Being a Successor Trustee Should Be Taken Seriously
Scenario: Your father was smart enough to have a trust drafted. As a result, his property can pass to you and his other beneficiaries without the lengthy and costly process of going to probate court. Now what? When your father had a trust drafted, he became both the Trustor (trust[...]
Beware of Bargain Estate Planning – By: Allyson S. Heller, Esq.
Here’s a scenario I see all too often in our practice: A couple comes into my office to have their living trust reviewed. They tell me they responded to a mailer offering a steep discount to draft an estate planning package, but after signing their documents, they felt uneasy. As[...]
Taxes and Trusts
It’s that time of year…tax season. When most of us think of tax season, we think of our individual and business tax returns since these are the most common tax forms. Most of us do not think of the tax obligations relating to trusts—but many of us should. Many of[...]
VA Planning
Update On VA Law If you are a veteran or the spouse of a veteran, then you may be eligible for VA pension benefits, and VA pension planning may be an option for you. VA pension benefits consist of monthly cash benefits paid to[...]
Trusts That Help With The Costs of Dementia
A recent report from the Alzheimer’s Association states that one in nine Americans age 65 or older currently have Alzheimer’s. With the baby boomer generation aging and people living longer, that number may nearly triple by 2050. Alzheimer’s, of course, is just one cause of dementia—mini-strokes (TIAs) are also to[...]
Planning Ahead-The Gift of Peace of Mind
As we know, the holidays are a time for family and friends, when people travel far and wide to be with loved ones. With all the hustle and bustle of the holiday season, it’s important to plan for the unexpected. If you were injured in an accident and could no[...]
