I was speaking with a client recently and we were discussing their jointly owned property. This client owned all of their bank accounts, investments and home jointly with their spouse.This client told me that they read something online that said that they could make the settlement of their estate very easy if they simply named […]
There are many people who have heard of the problems surrounding probate administration, mainly the costs and time involved to administer a probate estate. However, one aspect that many families fail to consider or fail to plan for is regarding what to do in the event that a person becomes incapacitated. There are many attorneys, […]
By Daniel A. Perry, Esq.As a Trusts and Estates attorney, I have seen a lot during my career. I have represented clients during the planning stage, and I have represented families in estate settlement after the death of a loved one. However, I have also represented families when disputes arise among family members during the […]
by Daniel A. PerryOne of the most common questions that I receive from families regarding trusts is whether placing their assets into a trust will protect them from creditors and provide them with protection of their personal assets from loss due to a lawsuit. Although there are hundreds of different types of trusts (revocable and […]
by Daniel A. PerryEvery time I speak with clients regarding setting up and establishing their estate plan including their Last Will and Testament, Disability Legal Documents, and Trust documents (whether they are revocable or irrevocable), I always tell my clients the same thing.“We Can’t Stop Here Now That All Your Documents Are Complete. We Must […]
by Daniel A. PerryAs an estate planning attorney, I speak with families every day regarding a wide variety of their concerns when it comes to estate planning. These concerns range from taxes, to keeping the government out of their private affairs, to avoiding probate, to protecting their children’s inheritance from divorce, to planning for a […]
By Daniel A. PerryYou work your entire life, saving your money and developing a nice nest egg of savings. Now you want to provide a nice inheritance for your children. Then, in one moment, everything changes. Your adult child is divorced and loses half of their inheritance to a former spouse. An adult child is […]