If you do not have a will and/or trust, state law, not you, will determine who gets your money and property at your death. In effect, the state makes a will for you if you fail to do so and that can have terrible consequences including causing you to disinherit a child or not provide for someone you love.
Coronavirus has been all over the news—and with good reason. For some people, it can turn into a serious illness if contracted. Thankfully, for the great majority of people who have contracted the disease, the symptoms appear to be relatively mild. Nevertheless, it is crucial for everyone, partic...
Spring is a great time to clean around the house and to get ready for the months ahead. Your estate plan, like your home, periodically needs a thorough polishing. Your life circumstances are constantly changing, and an estate plan that perfectly met your needs a couple of years ago may now be clu...
You have done the hard work of establishing an estate plan. Good for you! However, you still have serious work to do to ensure that the strategy you have selected will maximize your peace of mind and protect your legacy. Estate plans should be like living, breathing creations that reflect the ch...
A scary health diagnosis can be emotionally and logistically challenging for many reasons. For instance, how can you take care of your family if you're physically incapacitated? In addition to working closely with your medical providers, consider these three legal tips: 1. Check your estate plan...
1) Lack of Healthcare and Disability Planning. The majority of deaths occur in hospitals or other institutions. Patients may be incapacitated to the point where they can no longer communicate their healthcare wishes. Advance Directives and a Healthcare Power of Attorney can identify healthcare pr...
We understand that it feels hard to get around to estate planning; it sounds about as fun as getting a root canal. However, we also understand that we all want to make sure that our loved ones are protected and receive our hard-earned assets – regardless of whether we have $10 million or $10,000....
There are few things as intimidating as the project of estate planning. The best time to plan for your incapacity or death, though, is while you're still healthy. With a little time, effort, and guidance from a trusted estate planning professional, you can develop a plan and obtain peace of mind....
Most people understand that having some sort of an estate plan is, as Martha Stewart would say, a “good thing.” However, many of us don't take the steps to get that estate plan in place because we don't understand the nuances between wills and trusts – and dying without either. Here's what will ...
1) Myth: My spouse can make all of my healthcare and financial decisions because he/she is my spouse. Reality: This is not always the case. To make sure your spouse can indeed make important medical decisions on your behalf, you should sign a durable power of attorney and a medical advance direc...
Yes! Everyone needs a will, trust, or both to ensure your legacy is passed on in the way you intend, to provide for children, spouse, and family members, and in the case of trusts, to avoid probate. Wills and trusts are not just for the wealthy: A well-drafted plan ensures that what you do have i...
How many of you are confused about the differences between wills and trusts? If so, you're not alone. While it's always wise to contact experts like us, it's also important to understand the basics. Here's a quick and simple reference guide: What Revocable Living Trusts Can Do – That Wills Can't...
My name is Adam Nagreski and I am the owner of Nagreski Law. Nagreski Law is a law firm built to ease the stress of legal issues that are faced by our clients. Through my meeting with clients, there seems to be a HUGE problem with the law and the search for justice. With technology ever expandi...