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Estate Planning and Elder Law Blog

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Category: Estate Planning

Estate planning services refer to the process of managing and distributing one's assets and properties after their death, in a way that ensures the smooth transfer of wealth to the intended beneficiaries while minimizing taxes and other expenses. Estate planning services may include drafting legal documents such as wills, trusts, and powers of attorney, as well as providing guidance and advice on strategies for asset protection and wealth transfer. These services may be provided by lawyers, financial advisors, or other professionals with expertise in estate planning. Effective estate planning can help individuals achieve their long-term financial goals and provide peace of mind for themselves and their loved ones.

When shopping for funeral services, be wary.

Do Unmarried Couples Need Estate Planning ?

Posted on: January 23, 2020 | By: David Parker, Esq.
Experts say that creating a plan for what happens to your estate — regardless of how meager or massive your assets — is key for unmarried couples who want their commitment to each other protected in the event of death.
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What doesn't Medicare cover.

Why a Last Will Is the Foundation of an Estate Plan

Posted on: January 22, 2020 | By: David Parker, Esq.
If you care about what happens to your money, home and other property after you die, you need to do some estate planning.
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Turning 65 ?

Turning 65 in 2020? Some Pointers for a Special Year

Posted on: January 21, 2020 | By: David Parker, Esq.
Turning 65 is a major milestone for many Americans, as it is the traditional age at which they start thinking seriously about retirement.
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Eddie Van Halen left money to a foundation

Power of attorney and advance directive - Start the New Year with Estate Planning To-Do’s

Posted on: January 20, 2020 | By: David Parker, Esq.
Every estate plan should bring you peace of mind, but much more than that, an estate plan is one of the best gifts you can give your loved ones.
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Work on your Estate Plan

How Do I Plan for My Incapacity ?

Posted on: January 17, 2020 | By: David Parker, Esq.
What would happen if you were mentally or physically unable to take care of yourself or your day-to-day affairs? You might not be able to make sound decisions about your health or finances. You could lose the ability to pay bills, write checks, make deposits, sell assets, or otherwise conduct your affairs. Unless you’re prepared, incapacity could devastate your family, exhaust your savings and undermine your financial, tax and estate planning strategies.
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Can I get less in Social Security ?

Health Care Directive - Are You Forgetting this Estate Planning Document?

Posted on: January 16, 2020 | By: David Parker, Esq.
Estate planning is a complex world for most Americans. For many, the process can seem overwhelming and expensive. For others, it is uncomfortable to confront one’s mortality and requires tough decision making. However, regardless of one’s feeling on estate planning, there is one estate planning document that all Americans should have: A Health Care Directive.
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What Does an Estate Planning Lawyer Really Do?

Posted on: January 15, 2020 | By: David Parker, Esq.
Estate planning is a systematic process, which involves getting your personal and financial goods for the time, if you pass away or become mentally ill. It is also known as last will, and almost everyone does this planning for their family.
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Durable Health Care Power of Attorney

Durable Health Care Power of Attorney - Key Health Document Most Americans Don’t Have but Should

Posted on: January 14, 2020 | By: David Parker, Esq.
Regardless of one’s feeling on estate planning, there is one estate planning document that all Americans should have: A Health Care Directive.
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Work on your Estate Plan

From Gentle Persuasion to a No-Nonsense Approach, Talking About Estate Plans

Posted on: January 13, 2020 | By: David Parker, Esq.
Few families, of course, enjoy talking about money. Introduce the idea of estate plans and inheritance—who gets what and why—and conversations often never get off the ground.
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How does Portability work?

What Happens If A Beneficiary Dies Before Receiving An Inheritance?

Posted on: January 9, 2020 | By: David Parker, Esq.
The death of a beneficiary scenario can arise in settling either a probate estate or a trust administration. The beneficiary’s death affects both the administration of the first decedent’s probate estate or trust and the administration of the beneficiary’s own estate.
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