A recent court decision in Minnesota serves as a cautionary reminder to anyone thinking of changing their estate plan on their own.
Monthly Archives: August 2015
View image | gettyimages.com Here is a short list of dangers that I regularly see in my Elder Law practice. These hazards can frustrate a client’s estate plan or asset protection plan : 1) The Do It Yourself Last Will and Testament that does not work because it is improperly executed, has inconsistent clauses and/or fails to… Read More »
Some parents, fearful of how a large inheritance will affect their heirs, set up what are known as “incentive trusts” that ensure that the trust funds support positive behavior and discourage unproductive activities.
We’ve all been warned about protecting ourselves from identity theft, but one group of victims can’t take action to protect themselves—the dead. Fortunately, there are steps that you can take to discourage identity thieves from targeting a deceased loved one.
Your Last Will and Testament and the details of your estate holdings and its distribution will not be an open public record in the clerk’s office of the Surrogates Court. The trustee of your Revocable Living Trust will not need to probate your Will in multiple states in order to transfer your home, vacation home… Read More »
President Obama has signed a new law intended to prevent Medicare beneficiaries from spending days in a hospital only to find that they hadn’t been admitted to the hospital at all – they were only under “observation.”
As you get ready to turn 65, you may be inundated with information about Medicare. All this information is confusing, but it is important to do your research before choosing your plan.
Now that the late Whitney Houston’s only child, Bobbi Kristina, has herself died, what will happen to the estimated $20 million estate she was to inherit?