Knowing where to begin can be the most daunting aspect of estate planning. Most of us know that we need to take precautions to secure our assets and provide for our families after passing, but the specifics of doing so are often murky. After all, making a will or establishing a trust is the beginning of…
Category: Successions Law
Planning Ahead: What Happens to Your Cryptocurrency When You Die?
The new year presents new estate planning challenges. Each decade introduces more assets that you need to monitor and include in your estate planning documents. One of the more recently popular assets is cryptocurrency or crypto. If you’ve ever dabbled in the world of cryptocurrency, you’ve likely noticed that a small $100 investment has the…
Estate Planning for Families with Children Who Have Special Needs
My theme this month has generally been constant reminders for my clients and readers to keep their Estate Planning documents up to date. A frequently reviewed estate plan is important for everyone, but it is doubly important for those who have dependents with special needs. Special needs planning covers all of your bases: Finances, Public…
Four Common Estate Planning Myths That Can Cause Long-Term Inconveniences
Estate planning is one of the most misunderstood areas of Succession Law. It is also one of the most predictable hiccups in a person’s legal roadmap. More often than not, we hear one of the following three statements at the mention of Estate Planning. “I’m too young.” “I don’t have enough assets.” “I need to…