In early 2022, Bloomberg News reported that Americans can expect to inherit $72.6 trillion over the next quarter century—more than twice as much as a decade ago. With so much potential generational wealth on the line, there is always a risk that it will become the subject of a dispute.
12/02/22 • by: The Law Office of John A. Laine, P.C.
Overlooking an important step or making a blunder can derail all your careful planning, leaving your heirs and beneficiaries with a headache-inducing challenge.
12/02/22 • by: The Law Office of John A. Laine, P.C.
If you tend to be a night owl, you may want to take some notes. That’s because a recent study published in JAMA Psychiatry found people who consistently get up early and remain active throughout the day tend to be happier and mentally stronger, especially in older age, when compared to people with irregular daily activity patterns.
11/25/22 • by: The Law Office of John A. Laine, P.C.
We’re all looking to save taxes, court costs, legal fees and ‘make it simple’ for our heirs. A last will and testament is the cornerstone of all estate planning, maybe with a trust.
11/25/22 • by: The Law Office of John A. Laine, P.C.
My spouse is going to have to move to a nursing home. When spending down assets for the sick spouse to qualify for Medicaid, does it have to be done before sick spouse is sent to a nursing home or can it be done even after the sick spouse is admitted to a nursing home?
11/18/22 • by: The Law Office of John A. Laine, P.C.
Yes, you need an estate plan, and you need one now. Whether you are young and single, married with young children, or retired and enjoying grandchildren, you need to create an estate plan that protect your assets and care for your family. Do not do it the hard way, rather, do not let your family […]
11/16/22 • by: The Law Office of John A. Laine, P.C.
An estate plan works like the operating system on your phone or computer. It runs in the background. However, it needs occasional updates to keep the plan current.
11/11/22 • by: The Law Office of John A. Laine, P.C.
As a kid reaches 18, they’re an adult in the eyes of the law. Therefore, your parental authority no longer exists and in turn you can lose access to information.
10/27/22 • by: The Law Office of John A. Laine, P.C.
