What is a Third-Party Special Needs Trust?

What is a Third-Party Special Needs Trust (SNT)? A Third-Party SNT is an estate planning tool that helps provide a quality of life. Often family members desire a way to provide for a child with a disability.  Parents with  child who has a disability should consider taking an extra step in estate planning and think about setting up a third-party special needs trust for your child. Why Consider the Third-Party Read More

What Happens to My Child If I Die?

What Happens to My Child If I Die? As a parent, it is difficult to think of someone who can raise our children in our place. Yet, planning for guardianship of a child is one of the most important decisions a parent can make. If a parent does not have a parent guardianship plan in place, the State has a plan. How do you make a plan? What is Guardianship? Guardianship of Minors is different than Guardianship of an Read More

Estate Planning Myths

 There are times when people seek legal   counsel for what they perceive is the easiest   or cheapest form of estate planning.  I   receive calls from older parents who  consider just adding  children to bank accounts. Myths about Last Wills and Testaments and estate planning exists and needs addressing.   MYTH #1 NO NEED FOR A WILL One of the most dangerous misconceptions is the myth that estate planning exists only Read More

Personal Injury and Special Needs

What happens if a person with special needs is injured?  What happens when that person receives a settlement and is on government benefits?  When should a person consider a First-Party Special Needs Trust? Estate Planning is especially important when the loved one relies on access to state services or government benefits.  Government Benefits People with disabilities who receive Supplemental Security Income (SSI)  Read More

Elder Law and Medicaid Planning

What is the role of Medicaid Planning in Elder Law? Often Adult Children of aging parents walk into my conference room concerned  about their parents' financial health care expenses, long-term care needs, mental capacity, and a lack of financial resources. Adult children want solutions. Every family circumstance is different. Often, the solution involves Medicaid pre-planning or a crisis plan. Let’s review the role Read More

Seniors and an Estate Plan

Seniors Need An Estate Plan Why do Seniors need an estate plan? Seniors require extra elder care in estate planning. Seniors lacking appropriate estate planning hinders the spouse and family’s inability to provide necessary support and to navigate major changes in life.Recently a family scrambled to care for an aging father with an onset of dementia and a mother with progressed dementia.  There is no estate plan, no Read More

Co-Parenting and Holidays

Co-Parenting and Holidays are challenging. The holiday season is right around the corner. There is a wonderful opportunity to connect and to create new memories. However, for divorced parents, the holiday season is a time of added stress and increased strife. To avoid negative holidays, here’s some tips for co-parenting and visitation schedules. Co-Parenting Holiday Success Divorced parents need a visitation Read More

Veterans and Estate Planning

In November, we honor the men and women who serve or served in our Armed Forces. Men and Women serving in our military make daily sacrifices to protect and defend freedoms we often take for granted.  As a daughter of a veteran who grew up around the military, I give back to our veterans.  This blog provides information for our Military Veterans and Estate Planning and benefits such as Aid and Attendance, Long-Term Read More

Violence against Senior Women

October is Awareness  about Violence Against Women (VAW).  The toll of “fight or flight” and staying in survival mode is not a lifestyle choice but one victims endure usually at the hands of a trusted Partner.  It is a difficult  situation and often causes permanent physical and psychological scars. Today, I want to shed light on a less obvious group of victimized women: Senior Women. One in ten Read More

Irrevocable Life Insurance Trusts (ILIT)

ILIT-Advanced Estate Planning In today’s blog post, I will take a closer look at one of the more “advanced” estate planning tools: the Irrevocable Life Insurance Trust (ILIT). Trusts are financial instruments which allow a person to organize his or her assets and property in a certain way to achieve personal goals. For instance, you may want a plan that provides tax benefits, asset protection, or ensure speedy and Read More