Takeaways Your estate plan should be updated regularly, particularly after major life events (e.g., marriage, divorce, birth of a child, death of a loved one), significant financial changes (e.g., increase or decrease in wealth, real estate transactions), or other notable…
Ensuring Your Elder Law Attorney Understands Medicaid Planning | Takeaways Working with an experienced elder law attorney who understands Medicaid Planning is crucial for long-term care planning and applications. Red flags indicating an attorney’s inexperience include a lack of specific…
Takeaways The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, significantly impacts estate and financial planning. The federal estate, gift, and generation-skipping transfer tax exemptions will rise to $15 million per individual starting in 2026.…
Key Takeaways on Updating Your Estate Plan Regularly reviewing and updating your estate plan is essential to ensure your money, property, and health care preferences are managed and distributed as you wish. Life changes such as marriage, divorce, birth, or…
Talking about death—especially one’s own—is a subject many avoid. However, avoiding end-of-life conversations can cause confusion, stress, and unmet wishes for you and your loved ones. According to AARP, 85% of adults over 45 feel comfortable discussing end-of-life issues, yet…
Key Takeaways: Using a Deed to Transfer Property at Death Using a deed can help your heirs avoid probate court delays and expenses. However, deed transfers offer less control, no creditor protection, and no support if you become incapacitated. A…
Most of us spend little time thinking about death or losing the capacity to manage our own affairs. These are unpleasant topics and banishing them from our minds is easier than entertaining them. Death, however, is inevitable and becoming incapacitated…
Financial stress is one of the leading causes of anxiety and sleep loss for many Americans today. Uncertainty about the future, money worries, and lack of clear plans for your assets can take a heavy toll on both mental and…
Tax avoidance strategies are essential for protecting your heirs from excessive taxation during wealth transfer. However, it’s critical to implement these strategies carefully and legally to avoid crossing into tax evasion, which is unlawful and carries severe penalties. By leveraging…
Individuals with special needs can benefit from various federal government programs designed to provide essential support. These programs are crucial for parents and guardians caring for loved ones with disabilities. Research shows that parents raising children with special needs require…