As an Estate Planning Attorney, I try to always plan for the future. I work with clients to make sure they have a plan in place for every worst-case scenario. These plans include contingencies for personal and financial care, due to a permanent and/or temporary disability, that limits a person’s mental and/or physical capabilities. I…
My oldest son, just graduated from college, got a job and even set up his 401-K (yes, I’m a proud parent). Now, it’s time for him to set up his Estate Plan. I know what you are thinking, and it’s probably similar to what he said, “Why, I don’t have any assets! Unless you want…
First what is a Trust, specifically a Revocable Living Trust? A Trust hold’s an individual (or a couple’s) assets to allow for simplified, and/or controlled distribution, of assets. A Trust can minimize or eliminate Probate court, as well as increase privacy, and reduce administrative cost. However, having your attorney create the Trust, is only the…
According to Barron’s, “The Coronavirus has Americans Scrambling to set their Estate Plans”, here at Butler Law Office, we’ve seen the same phenomenon. Our phones are ringing with an increased surge of people wanting to talk about their estate plans, eager to get thing is place ASAP. We are stepping up to assist as many…
Suze Orman and Dave Ramsey often talk about the advantages of using a Revocable Living Trust instead of a standard Last Will and Testament. For many a Trust is the best way to go, if it is done correctly, and it truly fits your needs. First, what is a Revocable Living Trust? A Trust allows…
This morning, during my carpool duty, and over the giggles of my teenage daughter and friends, I happened to hear the radio DJs discussing Aretha Franklin’s Estate. Their discussion centered on the fact that Aretha failed to have a Will in place and as a result family fighting ensued. The male DJ explained he had…
