Across the board, legal documents can be confusing. Just think about the paperwork needed to take out a mortgage – the legalese is overwhelming. And
So often, we meet with clients who want to “get a will” or “talk about trusts.” And we’re more than happy to talk about those
If you choose not to decide, you still have made a choice (“Freewill” by Rush). Estate planning is based on a single choice: will you
Here’s a shocking statistic: according to Scranton University, only 8% of people keep their New Year’s resolutions. Some years I’ve been successful with my resolutions, other years are utter failures. In my experience, the times I’ve been able to keep my resolutions have had a few things in common. Here are three ways to stick with your resolution.
The beneficiary is what it sounds like: the person who receives the benefit from a trust. [Read More]
The grantor is the person who creates a trust. No matter what type of trust you have, the grantor is always in charge because they set the trust’s terms. [Read More]
One of the most common questions I hear during our Mutual Interviews is, “Do I need a trust?” And the typical lawyer answer is, “It depends.” In order to answer that question, we need to start by defining what a trust actually is. [Read More]
The law says that your kids magically become adults the day they turn 18. Regardless of their ability to wash a load of laundry or prepare a meal for themselves, our society has decided that their 18th birthday is your kids’ moment of emancipation from the totalitarian regime that is – according to your kid, anyway – your parenting. They’re not done with high school yet, but they’re certainly capable of reading and understanding a residential lease or property disclosure statement. Right? [Read More]
If you’re an NFL quarterback, you’ve reached the pinnacle of your profession. There’s nowhere left to go except down the ladder or into retirement. It’s the same with CEO’s like Mark Zuckerberg, Bill Gates, or Warren Buffet. As President, Barack Obama has hit the peak of his political career. Likewise with Supreme Court Justices: they are the capable-est, the intelligent-est, the wisest among all lawyers. While we have yet to hear what Justice Scalia’s estate plan looks like, it seems clear that his professional legacy is firmly fixed. [Read More]
For many parents, estate planning is primarily about their relationship with their children. But it’s hard to know where to even start thinking through the
