Life estates can be an excellent tool for Medicaid planning, probate avoidance and tax efficiency, but there are potential problems to look out for. Knowing the implications and risks of a life estate is essential in determining whether it is appropriate for your situation.
In a life Continue reading
Making sure your end-of-life wishes are followed no matter where you happen to be is important. If you move to a different state or split your time between one or more states, you should make sure your advance directive is valid in all the states you frequent. Many people think advance Continue reading
When interest rates are low, intrafamily loans can be a good way to assist a relative (typically a child) with purchasing a house or a family business, and in certain circumstances they can be used to gift money to the next generation.
An intrafamily loan allows family members to Continue reading
Britney Spears’s legal fight to wrest back control over her personal and financial affairs has flooded the issue of guardianship in Klieg lights. While a full guardianship may be necessary for many individuals who are incapable of managing their own affairs due to dementia or intellectual, Continue reading
March Madness is still in full-swing!!! But, as much as I love watching the talented Zion Williamson take over the court, I’m still not a Duke Basketball fan…Go Carolina!! Last week, I shared with you that even in the best circumstances, with your most trusted people, items, or brands, Continue reading
March Madness is still in Full-swing. Who are you rooting for? I’m with Carolina. Well, I’m actually with any team that isn’t Duke. Last week, I told you that you should absolutely NOT treat your Estate Plan like your bracket. Unlike your bracket, your Estate Plan can and most certainly Continue reading
Whether you follow college basketball or not, odds are, you’ve probably heard of March Madness. If you ask anyone who knows me, they would likely tell you that I am totally not a basketball girl. I am a football girl! Please don’t hold this against me, but I am a diehard New England Continue reading
