Estate Planning

Estate administration is the process of managing and distributing a person’s property (the “estate”) after death.

Elderlaw 101

For most people, the durable power of attorney (POA) is the most important estate planning instrument available — even more useful than a will. A POA appoints someone you trust to act in your place when necessary. ...

Elderlaw 101

Just as we create estate plans for our eventual demise, we also need to plan ahead for the possibility that we will become sick and unable to make our own medical decisions. ...

Elderlaw 101

Proper execution of a legal instrument requires that the person signing have sufficient mental "capacity" to understand the implications of the document. ...

Elderlaw 101

Your will is a legally-binding statement directing who will receive your property at your death.  Why should you have a will? Here are some reasons.

Elderlaw 101

Life estates can be an excellent tool for Medicaid planning, probate avoidance, and tax efficiency, but there are potential problems and risks to understand before creating one. Is a life estate right for you?...

Medicaid 101

Credit shelter trusts are a way to take full advantage of state and federal estate tax exemptions. Although such trusts may appear needless unless you are a multi-millionaire, there are many reasons to create them.

Elderlaw 101

Any complete estate plan should include a medical directive, which can encompass a number of different documents. ...

Elderlaw 101

The Uniform Gifts to Minors Act (UGMA) and the Uniform Transfers to Minors Act (UTMA) are sometimes called the "granddaddies" of college savings accounts. Your valuable gifts also lower your tax liability.UGMA and UTMA Accounts...

Elderlaw 101