Designed to preserve family businesses for future generations, Family Limited Partnerships (FLPs) can help shelter your assets and reduce overall estate and gift taxes. FLPs are commonly used as part ...
Every family should establish a clear plan to handle an emergency that occurs during school hours. Unfortunately, many parents mistakenly believe that filling out the school’s emergency card is sufficient. ...
Most people are aware that probate should be avoided if at all possible. It is an expensive, time-consuming process that exposes your family’s private matters to public scrutiny via the ...
The purpose of writing a Last Will and Testament is to make sure that you – and not an anonymous probate court judge – have control over the distribution of ...
Many clients want to know whether they should start drawing Social Security at age 62 or should they wait until full retirement age or even longer. Since the amount of ...
Medicaid, also known as Medical Assistance or Title 19, is a government program that subsidizes the long-term care expenses of needy individuals who meet specific asset and income requirements. In ...
The most common method of managing property during incapacity is using the Power of Attorney. In a Power of Attorney you, “the principal,” name a chosen “Agent” to exercise legal ...
Each state has laws that authorizes its residents to create a special Power of Attorney in which you designate an Agent to make health care decisions for you if you ...
Healthcare directives can be vitally important, as recent cases, like that of Terry Schiavo, clearly brought to light. These important documents can mean the difference between your health care wishes ...
The “ostrich syndrome” is part of human nature; it’s unpleasant to observe that which frightens us. However, pulling our heads from the sand and making preparations for frightening possibilities can ...