When comparing aspects of estate planning and elder law, the two have different functions with some overlap, yet both are equally vital to protect yourself and your family. The two terms tend to go hand in hand, but there are some differences. The biggest difference is that elder law planning helps a person during their […]
You may have put years into developing and protecting your legacy to leave for future generations. But have you considered the impact it will have on family members who are in different stages of life after you are gone? Your loved ones must be ready for the responsibility and use their inheritance to improve their
Controlling What Happens to Generational Wealth After You’re Gone Read More »
Nearly everyone will need long-term care at some point in their lives, so planning is vital. While we cannot predict the timing or level of care, we can take steps to prepare for an unexpected medical and financial crisis to help reduce the stress on ourselves and our family members. The cost of care continues
Qualifying for Medicaid: A Five Year Look- Back Without Penalties Read More »
Comprehensive estate planning requires careful thought and conversation with your spouse or life partner. Before meeting with an estate planning attorney, it is best to discuss your ideas to present a united goal. This conversation can be challenging if you and your loved one have different points of view about your future and the legacy
Talking to Your Spouse or Partner About Estate Planning Read More »
A limited liability company (LLC) exists structurally between a partnership and a corporation. Most small business owners are aware this hybrid legal entity is beneficial for financial management, yet an LLC is also a powerful estate planning tool for much the same reason. In the case of estate planning, a Family LLC permits the transfer