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Newly graduated student hugging parents, illustrating the significance of a Power of Attorney once a child turns 18.
Blog post

Why Children Turning 18 Must Have a Power of Attorney

January 13, 2025
When a child turns 18, they officially reach adulthood in the eyes of the law. This milestone often brings excitement…
A clear pitcher pours water into a glass, causing it to overflow against a vibrant green background, illustrating how an estate can exceed tax limits if not carefully managed.
Blog post

How Your Inheritance Could Push Your Children Over the Estate Tax Threshold

December 28, 2024
Estate planning might not be top of mind if you believe your overall net worth is below the federal estate…
A Power of Attorney document partially visible in a brown envelope, symbolizing legal authority and incapacity planning.
Blog post

Why a Revocable Living Trust May Be Better for Incapacity Planning Than a Power of Attorney

December 28, 2024
If you have ever tried to help a family member manage their finances after they became unable to handle them…
White motor yacht traveling quickly on the water, creating a trail of foam behind it, symbolizing the concept of boat ownership through a living trust.
Blog post

Advantages of Putting a Boat or Yacht in a Trust

December 28, 2024
If you own a high-value vessel—be it a sleek yacht or a practical boat—you’ve likely invested considerable time and money…
A small brown-and-white dog standing on its hind legs and looking out a window, illustrating the concept of security and care provided by pet trusts.
Blog post

Pet Trusts in Estate Planning: Ensuring a Secure Future for Your Beloved Companion

December 26, 2024
Estate planning isn’t just about deciding what happens to your house, bank accounts, and investments after you pass away. It’s…
An elderly man in a teal shirt with a thoughtful, somewhat worried expression, exemplifying the challenges of aging without immediate family to rely on.
Blog post

Estate Planning for Individuals with No Immediate Family

December 25, 2024
For many people, the assumption is that their children or other family members will offer care, financial oversight, and decision-making…
A man in a business suit holding a spiral-bound binder with the words “ILIT Irrevocable Life Insurance Trust” printed in large green letters.
Blog post

Have You Done Your Crummey Letters This Year?

December 22, 2024
Many individuals who engage in estate planning have come across the term “Crummey letter” at some point. It may sound…
A visual representation of a family limited partnership, illustrating its role in estate planning, asset protection, and managing family wealth for future generations.
Blog post

What Is a Family Limited Partnership and Should I Form One?

December 19, 2024
A family limited partnership (FLP) is a business structure that allows family members to pool assets for business and investing…
An older couple sits at a table with documents, engaged in a conversation about estate planning and elder law strategies, specifically focusing on the use of a spousal lifetime access trust to utilize the current estate tax exemption effectively.
Blog post

SLATs: Lock in the Current Estate Tax Exemption

November 29, 2024
The fate of the federal estate tax exemption remains uncertain, and this volatility can have significant implications for high-net-worth individuals.…
Senior couple reviewing Medicare premium documents, illustrating the impact of IRMAA on their healthcare costs, a key consideration in estate planning and elder law.
Blog post

What Is IRMAA and How Does It Affect Medicare Premiums

November 15, 2024
As we near retirement, we may assume that once Medicare kicks in, our medical insurance premiums will be fixed. However,…
Infographic detailing the cost increases for Medicare Part A and B in 2025, relevant to estate planning and elder law.
Blog post

Medicare Part A and B Costs to Rise Again in 2025

November 15, 2024
The Centers for Medicare & Medicaid Services (CMS) has issued the 2025 figures for Medicare. As in 2024, these health…
Cover of the report "Planning for America's Aging Population," released by the U.S. Department of Health and Human Services, detailing strategies for enhancing the quality of life for older Americans.
Blog post

Report: Planning for America’s Aging Population

November 15, 2024
If you are age 65 or older and living in the United States, you are part of a large and…

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