One of the common statements I hear from clients is this: “I just need a simple will”. I hear it all the time. According to legal blogger, Katya Sverdlow, ninety percent (90%) of the people who say, “I just need a simple will,” are wrong. I am not sure about the percentage, but I know…
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One of the newest trends in divorce litigation is the actual avoidance of litigation. This is accomplished through a wide variety of methods, including mediation with a trained mediator or the parties just simply sitting down to work out their own divorce. One issue with either of these methods is the couple may lack sufficient…
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One of the most common questions, and an area of much misunderstanding, involves the difference between a Trust and a Will. I have not addressed the subject in some time, so doing so again seems appropriate. I will begin with an explanation of Wills since people seem to have a better idea of the concept…
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When it comes to protecting your family and loved ones, most parents will do whatever it takes to support their future. Especially during these uncertain times, families and couples are facing tremendous challenges when it comes to their health, mental well-being, relationship, and financial security. If you are a new parent, single parent, or a…
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Are you thinking about starting a business? If you’re going to run your business from your own home, you might feel cramped by the lack of space. For some entrepreneurs, relocating can be a boon for business. Once you settle in, you’ll see why investing in a larger home can be beneficial. These tips will…
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Many businesses throughout the United States have been reopening after months of lockdown intended to limit the spread of COVID-19. Over the past few months, a large portion of these businesses have implemented precautions to combat the spread. A question that still remains, is if these precautions are actually working or not. Several experts are…
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Anyone who is thinking about estate planning thinks (or should be thinking) about probate. Probate is the term that generally describes the administration of an estate of a deceased person. Probate is also the process for administrating the estate of a deceased person that is established in the State Probate Act. That process is handled…
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When a people file for bankruptcy, they are required to include all debts, regardless of the amount of money owed, to whom it is owed, and regardless whether the property securing the debt is needed for their livelihood. But, what if the debtor wants to keep possession of the property securing the debt? In those…
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Most people help their children when their children need help, even when they are adults. Sometimes that means making “loans” to them. You should think about how to handle gifts or loans to children in a Will or Trust. Your family will thank you for it! Imagine that your son’s car breaks down, and he…
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Trusts are very robust and handy estate planning tools. If you are not familiar with trusts, perhaps you should read some articles that explain what trusts are (See Trusts Compared to Corporations; The Benefits of Living Trusts; and Avoiding Probate is a Matter of Trust) Even if you are familiar with trusts, the difference between…
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