Providing for Your Parents in Your Estate Plan

If you are part of the baby boomer generation (born between 1946 and 1964), you may also find that you are a member of the sandwich generation, with responsibilities to both your parents (now or in the future) and your children. This should change the way you think about estate planning–instead of the traditional approach […]

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Which Type of Trust is Right for Me?

Trusts can be a great way to update an estate plan, whether within a will or as a separate estate-planning tool. Trusts have a reputation for being something that most people don’t have to worry about, with most seeing a trust as a vehicle for the ultra-rich to protect their assets from taxes and other […]

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Are Trusts a Good Idea?

To some estate planning attorneys, trusts are the default option. Their wealthy clients generally pass assets to heirs that way. Trusts can keep inherited wealth safe; assets left outright to individuals may be vulnerable to estate tax and divorce and creditors and scam artists. That said, trusts might not always be the best choice for […]

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When Should I Think about a Trust?

While families are working on their financial plan, saving for retirement, buying a new house, or updating their insurance policies, all too often, estate planning is put on the back burner. Just as life happens, so does death. An unexpected death can result in a situation where the estate plan in place does not apply […]

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Estate Planning Lessons in the Death of Whitney Houston’s Daughter

Bobbi Kristina Brown’s tragic death offers a number of poignant end-of-life lessons for parents, young adults, and seniors alike. First and foremost, health and legal experts say Brown’s death spotlights the need for establishing written advance medical directives as early as age 18. These include the designation of a healthcare proxy, a living will, and […]

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