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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.

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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Protect A Life of Working and Saving from Long Term Care Costs

Posted on: March 7, 2019 | By: David Parker, Esq.
Though complex, existing laws provide people with a pathway to protect their assets, become legally poor and qualify for publicly funded Medicaid to cover nursing home bills.
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How Does a Life Estate Deed Work for an Executor?

Posted on: March 6, 2019 | By: David Parker, Esq.
I am the beneficiary on my father's life estate deed of his home. He passed in October 2018. I am wanting to sell the house and have not filed a warranty deed to put the house in my name. Also, the life estate deed is via power of attorney because my father had Alzheimer's and at the time of the preparation of the life estate deed, would not have been considered able to make such a decision.
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Be Careful Granting Power of Attorney

Posted on: March 5, 2019 | By: David Parker, Esq.
For the sake of self-preservation in later life, it is imperative that the 60-and-older population understand the powers that are given away, when signing Power of Attorney (POA) documents.
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Here’s Why You Need an Estate Plan

Posted on: February 1, 2019 | By: April
No matter what line of work you are in, estate planning has facets that apply to everyone, and it comes down to documenting wishes and avoiding probate and unnecessary taxes. Too many people put it off, but, in general, the sooner you do it, the better.
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