People often wonder about the value of using irrevocable trusts in Medicaid planning. Certainly gifting of assets can be done outright, not involving an irrevocable trust. Outright gifts have the advantages of being simple to do with minimal costs involved, including...
Helping You Protect Your Loved Ones And Your Legacy
Month: July 2012
Furry Family
Well, it’s official: Our adopted black kitties are members of the family without prejudice. You may remember my telling you when Karen and I brought them home. They are really cute and provide us a lot of entertainment and, of course, love. (Did you know it’s been...
Pets Are People, Too!
If one were to believe for a second that pets are not important, they might consider the impact owners’ love for their furry friends have on the US economy: Over $35 BILLION spent on grooming, healthcare, shelter, food, etc. To put it in perspective: According to the...
Sweet 16, Swimming, and Safety Nets
I hope you all are still enjoying the Summer! Vacations, summer camp, swimming, camping… all the things that are most fun when it’s warmer weather keep you busy when these things are “thrown into the mix” of your regular routine! We are having a fairly quiet Summer...
A Hypothetical… But It Does Happen
Today we’re going to discuss a situation that happens all the time. It’s a situation that almost nobody thinks about, unless you’re an estate planning attorney, but it does occur often enough to talk about. Consider the following hypothetical: A woman, let’s call her...
Avoid these 10 Common Estate Planning Mistakes
As a Personal Estate Planning Lawyer, I see many of the same estate planning mistakes made time and again by people who either fail to plan properly or who use “do-it-yourself” estate planning websites or forms in an effort to save money. Without professional...
