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...
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....
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...
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...
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...
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...