Articles

Estate planning and vacation home. Two Adirondack style chairs sitting on a wooden deck facing the shore. There is a large home in the background.

Important Questions to Ask When Investing in a Vacation Property

According to the National Association of Home Builders, in 2018 there were approximately 7.5 million second homes, making up 5.5 percent of the total number of homes.[1] These vacation property homes are not only real estate that must be planned for,… Read More
Asset protection shown by Close up of hands of woman protecting piggy bank for saving

Four Essential Strategies for Asset Protection

You might think that only the super wealthy need to worry about asset protection planning. But the truth is that if you don’t have millions, you may be at even greater risk. For instance, if you are a multi-millionaire, a $50,000 judgment against y… Read More
Categories: Uncategorized
Black Professional Rock Black Drum Kit, Blank Bottom Big Drum with Free Space for Your Design on a black background. 3d Rendering

When Rock Legends Pass Away: The Possible Fates of Meat Loaf’s $40 Million Estate

Meat Loaf, whose real name was Michael Lee Aday, passed away earlier this year at the age of seventy-four. The singer behind 1977’s Bat Out of Hell—one of the best-selling albums of all time—experienced ups and downs befitting his larger-than-l… Read More
Time to Update. Neon icon.

It's Not Set-It-and-Forget-It: When to Update an Estate Plan

As we all know, life happens. There is really nothing we can do about it. However, some of the most common life events can have a dramatic effect on your estate plan meaning you will occasionally need to update your estate plan. Because if you think… Read More
Categories: Estate Planning
Close up of assorted pills and prescriptions discussing what to do with controlled substances at death

Three Steps to Take When the Deceased Has Controlled Substances

There are so many things to think about when a loved one passes away. What to do with the prescription drugs (or other controlled substances) that are in your loved one’s medicine cabinet is not usually at the top of that list. Yet, to avoid runnin… Read More
Categories: Probate
senior couple with age gap drinking coffee

Estate Planning Considerations for Couples with an Age Gap

With couples of similar ages, planning for the future is naturally a joint effort. However, if you have a large age gap and are married to someone who is significantly older or younger than you, the future can look different and mean different things… Read More
Categories: Uncategorized
Mental illness and disorder concept. Head profile with of a healthy man and head profile with puzzle pieces falling apart.

Mental Health Considerations in Estate Planning

It is okay to not be okay. Removing the stigma of mental health starts with realizing that many people—about one in five of all US adults–are affected by mental illness. Understanding this fact can lead to more people getting the help they re… Read More
Categories: Estate Planning
Piggy bank with a graduation mortar board cap concept for the 529 plan and tuition

529 Plan Changes for the FAFSA Form and What It Means for Grandparents (and Grandaunts)

For grandparents who want to leave a legacy to their grandchildren (or grandaunts, such as myself, who wants to help out with the costs for grandnieces and grandnephews), the gift of a 529 college savings plan is an option. Not only can opening a 529… Read More
Deed To A House

Untangling Tangled Titles: Homeownership, Property Deeds, and Estate Planning

If you are currently living in a property that you inherited but the deed has not been transferred into your name, you may be surprised to learn that, under the law, you are technically not the owner. This legal situation is known as “tangled title… Read More
Categories: Probate
Group of piggy banks covered by hands

The Common Trust: Providing for All Your Children's Needs

Parents strive to make their children feel equally valued as reflected in the fact that, when setting up an estate plan, parents typically divide their accounts and property equally among their children. But while parents strive to treat their childr… Read More
Categories: Estate Planning