Monthly Archives: April 2023
Do Risky Investments Have Any Place In Your Retirement Plan?
Money is only one of the things you need to think about when you plan for retirement. Estate planning lawyers may break the ice by asking you what you would like to spend money on in your old age and what your idea of a comfortable retirement looks like. Beyond those first few conversations,… Read More »
Difficult Decisions When Balancing Your Responsibilities As A Parent With Your Estate Plan
Before commercial flights take off, flight attendants instruct passengers that, if the oxygen masks descend due to a decrease in cabin pressure, they should put on their own oxygen masks before trying to assist their children with their masks. A similar principle applies when it comes to securing your own financial future while helping… Read More »
Asset Protection Strategies To Keep Medicaid From Helping Itself To Your Estate
Like the mother-in-law who promises to provide free childcare and then breaks all your rules about food and discipline while complaining constantly about how noisy your kids are and how much they eat, Medicaid is there for you. Most of the things in life that promise to be freebies are not, including Medicaid nursing… Read More »
Probate Nightmares: Finding Out That The House You Just Inherited Is Encumbered By A Faustian Bargain
Determining how your descendants should inherit a real estate property you own is a big decision. You want to be fair to everyone and avoid inciting sibling feuds or aggravating existing ones. You also don’t want the house to be a financial burden on your family. If you think that your children are just… Read More »