Posts Tagged: estate planning

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Do’s and Don’t for Estate Planning

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The reality of life is that everyone shall die someday. Apart from death, some calamities in life can render you incapacitated, putting you in a position where you can’t manage your property. The creation of an estate plan allows you to control what happens to your property in the event of death or incapacitation. However,… Read more »

Electronic Information and Estate Planning

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An Important Component of Your Estate Plan Should Be a List of Logins and Passwords for Your Online Accounts. Recently, I read an article that brought up an interesting, and I think, important estate planning issue: if you were to become incompetent and need to rely on another to assist you with you financial affairs,… Read more »

Last Will and Testaments Require Probate

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On a regular basis, clients or potential clients will tell me that “I have a Last Will and Testament, so I won’t have to Probate when I die.”   Unfortunately, this couldn’t be further from the truth. A Last Will and Testament, or a Will for short, is a document that is created during life, that… Read more »

Estate Planning to Care for Children with Special Needs

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Parents of children with special needs must be particularly careful in how they estate plan to avoid creating a scenario in which their special needs child is disqualified for benefits such as Social Security Disability Benefits, Medicaid, housing benefits and other needs based benefits for those with special needs.  The use of a special type of… Read more »

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