From our “Ask a Question” Mailbag: Estate Planning Document Safekeeping while Traveling Most Recently Updated August 10, 2018. “My husband and I are traveling to New York and then upwards to New England and Canada for the next month. Should we do anything or leave any estate planning documents around […]
From our “Ask a Question” Mailbag: Pros and Cons of a Living Trust Most Recently Updated August 10, 2018. Pros and Cons of a Living Trust A living trust is just like a will. It is a legal document. It spells out all of their desires regarding assets, dependents, and heirs. […]
From our “Ask a Question” Mailbag: Can Just Anybody Attend a Funeral Most Recently Updated August 9, 2018. “My mother was dating a much younger man before her death. We jokingly called him her “boy toy.” He is a nice man, but not really part of our family. In her […]
Can Social Security Disability Be Used In Estate Planning? When you are planning your estate, consider how social security disability (SSD) can impact your survivors. The first thing you need to do is find out if you may be eligible and apply to receive benefits. If you already receive SSD […]
Our “Ask a Question” mailbag address the question of how and where does one contest a will.
“I may contest my father’s Will. He died recently in Philadelphia. How do I contest a Will in Philadelphia? Who will hear the case?”
Our “Ask a Question” mailbag addresses a question about Amending a Revocable Trust. “Is amending a Revocable Trust difficult? How do I go about amending a Revocable Trust I formed in 1998, as I have some necessary updates?”
From Our “Ask a Question” mailbag: “I want to set up a Special Needs Trust for my son in my Will. Can I fund a Special Needs Trust with life insurance?”
From Our “Ask a Question” mailbag: “What is a Special Needs Trust?”
A Special Needs Trust is a trust designed to hold assets for a person receiving needs-based government benefits. The person who benefits from the trust is the “beneficiary.” Typically, the beneficiary is an individual with physical or mental disabilities who qualifies for needs-based benefits, such as Medicaid. Giving this person money or making them an heirwould disqualify them. Special Needs Trusts were created to hold assets for these people without excluding them from the benefits. A Special Needs Trust allows you to look out for your loved one by providing them with the little extras that will improve their life.
From Our “Ask a Question” mailbag, a question about Estate Planning before surgery:
“I am going to have some major surgery next month. Is it a good idea to do Estate Planning before surgery? What documents do you suggest I have done?”
Our “Ask a Question” mailbag addresses Estate Planning for LGBT Married Couples.
“Right after the legalization of gay marriage my husband and I married in Pennsylvania. Since then, we have not updated any documents. Given the outcome of the Presidential election, we feel like we need to get things done. What is Estate Planning for LGBT Married Couples?”
