Recent Blog Posts
Grantor Retained Annuity Trust
A Grantor Retained Annuity Trust (GRAT) is another estate planning tool that you may want to take advantage of. At first GRATs may sound a little more complicated than other trusts or estate planning options, but when explained step by step they can be much more easily understood. As always, you should work with… Read More »
Prenuptial Agreements and Senior Marriages
It is common for a spouse to remarry after the death or divorce of a previous spouse. A prenuptial agreement can be an important tool in any marriage, but can be especially useful for people who are marrying for the second or third time and are towards the later years of their life. What… Read More »
Special Needs Trusts
Special needs trusts are a great way to help provide for someone with disabilities without jeopardizing his or her access to public benefits programs. If you have a disabled family member under the age of 65 you may want to think about including a special needs trust in your estate plan. What is a… Read More »
Bypass Trusts
Though they are used less today than they were a few years ago, bypass trusts are still an important estate planning tool. You should know the basics about bypass trusts and the changes in the law that make bypass trusts less common, but still a useful tool for some people. What Are Bypass Trusts?… Read More »
Introduction to Long Term Care Planning
You may have heard of long term care planning before, but you may not know exactly what it refers to. In the world of elder law when this term is used, it is referring to something very specific. At the end of life many people need extended care in environments that can meet their… Read More »
Who Should I Choose for my Trustee?
Many people include one or more kinds of trusts in their estate plans, especially the common revocable living trusts. When a grantor creates a trust, he or she also needs to name at least one trustee. Depending on the kind of trust, it may make sense for the settlor to name him or herself… Read More »
What Exactly is Probate, Anyway?
Probate is an important part of the process of estate administration process after someone dies. Ultimately, anyone who is interested in creating an estate plan should reach out to an attorney to learn more about the probate process, and how it could affect their future estate. What Probate Is Probate is a legal process… Read More »
Starting A Family Foundation
You do not have to be a billionaire to start a family foundation. In fact, it may make sense as part of your estate planning and wealth management. However, it is important to reach out to a skilled legal professional before making any decisions regarding your future estate plan. What is a Family Foundation?… Read More »
Stand-Alone Education Trust Basics
A stand-alone education trust is another popular estate planning tool. With the cost of college and graduate school rising and with college degrees becoming more and more necessary for employment, a stand-alone education trust is something that you may want to think about as you plan for the future of you and your family…. Read More »
Charitable Remainder Trust Basics
A charitable remainder trust is an important estate planning tool. Charitable remainder trusts are a way to support a cause you love while also getting tax benefits for yourself and your heirs. This article looks at the specifics of charitable remainder trusts and gives a brief introduction to the most common kinds of charitable… Read More »
