As we welcome a new year, it’s an opportune time for parents and grandparents with custody to consider one of the most important decisions: naming guardians for your children or grandchildren. Life can be unpredictable, and while we hope for the best, it’s essential to be prepared for any eventuality. Setting up guardianship ensures that...Read More

Inheriting an asset can be a mixed blessing. While it might signify a meaningful bequest from a loved one, it also comes with its own tax implications. One of the most significant tax features to understand when inheriting property is the “step-up in basis”. We often encounter clients who are unaware or confused about how...Read More

National Estate Planning Awareness Week, observed from October 17-23, 2023, is an annual reminder of the importance of planning for the future. This week prompts us to think critically about what lies ahead and how we can ensure the protection and well-being of our loved ones. Estate planning might sound complex and overwhelming, but it...Read More

The loss of a loved one is always a challenging time. Amidst the emotional turmoil, there are several practical tasks that must be undertaken. One of the foremost among these is obtaining the deceased’s death certificate. I’m here to guide you through the process to make it as straightforward as possible. Why Do You Need...Read More

When there’s a significant age difference between your children, estate planning can require extra attention to detail. You’re not only considering their immediate needs but also forecasting the challenges each child may face at different life stages. Let’s discuss the nuances you should consider in such situations. 1. Education Funding If one child has already...Read More

For many retirees, dividing time between two beloved locations is the dream. Known as “snowbirds,” these individuals enjoy northern US states in the summer before flocking to warmer climes come winter.  While this lifestyle has many advantages, it can significantly impact the distribution of your assets when you pass away. For instance, your home state...Read More

Inheriting assets is a mix of honor and responsibility. As a probate lawyer, I’ve seen many people unprepared for the implications of managing their inheritance. The inclination to treat an inheritance as “bonus” money is common, but there are many pragmatic ways to use these funds for future benefits. Integrating Inheritance into Your Financial Plan...Read More

Going through a divorce is an emotionally charged and challenging process. Amid the whirlwind of legal proceedings, contacting an estate planning attorney might not be at the top of your to-do list—but it should be. A divorce, often referred to as dissolution of marriage, can stretch over several months, sometimes even years. During this period,...Read More

When we lose someone dear to us, it can be challenging to navigate the pain and figure out how to keep their memory alive. In the midst of grief, we often search for meaningful ways to celebrate and remember the love we shared with them. Honoring their memory can provide comfort, act as a tribute...Read More

As an estate planning lawyer, I often receive questions about the roles and responsibilities of an executor and a power of attorney (POA), especially in situations where a loved one is no longer living at home. A question I recently received encapsulates a common misunderstanding: “My mom is in a nursing home and her house...Read More