FAQs About Wills
A holographic Will is a handwritten Will. And there have been some strange ones. For example, can you imagine writing your will on your bedroom wall? How…
Estate Planning, Questions About Estate Tax
Under our nation’s federal tax regulations, it is the person making a gift (the donor) who is responsible for any federal gift tax that is due. The…
Uncategorized
An Irrevocable Life Insurance Trust, or “ILIT” is an irrevocable trust that own life insurance. Historically, Americans have used ILITs as a vehicle to make gifts to beneficiaries…
FAQs About Trusts, Trusts
When I tell some of my clients they should consider Crummey Trusts for their beneficiaries, there is typically an awkward pause. “Why would I want to create…
FAQs About Powers of Attorney and Directives, Incapacity
Most of the time, Directive to Physicians are signed by patients who do not want their lives prolonged by life-sustaining treatments; however, sometimes the situation is reversed. For…
Choosing a Guardian
The thing that drives most young parents to plan to make a will is not their stuff, but who will take care of our minor children if…
Uncategorized, Wacky Wills, Wills
Last July, I stumbled upon an ancient Will while visiting the Ashmolean Museum in Oxford. As an estate planning lawyer, I was delighted. Will of Naunakhte The Will, written…
The part of estate planning that most parents struggle with is naming a guardian for their children. For some parents, the process of selecting a guardian is…
Financial Powers of Attorney
Generally, you can amend your durable power of attorney by signing a new durable power of attorney. You also have the right to revoke or terminate your durable…
FAQs About Probate
If you have inherited a house with a mortgage, you may be wondering what your options are. This is especially the case in light of today’s high…