Many people aren’t considering vacationing anywhere but in their own hometown these days. But, as travel becomes more of an option over the Summer, remember having your will and advanced directives in place will give you peace of mind as you do plan for your trip.
estate planning
Do You Have A Plan For Your Pet If You Are Disabled Or Die?
The world feels very different right now. You watch the news, you talk to your sources and you are doing the best you can to prepare, as we all are doing. Everyone should follow the directions of the government. Courts are closed right now, there are no foreclosure auctions for a minimum of 30 days. This is an unprecedented time. Reach out to your neighbors, support small businesses and practice social distancing.
[Read more…] about Do You Have A Plan For Your Pet If You Are Disabled Or Die?
A Basic Overview of Trusts
As part of the year’s end, we are finishing up our series on estate planning and this month we are giving you a basic overview of the different types of trusts you can utilize in your estate planning.
Changes In Life = Changes To Your Life Plan
When I got out of law school in 1997, some classmates were talking about opening up their own offices. I thought, no way, that isn’t for me! I want to get a paycheck, save for retirement and make partner someday. I also had no plans for having a child either.
It is important to revisit your estate planning documents whenever you have a major life change. Make sure all the big changes in your life are protected and everything is up to date. Protect your legacy. We can help you do that. I would be happy to give you a free review of your current estate plan and offer suggestions, if there are any, to help you protect yourself better.
Next month, we are going to review some of the different types of trusts out there and which ones might be good to add to your estate planning. F
Estate Planning: Wills And Advanced Directives, When Do I Need These?
Estate planning is just as it says – it’s a plan to ensure that your wishes are implemented – how you want your estate to be divided, who should be guardian to your minor children, and your assets are protected from tax implications and Medicaid. Your home, your car, your collectibles, your money, anything you want to ensure is passed on to the right people after you pass. Sure, it’s a morbid thought, but these are important matters and the implications are a lot scarier than not having a plan.
[Read more…] about Estate Planning: Wills And Advanced Directives, When Do I Need These?
Protect Your Assets Before It’s Too Late
When you get the newsletter this month, I will have just seen Bob Seger and the Silver Bullet Band at Jones Beach. One of my favorite songs is Night Moves. But it means so much more to me now than it did when I was younger. Instead of thinking about young love, my attention is now drawn to the line near the end of the song, “Strange how the night moves, with Autumn closing in?” So, this month is focusing on “Autumn closing in” and how you can make sure your assets are protected and how to make things easier for your family when you pass.
Let’s create some scenarios to help understand why this is so important.