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Be Careful Not to Name Minors as Your Beneficiaries

by Paige Fuoco | Sep 21, 2021 | Estate Planning, Power of Attorney, Wills

Most people want to pass their assets to their children or grandchildren, but naming minors as beneficiaries can have unintended consequences. It is important to make a plan that doesn’t involve leaving assets directly to a minor. There are two main problems with...

How Do I File for a Guardianship?

by Paige Fuoco | Sep 16, 2021 | Estate Planning, Power of Attorney, Trusts, Wills

No one wants to see a loved one become unable to make decisions for him or herself. If this happens, however, the court may appoint a substitute decision maker, often called a “guardian,” but in some states called a “conservator” or other term....

Britney Spears Case Puts Renewed Focus on Guardianships and Less Restrictive Alternatives

by Paige Fuoco | Sep 16, 2021 | All Articles, Estate Planning, Family Law, Power of Attorney, Probate, Trusts, Wills

The Britney Spears guardianship case has brought national attention to the legal framework surrounding guardianships and the need for reforms to better protect individual rights. While a full guardianship may be necessary for many individuals who are incapable of...

How an Irrevocable Life Insurance Trust Can Be Used to Avoid or Reduce the Estate Tax

by Paige Fuoco | Aug 31, 2021 | Estate Planning, Trusts

With the federal estate tax exemption possibly about to be lowered, it may be time to think about steps you can take to keep your estate from being taxed. An irrevocable life insurance trust allows you to pass on money to your heirs while avoiding both the federal...

Preserving the Family Vacation Home for Generations to Come

by Paige Fuoco | Aug 24, 2021 | All Articles, Estate Planning, Family Law, Power of Attorney, Probate, Trusts, Wills

Summer is winding down and if you are one of the lucky ones, you got to spend some time at a family vacation home. How do you make sure your children and grandchildren can enjoy that second home as much as you did? The question for owners of vacation homes in planning...

How to Divide Up Personal Possessions Without Dividing the Family

by Paige Fuoco | Aug 3, 2021 | Estate Planning, Wills

Allocating your personal possessions can be one of the most difficult tasks when creating an estate plan. To avoid family feuds after you are gone, it is important to have a plan and make your wishes clear. When passing on possessions to your heirs, savings and...
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