Planning for Others

Last Week in Estate Planning (August 28 to September 3, 2011)

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Now that all the earthquakes, hurricanes, and back-to-school preparations appear to be out of the way, we can get back to some good ol’ estate planning reading! Much of last week’s best works seem to have come from traditional media resources.  Take a look: Top Posts and Articles of the Week Post of the Week…

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Last Week in Estate Planning (August 7 to August 13, 2011)

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Top Posts and Articles of the Week Post of the Week James Brown Estate Mess Compromises His Final Wishes, Danielle Mayoras, Esq. & Andrew Mayoras, Esq., The Probate Lawyer Blog:  Famous Fortune Fights!  Read more... Even though James Brown left his $100 million estate to a special trust for needy children, his estate is still…

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Interview: Middle-Aged Person Without an Estate Plan

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Let me open by quickly sharing a favorite joke:  “What’s the difference between ignorance and indifference? I don’t know and I don’t care.” If you have thus far avoided creating an estate plan, ignorance and indifference may be two big reasons why.  Read more...

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Last Week in Estate Planning (July 31 to August 6, 2011)

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As stated here, the reason this blog showcases the excellent posts and articles about estate planning is an attempt to make the topic more accessible and less intimidating.  However, it has been suggested that I am linking to far too many sources each week, and that this fact actually works against the original goal.  Read…

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Last Week in Estate Planning (July 3 to July 9, 2011)

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In the previous “Last Week in Estate Planning” entries, I placed the “Post of the Week” at the bottom as a way of building suspense.  However, I have been advised that burying the lead in a blog post is perhaps imprudent. So now, the “Post of the Week” goes first, which is especially appropriate given…

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Common “Pot” Trusts: Why You Shouldn’t Treat Your Children Equally

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If you have minor children, you most likely would want them to be provided for in case something terrible happens to you and your spouse.  How would you split your assets between them? At first glance, your natural tendency is probably to respond, “equally, of course”.  For the most part, we love our children equally,…

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Don’t Have $5 Million? 50 Reasons to Get an Estate Plan Anyway

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“Estate Planning” is somewhat of a misnomer.  For example, let’s check out The Free Dictionary’s definition of “estate”. You’ll find that the majority of the 8 provided definitions associate the term either with land or with some kind wealth, social position, or political power.  Read more...

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Thoughts on My Mother’s Looming Death

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For the second and final time, I am watching my natural parent succumbing to an extended illness.  In this case, my mother does not appear to have much time left at all. Corticobasal Degeneration You might skip this section if you are sensitive to reading about one’s gradual loss of the use of her body.…

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Elder Abuse Law: Is Momentum Building for New Legislation?

Justice For All: Ending Elder Abuse, Neglect & Financial Exploitation Senate Hearing

You may have read about 90-year-old actor Mickey Rooney’s recent testimony at the Senate Special Committee on Aging regarding how he personally suffered psychological abuse and financial exploitation due mainly to his advanced age.  Today, we will list some resources and links regarding the developing law regarding elder abuse. CATEGORIES OF ELDER ABUSE According to…

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Special Needs Trusts – Another Exceptional Estate Planning Development

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Imagine you have your first child.  Nothing can contain your excitement as you make this foray into adulthood.  However, as the months pass, you begin to observe that something is not quite right.  Your child is not behaving like the others.  You get worried, but friends, teachers, and doctors tell you “kids learn at their…

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