If you want your loved ones to be cared for after your passing, and be less annoyed than they are sad, then taking some important steps now to make sure your assets are distributed properly is a great idea.
Most people believe that once they’ve set up a will or living trust, their estate plan is complete. But here’s the truth: Legal documents alone don’t tell the full story.
The sandwich generation—adults caring for both aging parents and dependent children—must juggle emotional, financial and legal responsibilities all at once.
As estate planning attorneys, we at Frankel, Rubin, Klein, Payne & Pudlowski, P.C. have seen firsthand how difficult it can be for families to cope
Inheritances can certainly be life-altering events. However, they can cause challenge. Therefore, it is important to have your heirs prepared.
After a tragic accident, Nancy Cruzan’s family couldn’t make medical decisions for her and fought years-long court battles to help her situation. An advance care directive could have prevented Cruzan from living for seven years in a permanent vegetative state.
Some states have filial responsibility laws that let creditors turn to adult children for payment of their parents’ medical bills.
For some students, next semester means starting college, which may include leaving home for the first time.
Discussing estate planning with your aging parents is vital to protect their wishes. It can be a hard conversation to start. However, it’s still necessary.
Most people spend each phase of their lives preparing for the next one, whether it’s starting a family, buying their first home, or eventually retiring.
