Why Do I Have to Stay in the Waiting Room???

“Little pig, little pig, let me come in, Not by the hair of my chinny chin chin. Then I’ll huff, and I’ll puff, and I’ll blow your house in” Remember this from your childhood?? The Big Bad Wolf who wanted in to the little pigs houses… At times I have to keep potential “Wolves” out…

A Brief Q. and A. on Estate Planning

Q: What is Estate Planning? What does the term, Estate Planning mean? A: Depending on who you are talking to that term can have a broad range of meanings. Many different professionals say that they “do” estate planning. As an Attorney it refers to helping my clients put into place the appropriate legal documents necessary…

Executor… Agent… Trustee… What are all these things???

Trustee… Executor… Agent…  POA… Will… Trust… When you have a Trust based estate plan you end up having a number of legal documents that accomplish different tasks; are usable at different times and the people who might act under them have different titles. For your Trust – it is effective immediately – throughout your life…

Transitioning – from Adult Child to Parent Caregiver & Vice Versa

Transitions can be difficult. Marriage, birth, death, moving, change of job, financial windfall/loss, etc. There are many times in our lives where things change & big or small – happy or sad – we “transition” – we adjust to learn a new way of life so we can move forward. Change & the adjustment to…

Why Adding Your Adult Children to Your Bank Account or Real Estate is NOT the Best Way to Plan

Some people think that the “easy” way to avoid probate – or even just the “easy” way to be sure that their “loved ones” can access their money to care for them in the event of incapacity is to add them to their bank accounts or even their real estate. This is the wrong way…

Common Initial Steps to Take When Someone Has Died

Typical Initial Steps to Take When Someone Has Died After someone passes on, who will have the authority to handle things will depend on whether or not they had an estate plan. If they had a trust or will based plan then the Trustee and/or the Executor, is authorized and empowered to carryout all duties…

Choosing A Guardian For Your Child

The question: What is a guardian?  And how do I choose someone to be my child’s guardian? The answer: As a parent (biological or legally adoptive), you are the natural guardian of your child.  You are responsible for the care, education and supervision of your child, until age 18.  If both parents are deceased or unable to…

What is a Will??

A few weeks ago I posted regarding the topic – what is a trust…Here is an overview of a will. What is a WILL?? A will is a legal document that usually includes the following information: WHO your family is. WHO you want to leave your estate/assets to when you die. WHO you would put…

What is a Trust?

What a TRUST is from a legal document/legal relationship point of view. A trust is the formal setting of a relationship between Three Parties. The Trustor (aka Settlor aka Grantor) – or the person who creates the trust & usually has the assets that are going to go into the trust. The Trustee – the…

Talking to Your Elderly Loved Ones about their Estate Plan

As an estate planning attorney I am frequently asked how to go about approaching the subject of estate planning with elderly parents.  This can be a tough conversation but it is certainly an important and valuable one to have, for both generations. The following is a list of typical questions to begin the dialogue: •…