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What Is a Digital Asset for Estate Planning?

At any given time, the average American maintains between 30 and 50 online accounts. These may be with banks, financial institutions, utility companies, email providers, social media outlets, commercial shopping or travel sites and accounts unique to technology, such as an account to purchase apps for a smartphone.

01/10/23 • by: Vick Law, P.C.

Should Each Child Get Equal Inheritance?

Estate Planning

Equally sharing the wealth among the children isn’t always fair, such as when one sibling is the primary caretaker, or another is already wealthy.

01/09/23 • by: Vick Law, P.C.

6 Tips to Age in Place

Elder Law | Estate Planning | Senior Health

As people age, health and mobility issues can make independent living at home more difficult. However, not everyone can afford a nursing home or assisted living, and not everyone wants to move to one of these facilities.

01/06/23 • by: Vick Law, P.C.

Do I Need to Name a Life Insurance Beneficiary?

Estate Planning

What Is a Beneficiary and How Do I Name One?

01/04/23 • by: Vick Law, P.C.

3 Costly Mistakes Women Make with Social Security

Estate Planning

Retirement planning is an important part of long-term financial wellness. For women, the process can be especially fraught. Click to learn 3 costly mistakes women make in regard to Social Security.

01/03/23 • by: Vick Law, P.C.

Can an Executor Take the Money and Run?

Estate Planning

Succession planning involves accounting for the worst-case scenario. Without accounting for these risks, your plan could fail, require expensive litigation or jeopardize the family farm.

12/21/22 • by: Vick Law, P.C.

Does Hypertension Hasten Cognitive Decline?

Estate Planning | Senior Health

A new study suggests hypertension can speed cognitive decline.

12/07/22 • by: Vick Law, P.C.

What Is Asset Protection Planning?

Estate Planning

Asset protection planning is the process of building barriers around your assets, whether those assets are personal or business, to keep them safe from litigation, creditor claims, seizure and burdensome taxes.

12/06/22 • by: Vick Law, P.C.

6 Tips to Prevent Family Inheritance Battles

Estate Planning

In early 2022, Bloomberg News reported that Americans can expect to inherit $72.6 trillion over the next quarter century—more than twice as much as a decade ago. With so much potential generational wealth on the line, there is always a risk that it will become the subject of a dispute.

12/05/22 • by: Vick Law, P.C.

4 Tips to Protect Your Elderly Parents

Elder Law | Estate Planning

As the American population of seniors continues to expand, the need for intentional estate planning becomes more urgent, especially for the children of aging parents.

11/30/22 • by: Vick Law, P.C.

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Estate Planning Blog

What Is a Digital Asset for Estate Planning?

Should Each Child Get Equal Inheritance?

6 Tips to Age in Place

Do I Need to Name a Life Insurance Beneficiary?

3 Costly Mistakes Women Make with Social Security

Can an Executor Take the Money and Run?

Does Hypertension Hasten Cognitive Decline?

What Is Asset Protection Planning?

6 Tips to Prevent Family Inheritance Battles

4 Tips to Protect Your Elderly Parents

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