
Special Needs Family Requires Special Planning
As our children with disabilities grow older, and we ourselves grow older, the future can seem daunting. The future can be overwhelming.
As our children with disabilities grow older, and we ourselves grow older, the future can seem daunting. The future can be overwhelming.
Many people equate estate planning with older people who have more assets and more to protect. However, that doesn’t mean younger people should ignore the benefits of estate planning. According to Caring.com, only 34% of adults ages 35 to 44 have a will and 18% of adults ages 18 to 34 have one.
When the ‘Queen of Soul’ Aretha Franklin died last year, it was believed that she hadn’t prepared any kind of estate plan, including a last will and testament. However, a few months ago, three handwritten wills were found in her home near Detroit. Two were in a locked closet and one was stuffed beneath the cushions of a couch!
There are milestones in every life. For many, graduations, marriage, children, opening a business and retiring are among these milestones.
Two days before he died in what was ruled a suicide in a Manhattan jail cell, Jeffrey Epstein signed a will that put all of his holdings into a trust.
If your parent was extremely authoritarian or independent, it will be difficult for him or her to accept someone telling them what to do – especially one of their children.
If you haven’t discussed your parents’ long-term financial goals with them, you aren’t alone.
A probate lawyer can provide a variety of services to you, if you’re struggling to deal with matters related to your loved one’s estate.
If you think Estate Planning is simply the creation of a will or trust, you are missing a large portion of information, and could potentially have assets that do not flow according to the plan you have set up in your will or trust.
Community property states follow the rule that all assets acquired during the marriage are considered ‘community property.’