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Estate Planning & Elder Law Blog

Probate: What Is it? How Does it Work?

In certain instances, particularly when there is no Will, the system ensures that all accounts and property are distributed in accordance with state law.
03/24/23 • by: The Law Office of John A. Laine, P.C.
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Do I Need a Will If I’m Leaving Insurance Policy to a Beneficiary?

Estate planning is crucial to leaving your beneficiaries with your possessions as you intend.
03/24/23 • by: The Law Office of John A. Laine, P.C.
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What Should I Know about Funeral Planning?

Losing a loved one is stressful enough without having to deal with a botched funeral. Preplanning, due diligence and good communication can head off difficult surprises.
03/15/23 • by: The Law Office of John A. Laine, P.C.
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What Strategies Minimize Estate Taxes?

With 2022 bringing very little change to trust and estate law, 2023 remains a prime opportunity to take advantage of the favorable tax landscape.
03/15/23 • by: The Law Office of John A. Laine, P.C.
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Does Divorce Have an Impact on Estate Planning?

When you're in the midst of a divorce, you're probably not thinking about estate planning or your will. However, if you're divorcing, you should think about the impact a divorce can have on an estate plan.
03/15/23 • by: The Law Office of John A. Laine, P.C.
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What Is Portability and When Should I Make a Portability Election?

A common financial mistake married farm couples make occurs when the first spouse dies, and the surviving spouse fails to ‘elect portability.’
03/02/23 • by: The Law Office of John A. Laine, P.C.
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Do I Need a Life Insurance Trust?

Created to own and control a life insurance policy or policies while the insured is alive, Irrevocable Life Insurance Trusts (ILITs) are tools that are sometimes recommended by estate and planners.
03/02/23 • by: The Law Office of John A. Laine, P.C.
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How Does Estate Planning Work for Caregiving Children?

A not uncommon estate planning scenario is an elderly parent who lives with an adult child, either at the parent(s)’s home or at the child’s home.
03/02/23 • by: The Law Office of John A. Laine, P.C.
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Some Hobbies Can Help You Live Longer

Hobbies are part of what makes life fun. Some of them come with a major bonus: They just might lengthen your life.
02/15/23 • by: The Law Office of John A. Laine, P.C.
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What are the Benefits of Creating a Life Estate?

Once you create a life estate, property rights vest in your heir.
02/15/23 • by: The Law Office of John A. Laine, P.C.
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