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...]
Leaving a Legacy for Your Children and Grandchildren
Dear Raider, I read Mr. Farr’s article about things to leave and not to leave your children and grandchildren this past Tuesday. Nothing was mentioned about leaving a legacy. I remember Legacy Stories used to be a service that … [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...]
Getting Remarried? What to Discuss and Plan Before Walking Down the Aisle
Q. I have been a widower for six years and recently found love again. I asked her to marry me and she accepted. This is new to me, as I had been with my late wife for forty years and then on my own again until recently. What are … [Read more...]
Problems with Beneficiary Designations Part 3 — Usually They Take Precedence Over Your Estate Planning Documents, But Sometimes They Don’t
Note: This article is Part 3 in a series on the Problems with Beneficiary Designations. Links for the prior two articles are below and at the bottom of this article. Please click here to read Part 1 and please click here to … [Read more...]
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