March 21, 2019 | By: David Parker, Esq.
Although there are dozens of types of trusts, the most common trust used for these purposes is a revocable living trust.
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How Did Designer Karl Lagerfeld Arrange for His Cat in His Estate Plan?

Posted on: March 20, 2019 | By: David Parker, Esq.
While it is not clear that Lagerfeld went down this path, a pet trust would likely appeal to his sensibilities.
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What Are The Details on Bernie Sanders Estate Tax Bill?

Posted on: March 19, 2019 | By: David Parker, Esq.
Sen. Bernie Sanders, I-Vt., has introduced a bill that would re-establish the threshold of the estate tax at $3.5 million and set the top taxation rate as high as 77 percent.
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Can A Cell Phone Video Become a Will?

Posted on: March 18, 2019 | By: David Parker, Esq.
Wills deal with the transfer of valuable properties – both real estate and funds – so the law imposes formalities that are intended to increase dependability and reduce ambiguity.
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How Do I Leave My Home to My Family?

Posted on: March 14, 2019 | By: David Parker, Esq.
For many people, their home is the most valuable asset they own. Leaving real estate to your heirs can also be a complicated process, so you'll want to make sure you plan accordingly.
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Power of Attorney, Living Wills: Before a Crisis Strikes

Posted on: March 13, 2019 | By: David Parker, Esq.
Aging parents who need support from adult children do not always have power of attorney documents completed before caregiving begins. Caregiving situations arise from unexpected situations, like an accident in the home or health emergency like a heart attack or stroke.
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Using Trusts to Maintain Control of Inheritances

Posted on: March 12, 2019 | By: David Parker, Esq.
Why would you leave an inheritance to a trust for a beneficiary rather than “outright” to the beneficiary? The answer is control.
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Spare Your Family From a Feud: Make Sure You Have a Will

Posted on: March 11, 2019 | By: David Parker, Esq.
If you die without a will, it can lead to conflict between your surviving loved ones, as they try to figure out how best to divide up your personal belongings and finances.
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What Can You Do If Your Dad Leaves Your Out of His Will?

Posted on: March 10, 2019 | By: David Parker, Esq.
There are limited actions you can take, if you're disinherited.
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Can I Draft My Own Will?

Posted on: March 9, 2019 | By: David Parker, Esq.
In this article, we are going to give you the reasons why you should hire a lawyer for your estate plan.
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