Category: Estate Planning

Paying back or paying forward?

I was in Court yesterday morning and I genuinely had the opportunity to introduce two professionals. I met my client’s daughter who is a psychologist involved with dependency cases. I also met my opposing counsel who is a Board Certified Juvenile attorney dealing with…

Happy Valentine’s Day!

Is Valentine’s Day a day of Roses and Chocolate and expensive gifts? Is it a day of dining out (and making lines for that matter)? It is for many. To me, Valentine’s day is a reminder of the power of Love in the whole…

Why Involve your Financial Advisor, Attorney, and Accountant at Your Family Meeting?

Some people might have misgivings about having a third-party advisor present at an otherwise private family gathering, and it is certainly not a mandatory step. However, you might want to consider inviting your financial advisor, estate planning attorney, or accountant to the meeting for…

What should you discuss at the family meeting?

Once you’ve committed to discussing your estate planning with your family, what should you share specifically? Should you detail the entire plan with them, or just an outline of it? Should you go into detail about who gets what? The specifics of what should…

Tips for a successful estate planning family meeting

When you hold your family meeting, a bit of awkwardness is to be expected at first—after all, no one in your family (presumably) is likely eager to discuss what will happen when you die or in the event of incapacity. Remind everyone that is…

Why You Shall Talk to Your Family over the Holidays about Your Estate Plan

We work hard and build up assets and we are strong in the fight for causes that matter to us. It is very fulfilling to know that we can share our wealth and our legacy with our family. It is impossible to plan for…

Do you Have a Guardian for Incapacity? Factors to Consider when naming a guardian or guardians for incapacity

As we mentioned before, having guardians named for the event of incapacity is a very important task if you want to avoid a court process (a guardianship) and an stranger making decisions over yourself and your assets.  It is easy just to throw names out…

Do you have a Guardian for Incapacity?

A common misconception is that estate planning equates to death planning.  But planning for what happens after you die is only one piece of the estate planning puzzle.  It is just as important to make a plan for what happens if you become mentally…

Estate Planning? For what?

The view of a peaceful beach with white sands and and bushes in the background.

Estate planning? I am not rich!  Estate planning? I am not going to die! Have you said that yourself many times? Yes, I know. I have said it too. It was not until my daughter was born that I really understood the importance and…

Will v. Trust. Who wins?

So what does a Trust do that a Will does not? Below are some of the main differences:  Planning for incapacity – Wills have nothing to do with incapacity.  Will based plans must rely on a durable power of attorney or a guardianship proceeding…