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Do I Need a Will?

"Do I need a will?" Estate planning is a topic that touches the lives of all adults, regardless of age or financial status. In this article, we will demystify the importance of wills, exploring why they are a cornerstone of a well-rounded estate plan and how they play a crucial role in securing your legacy and protecting your loved ones.

09/22/23 • by: Vick Law, P.C.

What are the Different Types of Trusts?

Estate Planning

While a simple living revocable trust often meets the needs of many individuals, some require more specialized trusts to achieve their goals.

09/18/23 • by: Vick Law, P.C.

Tips on How to Pick an Executor

Elder Law | Estate Planning

Have you found an executor (also known as a personal representative) to handle your affairs should you become incapacitated or die?

09/14/23 • by: Vick Law, P.C.

Concerned About Your Parents Spending? Consider True Link

Elder Law | Uncategorized

In today's world, managing and protecting the financial well-being of our aging parents is a concern shared by many. Elder financial abuse, inadvertent overspending, and the need for controlled spending are some of the challenges faced by both elderly individuals and their caregivers. Fortunately, the True Link Visa® Prepaid Card offers a solution that can […]

09/07/23 • by: Vick Law, P.C.

What’s So Bad about Cancelling Irrevocable Trust?

Estate Planning

Before pulling the plug on an irrevocable trust, it’s important to consider several factors like the potential tax consequences and possible alternative solutions.

09/06/23 • by: Vick Law, P.C.

How Can I Help My Child Buy a Home?

Estate Planning

Parents with resources could purchase the property for the child, but that often does not drive the right incentive. How then, do you get the funds to the child in the most responsible and tax-efficient way?

09/06/23 • by: Vick Law, P.C.

Feud-Free Estate Planning Tips to Pass on Family Heirlooms

Estate Planning

There are better—and often more creative—ways to plan and divide that can avoid family squabbles over cars, jewelry, furniture and household items.

08/31/23 • by: Vick Law, P.C.

7 Tips for Your Estate Planning Checklist

Estate Planning

No one ever plans to be sick or disabled. However, planning for the future can make all the difference in an emergency and at the end-of-life. Being prepared and having important documents in a single place can give you peace of mind, help ensure that your wishes are honored and ease the burden on your loved ones.

08/26/23 • by: Vick Law, P.C.

How to Speak With Mom and Dad About Estate Planning

Estate Planning

Estate planning is an activity many families, especially in lower-income communities, don't often use, despite its many benefits. Two-thirds of Americans don't have a will, according to the 2022 Caring.com survey.

08/25/23 • by: Vick Law, P.C.

Make Power of Attorney Part of Your Estate Plan

Elder Law | Estate Planning

Many people will suffer cognitive decline as they age, and that can seriously impact their ability to manage their assets.

08/25/23 • by: Vick Law, P.C.

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Estate Planning Blog

Do I Need a Will?

What are the Different Types of Trusts?

Tips on How to Pick an Executor

Concerned About Your Parents Spending? Consider True Link

What’s So Bad about Cancelling Irrevocable Trust?

How Can I Help My Child Buy a Home?

Feud-Free Estate Planning Tips to Pass on Family Heirlooms

7 Tips for Your Estate Planning Checklist

How to Speak With Mom and Dad About Estate Planning

Make Power of Attorney Part of Your Estate Plan

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