Equitable asset division among children makes perfect sense in many situations. Yet, in some families, each child receiving the same inheritance can be inappropriate, deplete the estate’s assets due to ensuing litigation, or cause other family issues after…
Wills are legally bound directives that state who will receive your property upon your death and are an essential component of a comprehensive estate plan. If you die without one (intestate), the state will distribute your assets and…
Due to an anticipated decrease in the federal estate tax exemption allowance, it may be time to rethink how you plan to pass generational wealth to your heirs. Senate Democrats are proposing to lower the current estate tax…
Countless people are struggling with substance abuse, living on the streets, or suffering from mental disabilities – or all three. Many families want to assist family members struggling like that, but families are unsure how to offer that…
In most families, there can be no getting around sibling rivalry. Depending on your particular family members and the dynamic between them, old rivalries from the past can become more significant when a parent passes. Adult children who…
As far as estate planning and elder law are concerned, they serve different functions with some overlap, yet they are both equally important to protect you and your family. The two terms tend to go hand in hand,…
We got this question from a client a while back: In the will of my brother, he left money in a revocable trust for my children, but they were only allowed to receive the money if they spent…
With dementia, wildlife expert, author, guest TV personality, and TV producer Jack Hanna is retiring from work and public life. He has starred in shows such as Animal Adventures, Voices for Wildlife, and Into the Wild. Known as…
Stepchildren are often part of American families, and it is not uncommon for them to receive the same treatment as full biological children, even when inheritance is involved. This is particularly true where stepchildren are part of a…
By avoiding probate through legal methods, you can save taxes, keep your estate out of public view, and avoid needing court approval every step of the way. It can save you time, frustration, and in many cases, significant…