Estate Planning & Trusts Blog Library
Could You Benefit from an Irrevocable Living Trust?
Could You Benefit from an Irrevocable Living Trust? An Irrevocable Living Trust is a legal arrangement where the grantor (the person creating the trust) transfers ownership of their assets into the trust. Unlike a revocable trust, once an irrevocable trust is established, the grantor cannot modify, amend, or terminate it[...]
Elder Asset and Wealth Protection: Securing Financial Stability and Security in Later Years
Elder Asset and Wealth Protection: Securing Financial Stability and Security in Later Years Elder Advisors Law considers asset and wealth protection critical to ensuring financial stability and security for seniors and allowing them to enjoy peace of mind as they age. Understandably, one of the primary concerns for aging individuals[...]
The Difference Between Pre-Planning and Crisis Planning
The Difference Between Pre-Planning and Crisis Planning In life, the unexpected could be waiting around any corner, which makes pre-planning and crisis planning crucial for everyone, regardless of age or health. At Elder Advisors Law, we help our clients create plans that account for all possible scenarios. We can also[...]
Top Four Estate Planning Considerations for Veterans
Top Four Estate Planning Considerations for Veterans At Elder Advisors Law, we have the honor of serving many veterans who have bravely fought for our country over the years. Estate planning for veterans is different from estate planning for others because they have special resources available through the Department of[...]
Getting to the Meat of Estate Planning Issues for the Sandwich Generation
Getting to the Meat of Estate Planning Issues for the Sandwich Generation July is National Sandwich Generation Month. Many of you just read that and thought “What’s the Sandwich Generation?” You know Gen Z, Millennials, Gen X, Boomers, The Silent Generation, etc. The Sandwich Generation is not a generation in[...]
Estate Planning is a Gift to the Whole Family
Estate Planning is a Gift to the Whole Family We often talk about your estate plan. Have you started one? When was the last time you updated it? Is it accomplishing your goals? This might imply, on the surface, that estate planning is about you and only you, but in the season[...]
The Asset Protection Trust Explained
The Asset Protection Trust Explained At Elder Advisors Law, we take an innovative approach to estate planning. It matters to us that there is intention behind everything we do and everything we urge our clients to do. We’re not going to urge you to do X, Y, and Z or[...]
These Are The Responsibilities Of Your Trustee
These Are The Responsibilities Of Your Trustee You are being responsible, and you’ve decided to develop an estate plan. While you have been studying what’s included in creating one, you have landed on establishing living trusts. But what exactly is this and who should you appoint as a trustee? Put[...]
Peace Of Mind & Special Needs Trusts
Peace Of Mind & Special Needs Trusts There are numerous benefits and reasons why someone with a physically or mentally disabled child should create special needs trust. There are scenarios in which having too much money or assets causes more issues than it solves. An example of this is when[...]
Family Businesses & Succession Plans
Family Businesses & Succession Plans One of the biggest reasons people plan is to avoid potential pitfalls and issues. Even the smallest estate is more complex than most realize. When you sit down with your attorney to create the plan that fits your requirements, not only will you identify the[...]