A robust estate plan requires you to incorporate tools and strategies into your plan that go above and beyond what a Last Will and Testament or a trust can accomplish. The precise tools and strategies that you include in your plan will depend on your estate planning needs and goals. To give you an idea of how your plan might accomplish more than it currently is, the attorneys at Legacy Care Law Firm discuss estate planning beyond Will and trusts. Advanced Directives Planning for the … [Read more...] about Estate Planning Beyond Wills and Trusts
Navigating Special Needs within Your Estate Plan
Estate planning is a crucial step towards ensuring the smooth transfer of assets and wealth to loved ones after one's passing. When a family member has special needs, however, the stakes become higher, and the process more complex. Special needs planning within an estate plan requires careful consideration of legal, financial, and emotional factors to secure the well-being of the individual with special needs while preserving family assets and intentions. To help you better understand, the … [Read more...] about Navigating Special Needs within Your Estate Plan
What Everyone Needs to Know about Alzheimer’s Disease
Despite what many people believe, Alzheimer’s disease is not a newly discovered disease. In fact, Alzheimer’s was identified over a century ago. Advances in medicine that make diagnosing the disease easier coupled with the dramatic increase in the elderly population in the United States only makes it appear as though Alzheimer’s is more prevalent today than it was just a generation ago. Nevertheless, there is a strong possibility that you or someone you care about will develop Alzheimer’s at … [Read more...] about What Everyone Needs to Know about Alzheimer’s Disease
End-of-Life Planning Guide
Although we understand from an early age that death will eventually come to all of us, it can still be a difficult and emotionally exhausting topic to think about, much less discuss. Whether you recently received a terminal diagnosis or are simply approaching the age at which you know that the end of your life is not far away, end-of-life planning is important. To help you accomplish this important goal, the attorneys at Legacy Care Law Firm offer an end-of-life planning guide. Steps to … [Read more...] about End-of-Life Planning Guide
What to Focus on during Trust Administration
Given the numerous and varied objectives that can be furthered with a trust agreement, it should come as no surprise that many people include at least one in their comprehensive estate plan. While there are numerous types of trusts, including many that target very specialized goals, there are some elements that all trust agreements have in common, including the appointment of a Trustee. The Trustee’s overall job is to administer the trust. If you find yourself appointed to be the Trustee of a … [Read more...] about What to Focus on during Trust Administration
What Can I Do to Prevent a New Hampshire Will Contest?
Like most people, one of your primary motivations for executing a Last Will and Testament is to ensure that your assets will be passed down to the beneficiaries of your choosing after you pass away. With that goal in mind, you undoubtedly want to do everything possible to prevent someone from successfully challenging your Will after you are gone. Toward that end, the attorneys at Legacy Care Law Firm offer some suggestions that can help prevent a New Hampshire Will contest. What Are the … [Read more...] about What Can I Do to Prevent a New Hampshire Will Contest?
Massachusetts Guide to Contesting a Will
When a loved one passes away, most people go through a period of grieving that can last for weeks, months, or a lifetime. If you are currently grieving the loss of someone close to you, the last thing you may want to think about is the legal process of probating the decedent’s estate. Nevertheless, probate is typically initiated shortly after a death. If the decedent left behind a Last Will and Testament, you will likely be provided with a copy of that document. After reading the Will or … [Read more...] about Massachusetts Guide to Contesting a Will
Estate Planning with Entities
More and more families own property, assets, and businesses together. Using an entity to govern operations provides stability by allowing continued operation upon the death of an owner. When the governing agreement and estate planning documents of a deceased owner conflict, unintended, potentially litigious, results occur. Read on to learn more. … [Read more...] about Estate Planning with Entities
Ways to Transfer Property in Your New Hampshire Estate Plan
One of the many interrelated goals in the average estate plan is to ensure that estate assets are transferred to the intended beneficiaries either during your lifetime or at the time of your death. A well drafted estate plan will use a variety of estate planning tools and strategies to effectuate these transfers of property and assets. Because every estate is unique, it is incumbent on you to work closely with an experienced estate planning attorney to decide how to transfer your estate assets. … [Read more...] about Ways to Transfer Property in Your New Hampshire Estate Plan
What “Sue,” the Tyrannosaurus Rex Skeleton, Teaches us about Estate Planning
Some of my favorite blog topics come from headlines. In this week’s edition, we explore the fate of fortune that resulted from the 1990 discovery of a Tyrannosaurus Rex skeleton. The family made a modest fortune from the sale of the skeleton. In a tale as old as time, now that both the parents have died, the children are fighting over the family fortune. It’s unclear whether the fight itself or the fact it could have been avoided is more unfortunate. Read on to learn more. … [Read more...] about What “Sue,” the Tyrannosaurus Rex Skeleton, Teaches us about Estate Planning
