The Wealth Advisor’s recent article entitled “Beware of These Common Estate Planning Scams” advises you to avoid these common estate planning scams. Cold Calls Offering to Prepare Estate Plans. Scammers call and email purporting to be long lost relatives who’ve had their wallets stolen and are stranded in a foreign country. Seniors fall prey to… […]
11/08/24 • by: The Law Office of John A. Laine, P.C.
Children may have moved away or lost touch. Old contacts may have died or become disabled. You cannot trust everyone and criminal cases based on misuse of a power of attorney do exist. Deciding who to name as your Agent with a Power of Attorney is not an easy decision. However, it is a necessary […]
10/15/24 • by: The Law Office of John A. Laine, P.C.
Affluent Parents Maximize Tax-Free Giving to Children. Affluent estate owners are opting to support their children and grandchildren financially during their lifetimes. We explore three strategies that can maximize tax-free giving to consider in your estate planning. In the ever-evolving landscape of wealth management, affluent parents often choose to support their children and grandchildren financially […]
06/20/24 • by: The Law Office of John A. Laine, P.C.
Owning a vacation home is a cherished dream for many families, providing a getaway spot filled with memories. But as years pass, ensuring this haven remains a family legacy without becoming a burden can be tricky. Fortunately, with careful estate planning and clear communication, you can keep your vacation property a joy for generations to […]
06/10/24 • by: The Law Office of John A. Laine, P.C.
The fact that many baby boomers lack the robust pension and Social Security benefits enjoyed by their predecessors underscores the importance of working with an elder law attorney to plan for financing long-term care and guarding existing assets as they age.
04/09/24 • by: The Law Office of John A. Laine, P.C.
In a season of economic unease, inflation, and changing state laws, strategies like trusts, trust protectors, and a clear purpose statement in your estate plan ensure that your assets and values transfer according to your wishes.
04/09/24 • by: The Law Office of John A. Laine, P.C.
While adding a child to your home's deed might seem straightforward to manage your estate, it's fraught with potential problems and complications. This article reviews the implications and alternatives to adding a child to your home’s deed, with the goal of ensuring your estate plan is effective, efficient, and aligned with your long-term intentions.
03/26/24 • by: The Law Office of John A. Laine, P.C.
An estate plan lays out how you want your assets handled at your death or when you’re physically or mentally incapacitated. No wonder most people procrastinate creating one.
03/13/24 • by: The Law Office of John A. Laine, P.C.