Estate Planning & Trusts Blog Library
The New Year is a Great Time to Review Your Estate Plan
The New Year is a Great Time to Review Your Estate Plan. The Elder Advisors Law team would like to add one more item to your New Year’s resolutions list—reviewing your estate plan. Why is it so important to keep your plan up to date? In a word, change. As[...]
A Will is a Key Component of Any Estate Plan, But It’s Not Enough.
A Will is a Key Component of Any Estate Plan, But It’s Not Enough. Our Elder Advisors Law team has observed that when most people think of estate planning, writing out their wills usually comes to mind. While a will can help you accomplish several important planning goals, it’s certainly not a[...]
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[...]
