Let me just say this… No. Do not add your kids to your deed. …Unless…(I am a lawyer after all) There are few questions in law with a pretty definitive answer. But this is one. Let’s start with the hard and fast rule of “Don’t add your kids to your deed.” Here’s why. Adding […]
Shortly after the beginning of the pandemic, I noticed a dramatic increase in the number of business inquiries coming into the law firm. It seemed like people who had been able to put their estate planning repeatedly on the back burner could no longer bring themselves to do so. Too many people were dying, and […]
Picture this scenario…
You’ve worked hard, saved and managed to accumulate some wealth.
You’re not a robber baron by any means but you’re comfortable. Your siblings haven’t fared as well and you want to make sure that their children have the benefit of a solid higher education. With no children of your own, it seems the right thing to do.
What does this have to do with estate planning?
Nothing. I just like it.
So you set up 529 college education savings plans for your nieces and nephews, make them the beneficiaries, and mention everything in your will.
Recently, a post on Facebook by a young mom who simply wanted to be of help to people in encouraging them to get their estate planning in order went viral. As of this morning, July 6, 2022, the post, purporting to show people how to do a DIY estate plan had over 69,000 shares with […]
Folks. I hate to break it to you. If you’re calling around frantically looking for an estate planner, you’re too late. Every time I get a call from someone looking for an attorney who can respond that day or even that week, someone is screwed—either the person in need or their family. There is no […]