I Don’t Have an Estate So Why Do I Need an Estate Plan?

You don’t need to have a summer house in the Hamptons, expensive cars and art to consider yourself the owner of an estate. If you own anything, you have “estate” as far as the law is concerned.  An “Estate” makes on think of expansive country properties, expensive cars, or other symbols of high wealth but for the purposes of estate planning law, the term “estate” covers a whole lot more. What constitutes as an Read More

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Take Control

Estate Planning - Protect Yourself and Your Loved Ones Everyone has all been affected by the coronavirus in some way, even if completely healthy. You may feel like your circumstances are spinning out of control but you are not powerless. There are steps you can take now to protect yourself and your family both physically and financially. First, we you can do your part to prevent the spread of the virus by being Read More

Are Payable-On-Death Accounts Right For You?

A payable-on-death account, also called a POD account, is a common way to keep bank and investment accounts out of probate, the court-supervised process that oversees distributing a deceased person’s property. Most people want to avoid their estate going through probate because their heirs will receive the inheritance faster, privately, and at lower cost. Is a POD account an appropriate solution for your needs? Read More

How to Choose a Guardian for Yourself

Every day we make hundreds of decisions from what to eat for breakfast to where we go on vacation. With each passing day, there are more choices to be made. But, what will happen if you can’t make decisions for yourself? Before that time comes, there is one important decision you need to make. Who do you want to serve as your guardian? For those of you who have had your estate planning recently done or reviewed, Read More

3 Things You Must Do Once Your Divorce is Final

The divorce process can be long and expensive. However, the work does not end once the divorce decree is signed. In order to ensure that your assets and estate planning wishes are carried out in light of this major life change, there are three things you must do as soon as possible. Change Beneficiary Designation On Life Insurance A life insurance policy is a contract between you and the insurance company. You Read More