When people complete their estate plans with an attorney, the resulting documents are often dense with legal language—filled with boilerplate provisions about taxes, trusts, and powers of appointment. These documents serve a critical legal function, but they rarely reflect the heart behind the plan.
Most spouses assume they’ll automatically inherit everything when their partner dies. They won’t. Let that sink in.
“I’d like to have a complex estate plan,” said nobody, ever. Indeed, overwhelmed by the subject, most people have a goal for …
Trusts come in all shapes and sizes and can be effectively used to solve for a variety of planning challenges. You want …
Often, folks want to protect hard earned assets from the costs of healthcare as they age. They fear expensive assisted living and …
Have you ever been given an opportunity to loan someone money at an attractive interest rate? Driven by the prospect of higher …
Despite some misleading assertions to the contrary, trusts are not the solution for every estate plan. Trusts come with baggage and the …
A parent can structure a gift of $1M to a child today such that neither the child nor the parent will pay …
A power of attorney authorizes a person (an “agent”) to act on behalf of the “principal” when the principal is no longer …
