Do Middle Class People Set Up Trust Funds?

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...]

Critter Corner: Protecting Our Daughter’s Inheritance If She Gets Divorced

Dear Magic, Our daughter got married a couple years ago, but she doesn’t seem happy. Her husband goes out a lot, drinks too much, and gambles regularly. He also spends nearly every dollar he brings in. We have a sizable … [Read more...]

Critter Corner: Are Teachers and Other Frontline Workers Rushing to Do Estate Planning?

Dear Ernie and Jannette, I recently saw in many publications, including CNN and Newsweek, that teachers and other frontline workers (including dental hygienists, flight attendants, and others) are rushing to do estate planning. … [Read more...]

How Having a Special Needs Loved One Affects Estate Planning and Retirement Planning

Q. Our daughter, Sophie, has an Autism Spectrum Disorder (ASD). She is verbal, but needs lots of help academically and with her social skills. She may not be able to live independently when she becomes an adult. When it comes to … [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...]

One Vital Step This Doctor Wishes Everyone Would Take

Q. A few years ago, when we first got married, my husband, Logan, and I decided to paint the living room in our new home. It sounded like a great idea at the time, but we didn’t get very far. We ended up hiring someone, but kept … [Read more...]

Critter Corner: How Docubank is Protecting Our Clients During the COVID-19 Pandemic

Dear Magic, I read Mr. Farr's recent article about the importance of estate planning and incapacity planning during the Coronavirus pandemic. I’m convinced that it’s certainly wise to do my planning now. One thing I’m concerned … [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...]

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...]