As of right now, 10.2 million American have tested positive for COVID-19, a virus that has also taken the lives of over 200,000 U.S. citizens. When we discussed COVID-19 and estate planning before today, no one knew how important it would still be to explain, in clear and concise detail, why planning your estate — by putting a will, trust, or other documentation in place before your demise — is more important now than ever before in our lifetime.… Read more
By now many have read some recent news about Taylor Simone Ledward, wife of Chadwick Boseman, the Black Panther star who suddenly passed away in August due to terminal cancer. According to reports, Ledward filed to become the administer of the Boseman estate, which includes property that is currently listed as “personal property” potentially totaling over $900,000.… Read more
Losing a relative and dealing with family conflict can be emotionally and financially draining. It is to forestall the possibility of internal squabbles after their passing that clients are advised to put in place a ‘quarrel-proof’ estate plan.
But, let’s say that this is no longer possible as your relative has passed and there is intra-family conflict over asset distribution. … Read more
Many people aren’t really in the market for a new car, a new home, or a swanky getaway to Greece right now. However, when the interest is strong enough, we often turn what we want into a reality. Even when the times do not seem like they’re on our side, we consider our options and we tend to make things we want happen.… Read more
It might not be immediately clear to many young people why they need to plan their estates, but they should.
It does not take a sociology PhD to realize that younger generations are leading considerably different lives from those of their forebears.… Read more
Family caregivers – typically a close family member providing support for an elderly or ill senior – often find themselves overwhelmed task of caring for their loved one, while working to make their final years as peaceful and enjoyable as possible.… Read more