Using Local Insight And Legal Know-How
To Protect Your Interests
Seniors need estate planning more than most groups, because they are more likely to encounter a serious illness or disability. When it comes to establishing wills and estate plans, older Americans outpace their younger counterparts. Still, a significant number — 19...
Do you have a living trust? Have you considered one? As we age, it can become increasingly difficult to manage our assets. Most of us will, at some point, need assistance with these details to help ensure that our financial and other assets aren’t depleted. If you or...
Many aging Americans depend on family members or friends to help manage their financial, health, and other affairs during retirement and beyond. They often believe that their family members will be able to take care of any issues that arise. While consulting with...
Aging in place – Dafoe Law can help – Call and ask about our Elder Care Coordinator and how they can help you age in place. According to AARP aging in place is a goal for 3 out of 4 Americans aged 50 or more. These seniors and near seniors are willing to employ...
Tax Reform congress and tax reform While most of the new tax law – the Tax Cuts and Jobs Act – has to do with reducing the corporate tax rate from 35 percent to 21 percent, some provisions relate to individual taxpayers. Before we get into the details, be aware that...
estate plan When many people think about estate plans, they ask themselves, do I need one? Are they only for the old or the rich? However, it is important for you to know that everyone needs an estate plan. Estate plans are written into the law, and under this state...
I am often asked, how often do I need to update my estate plan? This may seem like a simple question, but the answer is actually pretty complex. The reason is that no two people are exactly alike, and there are many reasons why an estate plan needs updating. Why do...
Funding your trust or estate plan can easily be forgotten. In fact, it often is, but what about when the funding causes other problems? Funding is the process where you implement your estate. You transfer assets into a trust or business entity. Or it could be the...
Adding your kid’s names to bank accounts is a pet peeve of mine. A lot of times I get asked – why? My answer is always that it makes a mess of something that doesn’t need to be a mess. A financial power of attorney does everything that putting your child’s name on...
As new parents, you naturally want to ensure your new baby’s future in every way. For many new parents, infancy is a time for celebrating new life, and making a will is the last thing on their minds. For others, the process of bringing new life into the world sparks...