As the opportunity for international travel increases and becomes more affordable and corporations become more globalized, families have become more diversified both in terms of their country of origin and their composition. Spouses from different countries can retain their country-of-origin citizenship. Families may split time between two countries so children can learn and immerse themselves […]
Read More
Mary and George have been married for the last 50 years. George has managed the financial affairs for the couple throughout their marriage. George has recently been in a serious auto accident that has left him incapacitated. Mary has an appointment scheduled with a new estate planning attorney as she wants his help going over […]
Read More
Owning property as Joint Tenants with Right of Survivorship is easy, common, and often disastrous. Sadly, children – both minor and adult – are often disinherited. While there are several forms of joint ownership, the one most people use (and the one considered in this discussion) is called “Joint Ownership with Right of Survivorship.” When […]
Read More
Almost all would agree that 2020 was a year like no other. The lockdowns and the relentless barrage of news about COVID-19, the death rate, and problems with health care made even the most optimistic pause to consider their own mortality. Estate planners reported that an escalating number of new clients and clients they had […]
Read More
Marta and Don have been married for almost thirty years. Marta was born in Canada and immigrated to the U.S. with her family when she was a teenager. She has maintained dual citizenship and owns property in both Canada and the U.S. Any U.S. citizen who has dual citizenship should be aware of the complex […]
Read More
Mary’s widowed father, John, is a world traveler. He has circled the globe many times as V.P. of marketing for a major technology firm. Now retired, John travels a minimum of eight months of the year. John has heart disease and wants to see and do everything he can while still physically able. Mary worries […]
Read More
Larry and Janae are newly married with four children between them. Janae lost her spouse to cancer two years ago. Before Larry and Janae married, Janae and her two children lived in their family home. Since getting married, Larry and Janae and all four children live in the home owned by Larry and his previous […]
Read More
Mary and her mother, Louise, have just met with Louise’s estate attorney. Louise wanted to update her living will (advanced directives) and healthcare power of attorney. Louise has not updated these documents in thirty years, and her wishes have changed. She plans to move into an assisted living facility within the next six months and […]
Read More
When snowbirds start feeling cooler weather, they hit the road and head south. If you’re traveling with the flock, keep these “estate planning for snowbirds” considerations in mind as you pack your things. What is happening in your destination state? We are still in the midst of a pandemic, so check-in and do some research […]
Read More
According to the National Center for Education Statistics, in the 2018–2019 academic year, the average tuition and fees for a public four-year institution were $9,200; $35,800 for a private nonprofit four-year institution; $3,700 for a public two-year institution; and $18,400 for a private nonprofit two-year institution. If you’re saving for school to pay tuition for […]
Read More
(855) 528-9637