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I am not sure if mobile estate planning makes you think I am driving around playing music like an ice-cream truck, hoping to attract you by playing a recognizable song and offering a frozen treat. Or, perhaps mobile estate planning conjures up visions of a library bookmobile visiting your neighborhood, but that is not quite […]
Hey Mr. DJ, Pump Up The Plan
Hey Mr. DJ, Pump up the Plan! My father has an interesting hobby; he buys and fixes broken sound equipment. This hobby, combined with his love of music, lends itself to a great side job – being a DJ. Ever since I was 14 years old, I have been working as a DJ or live […]
How Do You Get From Here to There: End of Life Planning
“It ain’t Over till It’s Over” – Yogi Berra I had a client call me Dr. Death the other day. I pointed out that I am not a real doctor, as I don’t have the right degree, and also said that just because I help people plan for what happens to their assets after they […]
What Happens To Your Assets When You Die?
How many times have you heard, “You can’t take it with you?” Usually, this is said in the context of encouraging someone to think less about their accumulated possessions, and more about spending time with friends and family. It is true you can’t take it with you, so the question becomes “What happens to all […]
Why it’s important to have a plan and not just documents
“A MAN, A PLAN, A CANAL, PANAMA!” This favorite palindrome of mine (a palindrome reads the same if you read forward or backwards) includes a plan. Why it’s important to have a plan and not just documents When have you ever done anything important without a plan? Rarely, or never? Even if your plan was […]
Are Trusts Still Useful If The Estate Tax Is Repealed?
The estate tax is a hotly debated topic among politicians. Some people, generally Republican, say the estate tax should not exist because income tax, sales tax, property tax, and other taxes have already taken enough away from a person by the government. This same party argues that financially successful people should not be taxed again […]
Why An Online Legal Service Might Not Be All That Helpful
I am often asked why people cannot go online to create their estate planning documents, and a lot of the time it feels like people want me to justify my existence as an estate planning attorney. Generally, people are looking for an inexpensive solution, and they think attorneys are expensive or unnecessary. Although I cannot […]
What’s the difference between a will and a trust?
I am often asked what the difference is between a will and a trust, and I usually feel the expected answer is supposed to be a satisfactory two or three sentence answer. Unfortunately, my explanation is not that simple. When you’re waiting for disbursement of goods from a will or trust, nobody wants to be […]
Do I Need A Trust?
People often ask if they need a trust, or whether or not a will is sufficient. Both wills and trusts are useful for distributing assets upon death. However, there are certain times where outright gifts to heirs or beneficiaries through a will or trust are not necessarily the best idea. So, the question becomes under […]
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