Q. My mother is considering setting up trust funds for her grandchildren, hoping to give them a solid head start on adulthood when the time comes. She would like to provide them with guaranteed financial security later in life and … [Read more...]
Help Me Get Rid of This Timeshare Please!
Q. My aunt Helen left me a timeshare thinking she was doing me a favor. She always said I should travel more often, since I rarely go anywhere. Now, I have this timeshare and I still don’t travel (I’m a homebody, and that will … [Read more...]
The Top 19 Weird Will Requests
The COVID-19 crisis has caused many Americans to contemplate their mortality. The pandemic has prompted people to think more about what to do if they become infected. And for many of these people, that includes thinking about … [Read more...]
If You Needed a Ventilator, Would You Really Want One?
Q. My niece, Rebecca, was hospitalized with coronavirus last month and was placed on a ventilator. When her temperature was quite high and her oxygen levels were low and she needed life-saving measures, she didn’t have an advance … [Read more...]
Why Estate Planning is Even More Important During a Pandemic (Part 1 of a 3-part Series)
As Millie sits in her kitchen homeschooling her children, she realizes that she really doesn’t remember much of the math she learned in 5th grade. During a break, she turns on the television and a news brief flashes on the screen … [Read more...]
Easing Tax Time for Seniors
Erin loves the winter season in the DC area. She enjoys the brisk weather and the beauty that surrounds her, especially when the ground and the trees are covered with a light dusting of snow. She celebrates three of her … [Read more...]
What Happens to the Tangible “Stuff” from a Parent’s Estate?
Sophie and her sister and two brothers grew up in a large home with lots of stuff. Their mother, Nancy, liked the finer things in life including Oriental rugs, artwork, fine jewelry, antiques, and collectible coins. Nancy and her … [Read more...]
Avoid Disaster: Update Your Estate Planning Documents in Light of New SECURE Act Provision
Q. I completed my estate planning with your firm five years ago and elected to have my retirement plans pass into a “conduit trust” or “pass-through trust” for the benefit of my daughter, Hannah. My understanding was that the … [Read more...]
When the Inheritance You Left Isn’t Wanted
Janet Reno, the nation's first-ever female attorney general, died a little over three years ago (on November 7, 2016) following a long battle with Parkinson's disease. Ms. Reno was born and raised in a small cottage home her … [Read more...]
Getting Loved Ones the End-of-life Care They Deserve
Q. My mother is in her 80’s and has been in the hospital several times this year with pneumonia and urinary tract infections and has been suffering with Parkinson’s for decades. There have been times when I’ve visited her and a … [Read more...]
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