Posted on: October 13, 2019 | By: David Parker, Esq.
When you create a living trust, you also sign a pour-over will. One of the main benefits of a trust is avoiding a court proceeding on death called probate, which is when wills are used.
Posted on: October 12, 2019 | By: David Parker, Esq.
In the next few months, thousands of northerners — so-called “snowbirds” — will escape their snowy, cold climates to spend the winter in warm, sunny spots in the southern or western part of the United States.
Posted on: October 10, 2019 | By: David Parker, Esq.
If you and your spouse are child-free, you may think you don't need to think about comprehensive estate planning—but you'd be wrong. You'll still want to ensure your assets go where you'd like them to after you're gone, rather than being divvied up by the state.
Posted on: October 9, 2019 | By: David Parker, Esq.
In many relationships, it’s common for one spouse to play money manager and the other to take a more passive role. This, however, can lead to major complications, when the financially dominant partner dies first.
Posted on: October 8, 2019 | By: David Parker, Esq.
The staggering costs of long-term care can wreak havoc on your retirement savings. According to the U.S. Department of Health and Human Services, about 27% of Americans turning 65 this year will incur at least $100,000 in long-term-care costs, while 15% will require care costing more than $250,000. That’s a hard pill for most seniors to swallow.
Posted on: October 6, 2019 | By: David Parker, Esq.
Two of the most widely used deeds in real estate are quitclaim deeds and warranty deeds. Keep reading to learn about these two types of deeds and how they work—and what’s at stake if you choose the wrong one.
Posted on: October 5, 2019 | By: David Parker, Esq.
I admit that this question stumped me. It was not so much because of what you are asking, but rather why you are asking it in the first place. I’ve tried to come up with a scenario why someone would want to change their will temporarily, but I have come up blank.
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