Estate Planning

There are a number of different kinds of trusts, but they fall into two basic categories: testamentary and inter vivos. One goes into effect while you’re alive and the other only after death. Which do you need?...

Elderlaw 101

A trust is a legal arrangement through which one person (or an institution, such as a bank or law firm), called a "trustee," holds legal title to property for another person, called a "beneficiary." There are many benefits to creating...

Elderlaw 101

A power of attorney is a very important estate planning tool, but in fact there are several different kinds of powers of attorney that can be used for different purposes.

Elderlaw 101

While joint accounts can be useful in certain circumstances, they can have dire consequences if not used properly. Adding a loved one to a bank account can expose you to their creditors and affect Medicaid planning.

Medicaid 101

Many people think that estate plans may be for someone else, but certainly not them. Here are 11 compelling reasons to set up an estate plan, no matter what your age or net worth.

Elderlaw 101

If you have been appointed the trustee of a trust, this is a strong vote of confidence in your judgment and trusthworthiness. It is also a major responsibility. ...

Elderlaw 101

Knowing the cost basis of your property is important for tax purposes, but proving cost basis can be difficult without professional guidance. Cost basis adjusts after a joint owner dies and needs to be reevaluated.

Elderlaw 101

Saying that there has been "undue influence" is often used as a reason to contest a will or estate plan, but what does it mean?...

Elderlaw 101