An estate plan is a legal system for the disposal of your property upon your death. It recognizes your wishes, such as those regarding the care of minors, and it legally minimizes taxes. It can take into account your views regarding future medical c...
When thinking of your assets and obviously you have or you wouldnt have found this article, you have looked into different options there are out there for you to protect your investments. These options are designed for both Offshore and Domestic ass...
An Advanced Medical Directive deals with life's real issues and combats the problems that arise where most boilerplate healthcare powers of attorney, healthcare proxies, living wills and others fall short. The Terri Schiavo case is a prime example o...
What if I already have a power of attorney? How will the financial directive help me still? A boilerplate power of attorney is intended to give your agent general powers. A Financial Directive has very specific powers granted by the Principal (you)...
If you've done any estate planning AT ALL , you know that you need a "Living Trust" - but before you can create one, there are a few concerns... Do you really understand what a trust is all about? Your family's future depends on your answer to that...
When planning your estate,what costs more, a will or a trust? Since an attorney can prepare an average will for $400 to $500 and set up an average trust for about $2,000 to $2,500, your decision is made, right? But wait, there is more to it! You don...
Few things are more important to the success of your estate plan than the attorney you choose to design and draft it. Almost as important is the relationship that is formed between that attorney and other professional advisors who serve you in the a...
One of our greatest frustrations as elder law attorneys is not being able to help families implement strategies that would qualify their loved one for Medicaid and protect family assets because a power of attorney is insufficient to allow us to do w...
Many may not consider the possibilities that a Roth IRA can offer an estate plan. But, there are three advantages that a Roth IRA can offer if your estate value is under the Applicable Exclusion Amount ($1.5 million in 2005, and $2 million in years...
Gas prices seem near all-time highs and the summer driving season hasnt even started yet! A recent email presented a simple solution that will force gas prices back to the $1.25 a gallon range. Read on for details and to learn basic principals that...
When you purchase a hand made or antique item today you are buying character and quality that adds to the beauty, comfort and gives you the feeling of being grounded, provides a conversation starter, and sense of being home. Heirloom pieces and anti...
Where does your home mortgage fit into your financial planning and particularly into your estate planning? In the world of yesteryear, the chief goal was to pay off the mortgage and hold the property free and clear. Higher land prices, higher buildi...
When my daughter was suddenly killed in a car crash I was overcome with grief. She was 45 years old, finally at a secure place in life, excited about her children and her job. My father-in-law died on the same weekend and, though we expected his dea...
When it comes to discussing offshore anything and US citizens - from offshore trusts to investments, from offshore banking to company incorporation - its important to note the following facts: - - US citizens are taxed on their worldwide income. Thi...
Do you have a Living Will? To Living Will or to not to Living Will. These questions lend themselves to more questions: How well do you know and trust your loved ones? How confident are you that they understand your core values and views on what your...
