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Estate Planning Blog

Why You Must Fund Your Revocable Trust

The primary benefits of revocable trusts only are available if a revocable trust is FUNDED during life. Unfortunately, experienced estate planning attorneys often have clients who delay the funding of their revocable trusts until it is too late and miss many of the benefits that these trusts provide.
05/18/23 • by: Vick Law, P.C.
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Estate Planning to Prepare for Cognitive Decline

Data from sources like the U.S. Census Bureau shows in no uncertain terms that the U.S. population has grown older over the prior two decades. Estate planning can help you navigate cognitive decline and ensure your wishes are met.
05/18/23 • by: Vick Law, P.C.
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5 Estate Planning Tips to Protect Parents from Scammers

Scam artists often target older adults, partly because they have amassed greater wealth and may be more vulnerable.
05/08/23 • by: Vick Law, P.C.
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What Elements are Overlooked in Estate Plans?

There are certain provisions that people often forget to put in a will or estate plan that can have a big impact on a family.
05/02/23 • by: Vick Law, P.C.
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Can I Motivate My Heirs After I’m Gone?

Is It OK to Rule from the Grave?
04/19/23 • by: Vick Law, P.C.
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Do I Need a Trust in My Estate Plan for Real Estate?

Trusts are widely used in estate planning, so estates can avoid going through probate and maintain privacy. The terms of the trust ensure the wishes of the property owner are adhered to and their property gets distributed to the proper beneficiaries.
04/14/23 • by: Vick Law, P.C.
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Does ‘Spousal Impoverishment’ Protect against Medicaid Recovery?

Seventy percent of those who reach age 65 will need long-term care services or expensive in-home nursing care, and 42% of it nationwide is paid for by Medicaid.
04/13/23 • by: Vick Law, P.C.
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5 Smart Ways to Transfer Real Estate to Your Children

For many parents, transferring real estate to their children is an important part of their estate planning process. There are several ways that parents can do this, each with its own advantages and disadvantages.
04/12/23 • by: Vick Law, P.C.
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The Biggest Mistakes Made with Trusts

Mistakes that are usually ugly, often costly and sometimes fatal – at least to an estate plan.
04/06/23 • by: Vick Law, P.C.
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Your Estate Planning Checklist

Estate plans are made up of many parts, including wills and trusts, as well as any additional documents or information that will help beneficiaries carry out the requests of the benefactor.
04/04/23 • by: Vick Law, P.C.
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