When creating an estate plan, a common aspect you will come across is called a Trust. At its most basic definition, a Trust is a legal structure in which a person manages or holds an asset to benefit another person. The one who holds the property is called a Trustee, whereas the person (or entity) […]
Trusts 101: What A Trust Is And How They Work Read More »
Trust Attorney Especially in our later years, having a companion pet at home is a comforting thing. Pets are such a great addition to families, but there can be complications when the pet’s caregiver passes away. Although you cannot leave money directly to your pet in the event that you pass away and the pet
What Happens to My Pet When I Die & What is a Pet Trust? Read More »
Probate Lawyer Did you know that more than two-thirds of Americans don’t have a will in place? Therefore, if you have been thinking about crafting a will but are self-conscious about speaking to a lawyer about doing so because you have put it off for quite a long time, don’t be shy. Not only are
Wills Vs. Living Trusts Read More »
While it can be tempting to put off evaluating programs like Medicare and Medicaid, planning ahead for your use of these programs and understanding what you will qualify for is essential. To clarify, Medicare is a federal program that provides health coverage if you are 65 and older or if you are under 65 and
When Should I Begin Planning for Medicaid? Read More »
When you’ve just welcomed your first child into the world (or perhaps a few years ago!) the last thing you want to think about is what might happen to your child and to your assets if you were to pass away. It’s difficult to consider, but it is vital for the safety and security of
What Young Parents Should Know About Estate Planning Read More »
Applying for Medicaid can sometimes be a complex process, made further challenging by the evaluation of assets in regards to eligibility for care through Medicaid. Because there are certain limits in place in regards to the value of assets of someone eligible for Medicaid, it’s important to understand how the history of your assets comes
What Is the Medicaid 5 Year Lookback Rule in Rhode Island? Read More »
Estate Planning Lawyer Whether you have a dog or cat, a pet is like a member of the family. You would do anything to ensure your furry family member’s safety and comfort. It’s also important to think about what could happen to your pet after you’re gone. Sometimes pets can outlive their owners. That’s why
How to Create a Pet Trust Read More »
One question estate planning clients often struggle with is who to appoint as a probate executor for a will or a trustee for a trust. Although people often only look at such decisions they make as the “honor” or “privilege,” a lawyer will try to stress to their clients that such an appointment will also
How to Choose Your Probate Executor or Trust Trustee Read More »
Do I Really Need to Contact an Estate Planning Lawyer? Many younger people assume they don’t even have an estate worth dividing up and sharing with their loved ones after they’ve passed. Fortunately, they couldn’t be further from the truth. No matter what kind of assets you own, you need to have a solid plan
Do I Really Need to Contact an Estate Planning Lawyer? Read More »
While it would be nice if an Estate Plan were something that we could just set and forget, the reality is a well-crafted plan involves consistent review and upkeep in order to ensure all of your t’s are crossed and i’s are dotted. Depending on your age and life situation, you may update your plan
When Should I Change or Update My Estate Plan? Read More »