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  • Why Choose Us
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  • Practice Areas
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  • Understanding
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Author Archives: elderlaw

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Unlimited Marital Deduction

· How much property can I leave to my spouse without my estate having to pay federal estate tax? The federal estate tax law permits leaving an unlimited amount to…

July 28, 2016Estate Planning, LawBy elderlaw

The Fundamentals of Estate Planning

· What is an estate? There is a common misconception that “estates” are exclusive to multimillionaires. Most people do not realize what actually makes up an estate and only have…

July 28, 2016Estate PlanningBy elderlaw

Joint Revocable Living Trust

· What is a joint revocable living trust? A joint revocable living trust is a single trust created by a married couple that addresses each spouse’s wishes as to his…

July 25, 2016Estate Planning, Law, Living TrustBy elderlaw

Alternate Methods of Estate Planning

· Why can’t I just give my property away while I’m living? There are several reasons. First, by giving your property away, you give up control of your property. Regardless…

July 24, 2016Estate Planning, LawBy elderlaw

The Revocable Living Trust

What Is a Revocable Living Trust? “The revocable living trust is established by a written agreement or declaration that appoints a trustee to manage and administer the property of the…

July 24, 2016Estate Planning, Law, Living TrustBy elderlaw

Beneficiary Designation

· What is beneficiary-designation property? While you may have title to certain assets in your individual name, the very nature of an asset may dictate to whom it will be…

July 22, 2016Estate Planning, LawBy elderlaw

Living Wills

· What is a living will? A living will, or advanced medical directive, is a legal document which directs your physician to discontinue life-sustaining procedures if you are in a…

July 21, 2016Estate Planning, LawBy elderlaw

Wills

What is a will? A will is any written document in which the maker states his or her intention to devise or bequeath his or her real or personal property…

July 20, 2016Estate PlanningBy elderlaw

Creating a Revocable Living Trust

These are some general considerations for creating a revocable living trust · Should we discuss our estate plan with our children? This is a very delicate decision that will depend on…

July 19, 2016Estate Planning, Living TrustBy elderlaw

The Need For Proper Estate Planning

· What happens if I do no estate planning? All of us have planned our estates, whether we know it or not. If you do not have a will or…

July 17, 2016Estate Planning, Living TrustBy elderlaw
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