With couples of similar ages, planning for the future is quite naturally a joint effort. However, if you’re married to somebody who is considerably older or younger than you, the future will look different and mean various things to each of you. You wish to possess comprehensive money and estate plans to shield yourself, your […]
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NFTs has exploded over the last year or so, which prompts many questions. Of course, skeptical people just shake their heads and ask, “why”? But, the huge rise in sales of NFTs makes most people genuinely question what they are and wonder whether they may be missing out on an enormous opportunity. An NFT is […]
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Estate Planning is something everyone, not just the wealthy ones, should do. Without a legal, defined plan in place, you’re leaving your entire legacy in the hands of the courts. Estate Plans come in many shapes and sizes, but if there’s one thing we know, it’s that the process is definitely not one-size-fits-all. It’s easy […]
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A transfer-on-death-deed (TOD deed) also known as a beneficiary deed can be a helpful estate planning tool but it is not allowed in every state. A transfer -on-death deed lets you transfer your property to your beneficiary upon your death (as long as you still own it) without going through probate. Like a living trust, you […]
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Why is estate planning important? Probably you are wondering. If i don’t have my estate plan, won’t my spouse and children get my assets anyway? The answer is yes, they will get your assets , but they may not get them how you want,when you want, in a way that you would want The estate […]
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HOW STRONG IS A HANDWRITTEN WILL? When Aretha Franklin, passed away in 2018, her family and lawyer initially thought she had died without a will.But in early 2020, three handwritten wills were found in Franklin’s home in Detroit. Two from 2010 were locked in a cabinet and one from 2014 was found hidden under a […]
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Most people want to avoid probate court and look for legal strategies that will allow them to pass their money and property from one generation to the next without going to probate court. But, is there ever a time when probate court is the best option? What exactly is probate court? Probate court is a […]
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As of July 1, 2021, college athletes can profit from their name, image, and likeness (NIL). The National Collegiate Athletic Association (NCAA) policy allows college athletes and recruits to make money from endorsements, autograph signing, and personal appearances as long as they follow applicable state laws. The NCAA has long been criticized for its ability […]
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Jack and Leticia are establishing a trust. They would like to help their son, Jack Jr., through college but want to retain control of their financial help. Jack Jr. is not known for his financial aptitude. He regularly blows through his allowance and is caught short-handed when it is time to pay his bills. Jack […]
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Quincey and Jaide are meeting with their estate planning attorney. They are drafting their trust agreement. They are excited to take this important step towards ensuring financial security for their family. Writing the trust agreement is a formal statement that provides guidance on how they want their accounts and property distributed. Speaking of accounts and […]
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