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Category Archives: Wills

The Living Will: Is it a Will, or a Health Care Directive, or Neither?

Tuesday, August 18, 2009

Another estate planning tool authorized by law in many jurisdictions is a living will.  A living will (also called a declaration of a desire for a natural death or a directive to physicians) allows a person who is unconscious or incapacitated to express his or her desires regarding the use of extraordinary measures to extend [...]

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Good News for Estate Planning

Thursday, June 18, 2009

Declining interest rates may not be good for potential buyers of bank Certificates of Deposit, but they are good news for various estate planning strategies.
I will address a few areas and techniques where low interest rates can have a very positive impact on the estate planning process:

Qualified Personal Residence Trust (QPRT) - A QPRT is [...]

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How a Living Trust protects the Grantor in the event of incapacity

Thursday, June 11, 2009

Revocable Living Trusts have become popular for probate avoidance and maintaining private information about assets and loved ones.  In addition to these two very important features, many people may not fully understand the living trusts protective power in the event the grantor, the one who establishes the trust, becomes unwilling or unable to manage the [...]

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