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Estate Planning Blog Articles


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as well as in maryland, west virginia, and the district of columbia
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Advance Medical Directive

7 Essential Estate Planning Documents Every Family Needs

Estate planning isn’t just for the wealthy – it’s essential for every family that wants to protect their loved ones and ensure their wishes are carried out. Having the right legal documents in place provides peace of mind and can save your family significant stress and expense during difficult times. Certain estate planning documents serve specific purposes and offer unique protections. Here are the seven essential documents every family should have in their estate plan. Last Will and Testament Your will is the cornerstone of your estate plan. A properly executed will allows you to designate how your assets will ...
simple document
Estate Planning

Why do I need a Lawyer? It’s just a simple document.

Legal documents are the cornerstone of our society, serving as the foundation for agreements, contracts, and personal arrangements. However, there’s often a misconception about what makes a legal document truly valuable. The first and most basic aspect of a legal document is its enforceability. This refers to whether the document meets the minimum standards required by law to be considered valid and binding. Achieving this baseline is relatively straightforward. It requires understanding and following the relevant rules of law, and the document must be executed as required by these rules. For example, a will might need to be signed by ...
probate costs
Beneficiaries

Michael Jackson Estate Litigation Resurfaces: The Importance of Including a “No Contest” Clause in Your Estate Plan

The ongoing legal battles surrounding Michael Jackson’s estate have recently resurfaced, as his son, Prince Jackson, has renewed his efforts to challenge the estate’s executors. This latest development serves as a reminder of the importance of including a “no contest” clause in your estate plan to discourage potential litigation and minimize the risk of prolonged family disputes. What is a “No Contest” Clause? A “no contest” clause, also known as an “in terrorem” clause, is a provision in a will or trust that threatens to disinherit any beneficiary who challenges the validity of the document or contests the distribution of ...
medicare
Elder Law

Will Democrats Pass Medicare Expansion?

Senate Democrats are exploring a sweeping $6 trillion budget reconciliation bill that would include a major expansion of Medicare, a long-time priority of progressive lawmakers.
prescriptions
Caregiving

How Do Seniors Get a Huge Discount on Prescriptions?

If you rely on prescription medications to stay healthy, Walmart is offering a new perk that could cut your costs.
trust
Asset Protection

Should a Trust Be a Component of My Estate Planning?

Do I need a trust in case something happens to me?
Medicaid
Elder Law Attorney

How Did COVID Push Medicaid to Record Enrollment?

A record 80.5 million Americans have health coverage through Medicaid or the Children's Health Insurance Program, largely because states have had to keep people enrolled during the coronavirus pandemic, according to new federal data released Monday.
guardianship
Elder Abuse

Michigan Proposes Reform to State Guardianship Laws

Michigan Supreme Court Justice Megan K. Cavanaugh, Michigan Attorney General Dana Nessel and a bipartisan group of state lawmakers announced legislation to reform state guardianship laws, following decades of criticism by families and elder advocates.
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Advance Directive

Will My Children Pay Taxes, If I Give Them My Home?

My house is in my mother-in-law’s name, and it is paid off. We pay all of the bills. She wants to take her name off and put it into my name and my husband’s name.
bank
Estate Planning

Should You Add Someone to Your Bank Account?

I know of someone who was joint account holder with his dad for many years, then later his dad then appointed him as power of attorney. How does that work? Is the son still a joint account holder?
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