It just makes sense. You’re married and you want to provide for your spouse after you pass. Logic suggests that the best way to ensure that your spouse is provided for is to leave everything to them through your Will. It should just be a simple matter of stating in...
ELG Estate Planning Blog
“I Love You” Wills
The “Thanksgiving Talk”
The holiday season is right around the corner! With the family gathered, conversations of the future may arise. Your Estate Plan is something that may not be easy to discuss with your loved ones, but this conversation is often necessary. Last month, we discussed some...
What is Asset Protection?
Asset protection estate planning is important for anyone. This process allows you to put your affairs in order so you know that your surviving spouse and family will be taken care of after your death. Allow our experienced elder law attorneys to give you peace of mind...
What Can an Elder Law Attorney Do For Me?
The goals and interests of each client are different. This means that no estate plan is the same at our law office. At Elder Law Group PLLC, our elder law attorney offers thorough and specialized counsel for your social, financial, and legal needs. We can help you...
5 More Surprisingly Common Estate Planning Mistakes
To start off the month, we want to give you five more surprisingly common Estate Planning mistakes that, unfortunately, we see too often.
How to select your Power of Attorney
You probably have put a lot of thought and effort over the years into protecting your hard-earned money so it will be there when you need it. It only makes sense to put as much thought into selecting a trusted individual to make decisions for you if you become unable...
How Gifts Can Affect Medicaid Eligibility
What are Medicaid's Gifting Rules? Under Medicaid law, if you gift assets within five years before applying for Long-Term Care benefits, you will be ineligible for a period of time (called a transfer penalty), depending on how much you give away. While federal tax...
Is it Time to Review your Estate Planning Documents?
If you are over the age of 60 and you haven't updated your Estate Plan in many years, it's almost certain that you need to update your documents. After that, you should review your plan every five years or so. In case of a crisis . . . Everyone needs a Durable Power...
The Hazards of Online Legal Forms
The internet can be a wonderful resource for all kinds of information. Use of legal documents, unfortunately, is not one of them. Free online forms that create your Estate Plan might sound enticing, but they will cost you. Bad planning means court involvement,...
Estate Planning Tools – Pay on Death / Transfer on Death
What does Transfer on Death mean and how does it work as an Estate Planning tool?