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What’s So Bad about Cancelling Irrevocable Trust?

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.

4 Ways to Find Out If a Person has a Will

Estate Planning

Estate planning is a crucial aspect of financial management, ensuring that an individual’s assets are distributed according to their wishes after their passing. One key document in estate planning is a “last will and testament,” commonly known as a will.

08/25/23 • by: Vick Law, P.C.

Commonly Missed Steps to Follow When a Spouse Die

Estate Planning

Losing a spouse can be an overwhelming and emotional experience. While it's possible to organize financial documents ahead of time, there's no way to truly prepare.

08/25/23 • by: Vick Law, P.C.

Should I Use an Attorney When I Apply for Medicaid?

Estate Planning

Navigating the complexities of government healthcare programs can be a daunting task, especially when it comes to applying for Medicaid.

08/16/23 • by: Vick Law, P.C.

What Should I Know About Powers of Attorney?

Estate Planning

Are you worried about what might happen to your estate and investments if you become disabled or incapacitated?

08/16/23 • by: Vick Law, P.C.

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Estate Planning Blog

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

4 Ways to Find Out If a Person has a Will

Commonly Missed Steps to Follow When a Spouse Die

Should I Use an Attorney When I Apply for Medicaid?

What Should I Know About Powers of Attorney?

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