Sep 22, 2023 | Estate Planning
“I don’t need an attorney to draft my Will, I’ll just prepare one on the internet.” We have seen far too many costly situations when someone died with an online-created Will or Trust. We were recently involved in a Probate matter where a gentleman created a Will...
Sep 12, 2023 | Estate Planning
We typically advise our clients to set two separate sets of deadlines to mark their calendar with. The first is a once-a-year personal review of the decisions that they made (decision-makers, beneficiaries, etc.) to account for any changes in life circumstances that...
Sep 5, 2023 | Estate Planning, Finance
Consider Irene, who recently became a widow when her husband, Henry, died. Like many married couples, they held the title to their home as Tenants by the Entirety. As a surviving Tenant by the Entirety, Irene automatically acquires all ownership and needs to update...
Aug 29, 2023 | Estate Planning, Probate
One of the most common misconceptions we hear from potential clients is that a Last Will and Testament will avoid the Probate process. It will not! Setting up a Will can have several important benefits. For instance, when you die, it will be known who will be in...
Aug 21, 2023 | Estate Planning
When it comes to Estate Planning, Trusts are excellent tools that you can use to protect your assets. Revocable and Irrevocable Trusts serve distinct purposes, and it is important to understand the differences between them. Revocable Trusts allow you to retain...
Aug 15, 2023 | Estate Planning, Probate
When we discuss the benefits of Revocable Living Trusts with our potential clients, some tell us that they own everything jointly with their spouse, so there is no urgency. They assume a Trust will be useful only once one spouse passes away, so they want to wait to...
