In brief, one of the world’s richest power couples is divorced. The public eye watched to see how the Bill and Melinda Gates divorce unfolded. Sources say they did not have a prenuptial agreement (prenup) in place. It appears that they did have a postnup. That was used as a guide for the uncoupling process will...
Have you heard of SLATs? A Spousal Lifetime Access Trust (SLAT) is a type of trust for married couples that allows for one spouse to remove assets from the combined marital estate while preserving access to those assets for the other spouse during his or her lifetime. Let us take a closer look at SLATs and...
When your aging parent needs nursing home care, although it can be difficult, it may also come as a relief if you have struggled to provide the necessary care on your own and it just may not be enough anymore. Do you understand, however, the cost structure of nursing home care and how you can help...
Are Elder Law Medicaid Provisions in Your Estate Plan? When it comes to planning for nursing home care, do not go it alone. A qualified elder law attorney can help you choose wisely among the available options, ensure you understand what each option costs, and determine if steps can be taken to shield life savings from...
Is it uncommon for autistic children to receive large sums of money? Not really. Grandparents, parents, and other relatives may provide for them in their will or trust. They may also be the recipient of a payout from a lawsuit, such as a birth injury lawsuit. Are you aware, however, that if your autistic child receives...
In the early stages of Parkinson’s, families may often be able to care for a loved one at home. As Parkinson’s progresses, however, it can become more debilitating with increasing tremors and decreasing mobility, often requiring the use of a walker or wheelchair and unfortunately, sometimes leaving a person bedridden. With the loss of mobility, risk...
Have you considered DIY estate planning? Many people may believe that it is better to have a basic estate plan than no plan at all, whether it is based on an online template or completely DIY. DIY estate plans that are drafted without the right legal advice, however, can force a wide variety of unintended consequences....
Do you have a canine companion or other beloved pet? If so, you may worry about what will happen if you pass away before he or she does. This worry can be even more acute if you have a pet with a longer life expectancy, like a cat or a reptile. Rest assured that there may...
Have you or your loved one been diagnosed with dementia? If so, you may be concerned that you have let too much time go by and that it may be too late to engage in estate planning. Rest assured that this is likely not the case. Even if you have dementia, you may still be able...
A person who has been diagnosed with multiple sclerosis (MS), and the person’s family members, understand all too well the lengthy and stressful time it can take to get to a diagnosis of MS. As they work to accept the diagnosis, special-needs planning may be far from their mind. Did you know early planning can be...
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