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A Living Will and Its Importance

A Living Will and Its Importance

A living will describe your preferences for life-sustaining medical treatment. Oftentimes, it is accompanied by a health-care proxy or power of attorney, which allows someone to make treatment decisions for you if you become incapacitated and the living won’t contain…

Incorporating Cryptocurrency into Your Estate Plan

Incorporating Cryptocurrency into Your Estate Plan

  When it comes to digital assets, traditional estate planning elements are largely obsolete. In the form of cryptocurrencies like Bitcoin and non-currency blockchain tokens, crypto-assets might represent significant individual wealth. If you have any of these asset classes, taking…

It’s Time To Do Your Estate Plan!

It’s Time To Do Your Estate Plan!

One important new year’s resolution that needs to be kept is to visit your elder-law attorney, so that your estate plan is in order. This pandemic is not done with us yet, unfortunately. Obviously, we wish you well, but if…

2022: Long-Term Care Options

2022: Long-Term Care Options

  In this new year, it is more critical than ever to take stock of your life and your health care planning. We continue to respond to the ever-present threat of COVID-19 in its many iterations, and we identify what…

How Creditors Can Disrupt Probate Proceedings

How Creditors Can Disrupt Probate Proceedings

Typically, a will appoints a representative (executor) to publish the date of death of the testator in a local newspaper. If the decedent owes a debt to creditors, this information serves as a notice to them. Personal representatives must also…

Why You Should Have a Will

Why You Should Have a Will

  During the past year, the number of Americans with a will has only increased by 2.5 percent, according to a survey by Caring.com. Globally, the percentage of individuals with a will continues to decline, falling from 42 percent in…

The Creditors and the Probate

The Creditors and the Probate

  A legal approach to avoiding probate is an excellent way to minimize taxes, keep your estate private, and avoid having to seek court approval at every stage. Time, frustration, and, in many cases, significant court and attorney fees can…

Long-Term Care Financing

Long-Term Care Financing

  According to findings from research conducted by Genworth, the US Department of Health and Human Services estimates that 70% of Americans will need some sort of long-term care (LTC). The median annual cost of these services in 2020 is…

What Happens If a Beneficiary Dies?

What Happens If a Beneficiary Dies?

  What happens to your inheritance if your beneficiary is no longer alive? If you leave the property to your brother Jim, but he dies before you, will his children inherit the property? That depends on whether your will expresses…

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