Since the Tax Cuts and Jobs Act was implemented, there is an even greater incentive for donors to consider whether their planned giving will have an immediate or future benefit. When structuring your charitable giving plan,...
How to Transfer Ownership of Your Business
June 16, 2021
As a business owner getting ready to retire, you may be wondering what will happen to your business now that you’re not interested in being involved in the day-to-day. There are a variety of options for transferring...
Five Strategies to Pay for Eldercare
May 28, 2021
Most people will require eldercare at some point in their life, but unfortunately, Medicare doesn’t cover the cost of this long-term care. If you think you might eventually reach an age where living on your own will become...
While the world is still reeling from a global pandemic, the real estate market has become quite unpredictable: Many markets across the United States are seeing supply slow to a trickle, while the demand has become so high...
Also known as a Transfer on Death deed, a beneficiary deed is a particular type of deed that can be used to transfer ownership of real estate outside the reach of a probate court. Typically used in transactions like reverse...
The Pros and Cons of an Irrevocable Trust
April 16, 2021
If you’re thinking about creating a plan for how your estate should be handled, then you’re probably wondering whether you should create a will or a trust as part of your estate plan. While there are some definite...
How to Handle a Serious Unexpected Illness
March 31, 2021
If you’re a fan of the HBO series Succession, then you know that a serious and unexpected illness that leaves you incapacitated can spell big trouble for your family, particularly if you’re a high net worth individual....
Families with special needs children need to take extra care when making plans for their estate. When the parents of special needs children are no longer around to care for their son or daughter, their estates must play the...
Obtaining Power of Attorney for Elderly Parents
February 26, 2021
While obtaining a simple power of attorney isn’t necessarily difficult to do, it does require consideration of what’s best for you and your family. Working with a knowledgeable Springfield power of attorney elder lawyer...
7 Tips to Plan for Long-Term Elder Care
February 12, 2021
Planning for the unknown is a crucial component of any elder plan, and unfortunately, the need for long-term care can be a costly yet necessary expenditure for many aging Americans. Working with a Springfield long-term care...