Many people have life insurance, and they have it for a multitude of reasons. Proceeds can help cover funeral costs, liquidity in an estate, paying off taxes and more.

We often talk about different estate planning vehicles and about what types of provisions and powers should be including in your estate plan. Let’s talk about what you shouldn’t put in your will, or at least, not without a lot of thought and care.

There is a current legal trend to avoid using legal terms and to make the language of law accessible for clients. However, there are some terms that are unavoidable, and it helps to be familiar with them when considering your estate planning.

Trusts are versatile, you can accomplish incapacity planning, probate avoidance, tax planning, asset protection and more with trusts. However, sometimes people make mistakes with living trusts, and it doesn’t create all of the benefits intended.

Despite the various proposals to lower federal transfer tax exemptions and increase the tax rates, none of them were enacted in 2021. This means that the exemptions have increased for inflation in 2022, giving you another chance to locking in the advantageous rates and exemptions.

Estate planning attorneys are often asked if a particular asset will be included in an estate. When you die, your estate is defined in different ways for different planning purposes.

Climate change will affect insurance rates, the areas where we choose to live and even how we build and renovate our homes.

You cannot be forced to accept an inheritance you don’t want, however, what happens to the inheritance after you reject, or “disclaim” it depends on a number of things.

The last two years have made it clear that this old rivalry—Suburbs vs. Cities—is still very much a thing, especially when it comes to housing.

Buying a second home is a dream for many homeowners, one that can be made into reality by leveraging existing equity, paying a higher down payment and reaching out to a trusted lender who can guide them through the process.

There are many more advantages to the college savings programs than simple tax benefits.

Capital gains tax is one of the most overlooked expenses you’ll need to pay on a real estate transaction.

Some homeowners claim mortgage interest deductions to pay less in income tax each year. Is this a viable option for you?

The biggest problem with powers of attorney is not the lack of one, but having one without sufficient powers or provisions.

All of us can improve the odds of a longer, more healthful life simply by avoiding the health mistakes that people tend to make after age 50.

You have more home improvement loan options than you probably realize, so let’s take a look at the different ways to finance your next renovation project.

Creating a plan for your healthcare can give you the peace of mind that, even in the worst of situations, your loved ones will know what you wanted to occur clearly and be able to go forward in following your wishes.

You can save some assets for a spouse and qualify for Medicaid using strategies from an Elder Law or Medicaid Planning Attorney.

Due to a variety of market-based factors, interest rates remain near historically low levels, providing a refi-friendly environment for those who’ve yet to get in on the act.

Not every family can afford to give their children an advance on their inheritance, but for those who can, there are some things to consider.