Estate Planning with Bickering Kids? Minimize Conflict and Keep the Peace
As a parent, you want nothing more than for your children to get along. But the reality is, sibling relationships can be complex and sometimes fraught with disagreements. When planning your estate, facing the prospect of your children arguing about your legacy is incredibly stressful. Rest assured, there are ways to structure your estate plan […]
Estate Planning for a Longer Hospice Journey: What You Need to Know
Hospice care offers comfort and support during a serious illness, focusing on quality of life rather than curative treatment. While it’s often associated with end-of-life situations, a hospice stay can last for months or even years. This highlights the importance of a flexible estate plan that addresses not only what happens after you pass but […]
Passing Down Your Stocks: Strategies for a Smooth Inheritance
Incorporating stocks and other investments into your estate plan requires careful consideration to ensure your hard-earned assets are transferred smoothly to your loved ones. There are several ways to pass down your stocks, each with its own advantages and potential tax implications. Methods for Stock Transfer One common method is to include specific stocks or […]
Stepping In: What to Do as Trustee When Your Loved One is Hospitalized
Being named a trustee is an important responsibility, but sometimes life throws unexpected situations your way. When a loved one is hospitalized and you have to step into the trustee role, you might feel overwhelmed and uncertain about what lies ahead. Here’s a guide on how to navigate your new responsibilities and ensure your loved […]
The Complexities of Leaving a Legacy to Your Nieces and Nephews
If you share a close bond with your nieces and nephews, ensuring they’re included in your estate plan is natural. However, the laws of inheritance can complicate things, especially for younger beneficiaries. Let’s unravel the factors to consider: How Inheritance Laws Work without a Will When you die without a will (known as dying “intestate”), […]
Why Setting Up a Trust is a Smart Move When Buying a New Home
Buying a new home is more than just a significant financial investment; it’s a key component of your overall estate. As you embark on this exciting journey, it’s crucial to consider how this asset will be managed, both now and in the future. One effective strategy for managing real estate assets is setting up a […]
Key Differences of Revocable vs. Irrevocable Trusts
When it comes to estate planning, understanding the different types of trusts available is crucial. Two common types are revocable and irrevocable trusts, each with its own set of features and benefits. As a trust attorney, I often encounter questions about the differences between these two types of trusts and which one might be the […]
Preparing for Life’s Surprises: Estate Planning for the Unexpected
Life is full of surprises, and while we can’t predict every turn, we can prepare for the unexpected. Whether it’s sudden incapacitation or an unforeseen financial shift, having a comprehensive estate plan can provide much-needed peace of mind. As experienced Will and Trust Lawyers, we understand the importance of being prepared for every eventuality. The […]
Who Has Your Crypto Keys?
Are you part of the growing number of people who invest in cryptocurrency? Then there’s a crucial question you need to ask yourself: “Who has access to my crypto keys?” As any savvy estate lawyer will tell you, leaving your digital assets to loved ones is more complex than traditional assets. Without the right access […]
What to Include When Crafting Your Trust
When you’re working with a trust attorney, it’s crucial to understand what you can include in your trust document. Let’s explore the variety of instructions or restrictions that can make your trust truly yours, ensuring your legacy is managed just the way you envision. Tailoring Your Trust: A Guide to Restrictions Creating a trust allows […]