Be Aware of How Your Assets are Titled When Using A Will For Your Estate Plan By M. Keywood Deese If you and your spouse are using a Last Will and Testament as the cornerstone […]
Courtesy Goldberg Law Center Contrary to popular belief, an effective estate plan is not a simple, one–time event. It is a complex and ever-changing process that involves several areas of law. Additionally, the participants involved […]
A common reaction people have after finishing their estate plan is “Phew, I’m glad that is done!” They then put it on the shelf, in a safe deposit box, or in a safe at home and promptly forget about it for the next 20 years. Unfortunately, that could lead to problems. Why? Because your estate plan was created with your lawyer (you didn’t try to do it yourself, did you?), and it handled your then-current family’s situation and addressed current laws. But the fact is, your plan may not work a year from now if your health changes, the law changes, your family changes, or your “stuff” changes. You cannot just “fire and forget,” you really need to make sure your plan stays up to date, so that it will work when you need it. […]
Set Your Plan in Motion
By: Ronald Ward, Jr., Northshore LIVING WELL Magazine
Planning can be an enjoyable activity. When planning a trip, we often read books, magazines, and internet articles about our destination. Where will we stay? What will we eat? How will we get there? How long will we stay? Admittedly, retirement planning is less enjoyable for most people than planning a trip to Europe. Even so, this planning should bring you peace of mind. By eliminating the unknown and embracing a plan, our human nature finds comfort in moving toward our goal if we have an estate plan. […]
“How do I know if I need to update my Estate Plan?”
By Frank J. Danzo, III, Esq. and Marco D. Chayet, Esq., Chayet & Danzo, LLC
1. You or a close family member are over age 45
If you or a close family member are older than age 45, you may not be able to make decisions on behalf of yourself or the family member unless you plan ahead. […]
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