Dear Hayek, Our son is heading to college for his sophomore year in a couple of weeks. Last year, I was worried about him adjusting socially and doing well academically. Now that I know he is happy there, has a nice group of … [Read more...]
Yes, Probate Really Is That Bad!
When Sheila’s mother died with only a Last Will and Testament (Will) in place, she couldn’t fathom that she would still be knee-deep in probate a year later without an end in sight. Sheila often tells her friends and anyone who … [Read more...]
Critter Corner: Simplifying Things for Your Heirs
Dear Kiwi and Mango, I am in the process of organizing my paperwork. I was thinking that I should put anything important that my children would need in one place, to make things easier if something should happen to me. Do you … [Read more...]
Say Goodbye to the Burdens of Timeshare Ownership
Q. I recently read in your article “Top Ten Things Your Children Want You to Leave Them and the Top Ten Things They Don’t Want” that the number one thing not to leave to a child or grandchild is a timeshare. You refer to a … [Read more...]
Top 10 Things Your Children Want You to Leave Them and the Top 10 Things They Don’t Want
When considering what to leave your children or grandchildren, many of you hope to pass on love, wisdom, financial abundance, and maybe a few precious family heirlooms. However, despite your best intentions, while there are some … [Read more...]
Comparing Financial Powers of Attorney: Badly Drafted DIY vs. Well-Drafted Documents
Q. My husband is a handy DIYer, and it has saved us lots money, in many instances. Now, he is insisting on doing our Estate Planning documents, including our Wills and our Financial Powers of Attorney, on his own. I am glad he … [Read more...]
Comparing Revocable Trusts to Irrevocable Trusts: What’s the Difference?
Q. My husband and I have decided to get our Estate Planning in order. We’ve determined that a trust is the way we should go when it comes to Estate Planning. The question is: should we consider a revocable living trust or an … [Read more...]
Does Estate Planning Include Financial Planning, and Should Your Estate Planning Attorney Also Be a Financial Planner?
When you go through the legal process of Estate Planning, this includes you deciding: (1) who you want to receive any real estate, savings/investments, tangible personal property, and other assets of yours after your death; (2) … [Read more...]
Critter Corner: Making Seniors Wishes Come True and Planning for Charitable Giving
Dear Hayek, Every year, I give to the Make-A-Wish Foundation, to help make dreams come true for children with critical illnesses. I heard there was a similar group for seniors and those in elder care facilities. What do you know … [Read more...]
Comparison of Elder Law Firms Based on the Size of the Firm
Q. My husband and I are looking for an estate planning attorney for us who is also a Medicaid planning lawyer that can help my mom and dad. We realized that some elder care planning attorneys in Fairfax, where we live, are … [Read more...]
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