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In recent years, researchers have been finding potential links between feelings of loneliness and negative health outcomes. Feeling lonely may put you at greater risk of premature death, serious health problems, and higher...

Four in 10 people believe they do not have enough assets to make a will, according to Caring.com’s 2024 Wills and Estate Planning Study, which surveyed more than 2,400 individuals.  This statistic reflects a common...

With the arrival of the new year, revisions to the annual gift tax and estate tax exclusions will be going into effect, as recently announced by the Internal Revenue Service (IRS). Our Estate Planning Attorney Discusses the...

Assume that, after long and careful consideration, you have implemented an estate plan that you consider ideal for your and your family’s needs. It disposes of your assets according to your wishes in a manner that you think...

Everyone should update their estate plans at various points in their lives, such as when they get married or divorced or when their financial situation changes substantially. One of the most important times to update your...

When thinking about making an estate plan, financial and physical assets often come to mind first — bank accounts, life insurance policies, real estate, cars, personal effects, etc. Increasingly, however, more and more of...

Trusts — both revocable trusts and irrevocable trusts — are powerful and versatile estate planning tools that can be used to accomplish a variety of goals. But each type of trust comes with its own set of pros and...

Trusts can be used to accomplish many estate planning goals. Some of the most common of those are avoidance of probate and tax planning. They can also be used effectively for asset protection. For example, let’s say that...

Individuals who hold power of attorney (known as “attorneys in fact”) typically have extensive authority to make decisions on behalf of their principals, including most medical and financial decisions. But with great...

Divorce is one of the most stressful ordeals an average person can experience, and not only due to the emotional toll it takes. It is well-known that divorce can also wreak havoc on the former spouses’ finances, with...