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Equal is Equitable, Most of the Time

When it comes to deciding how to leave property to your children, the clearest choice is to divide everything into equal shares. That is the straightforward choice when all your children are doing equally well. But if not – if,…

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When is Medicaid crisis planning appropriate?

Medicaid is a joint federal and state program available to individuals who meet certain asset requirements that help them pay for long-term care (LTC) costs. Sudden necessity for long-term medical care often creates devastating financial impacts on unprepared Americans, especially…

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Contesting a Will

When a loved one dies with a will, their will lays out who shall receive their property, and which person (called the Executor) will be in charge of settling the estate. For many reasons, beneficiaries can feel slighted by what…

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Changing Your Health Care Directives in Light of COVID-19

The advent of the coronavirus pandemic forces each individual to assess their values and priorities, and overall health. The little COVID-19 clinical information relating to treatment options and likely outcomes based on personal health history should lead all of us…

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Why a Living Will is Important

A living will lays out your preferences for life-sustaining medical treatment.  It is often accompanied by a health-care proxy or power of attorney, which allows someone to make treatment decisions for you if you are incapacitated and the living will…

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Passing on Family Values as Part of an Inheritance

Successfully addressing and legally formalizing inheritance of family values and assets can be challenging, especially if parents wait too long to begin instilling family values. Undoubtedly the best time to teach and empower your children as eventual inheritors of your…

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What is the Probate Process?

Probate is the legal process for authenticating a deceased person's will, reviewing their assets, paying their outstanding debts and taxes, and distributing what remains to their inheritors / estate beneficiaries. After an asset-holder dies, the court will appoint a valid…

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Being a “Fiduciary”

You may be asked to be power of attorney for a family member or friend. Your person may be planning for when they might become unable to take care of their affairs. For example, they might become disabled or incapacitated,…

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