If you plan to pass assets through a will, just remember that most of the time, that will becomes public once the probate estate is closed. Therefore, if you left one of your children out, left your favorite a bit more or are just a private person, you may be better off with a trust.
10/11/23 • by: The Law Office of John A. Laine, P.C.
Cryptocurrency has changed the nature of what can be considered an asset, and that’s affected estate planning, too, the process of allocating your assets to your heirs on your death.
10/02/23 • by: The Law Office of John A. Laine, P.C.
Estate planning not only makes things easier for your loved ones if you become incapacitated or when you’re gone, but it also does these three important things.
10/02/23 • by: The Law Office of John A. Laine, P.C.
The management of one of the world's most valuable art collections has now been passed to Paloma Ruiz Picasso, the last of Pablo Picasso's four children.
09/26/23 • by: The Law Office of John A. Laine, P.C.
Life is unpredictable. At least some uncertainties and concerns can be addressed with a good estate plan that offers a wide range of benefits intended to protect one’s well-being and family’s wealth.
09/21/23 • by: The Law Office of John A. Laine, P.C.
Since estate issues, one way or another, affect everyone over time (since death does) and since Medicaid planning has for many years been a topic of popular conversation—and popular misconceptions in the U.S., it is not unusual that both subjects have generated misunderstandings and, in some cases, folklore that has persisted.
09/14/23 • by: The Law Office of John A. Laine, P.C.
While life insurance is typically not taxable, there are some notable exceptions that could play a role and are important to consider regarding any life insurance policy and benefit.
08/26/23 • by: The Law Office of John A. Laine, P.C.