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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.

Does Your Estate Plan Include Furry or Feathered Family Members?

Posted on: April 1, 2019 | By: David Parker, Esq.
Do you have a friend or family member who is that pet owner? Expensive toys. Over the top sweaters. A Facebook or Instagram account filled solely with pet pictures. Maybe you are that pet owner, if you are reading this article.
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What Legal Documents Will You Need to Raise Your Grandchildren?

Posted on: March 31, 2019 | By: David Parker, Esq.
While there are differing reasons for this, ranging from drug use or inability to care for the child, various legal issues arise when grandparents are the primary caretakers.
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Will Getting Married Affect an Older American’s Social Security Benefits?

Posted on: March 22, 2019 | By: David Parker, Esq.
Marriage could affect the amount of Social Security benefits you might get one day, depending on whether it is your first marriage and your age when you marry.
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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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