You may already be aware of the benefits of a Roth IRA conversion as it relates to putting together tax-free income for your own retirement. However, you may also want to think carefully about a conversion if you want to maximize what is left behind for your heirs. There is the potential for converting your… Read More »
Blog Posts Page 3
Which Assets Make the Most Sense to Give to Charity?
If you’ve decided that a portion of your estate should go to charity, this is a worthwhile endeavor that allows you to give back philanthropically. However, it is important to consider that what you choose to give to charity has tax implications. Doing good for someone else does not always necessarily mean doing well for… Read More »
What You Need to Know About Revoking a Power of Attorney
Establishing a medical or financial power of attorney is an important step to take so that you have someone else to step in and make decisions for you if you become unable to do so. Many people fail to put together a power of attorney because they assume that it will not happen to them…. Read More »
Major Steps Accomplished by Establishing a Pet Trust
Thinking about what will happen to your assets after you pass away is an important conversation and one that should be conducted with the help of an estate planning attorney. However, planning for the future goes beyond thinking about what you’ll leave behind for your beneficiaries and what you will do to minimize your taxes…. Read More »
Top Three Issues That Elder Law Clients Are Dealing with Before They Come to an Attorney
It is not always easy to recognize that you need the assistance of an elder law attorney. Elder law attorneys can help with numerous different issues including future planning, estate planning, Medicaid and Medicare issues, choice of living situation issues, planning for special needs children and end of life concerns. It is important to identify… Read More »
What Is an Estate Plan?
If you have yet to set up to a meeting with an estate planning lawyer, an estate plan might just be a buzzword on your to-do list. But what does it actually mean? How can it work with your elder plan to ensure you’re protected when you’re older? Read on to learn more. An estate… Read More »
How Can an Elder Law Attorney Help You?
Most people might not even realize the multitude of benefits offered by an elder law attorney. Deciding to work with one as a loved one grows older or even as you contemplate your own future can help you guard against risks and gain peace of mind about the road ahead for you and your loved… Read More »
Four Steps to Remember When Putting Together a Will
A will helps to ensure that upon your death your assets will be transferred according to the wishes that you have. In the event that you pass away without a will, your assets will pass down according to the state’s individual laws on intestacy. When putting together a will there are four key things you… Read More »
Long Distance Caregiving and the Importance of Elder Law Planning
Anytime that a loved one is diagnosed with any cognitive condition, including Alzheimer’s disease, it can be very overwhelming for family members to figure out next steps. This is particularly true if the loved one did not have any plans in place regarding his or her estate or healthcare documents to be managed while they… Read More »
Things to Consider When Selecting a Guardian for Your Minor Children
Selecting a guardian for your minor children is an important step for protecting your children’s future. It can be a very challenging decision to arrive at. While a friend or family member may even be willing to serve as guardian for one child or possibly even two, this is extremely important to consider if you… Read More »