How Do Trust Attorneys Help Your Estate Plan?

August 21, 2019
Bill O’Leary, Esq.
Estate Planning, Probate and Estate/Trust Administration

Setting up a trust fund offers many advantages in terms of passing on wealth or assets. It avoids probate, or the transfer of assets in court. This increases not only the ease of transfer, but also privacy.

Elder Law Attorney Can Help Plan for Long-Term Care Costs

August 20, 2019
Bill O’Leary, Esq.
Elder Law, Estate Planning, Long-Term Care Planning

A one-bedroom apartment in an assisted-living facility will cost you $194 per day–or about $71,000 per year. A home health aide will set you back $25 per hour, or $1,000 for a 40-hour week. Not scared yet?

How Should Couples Begin the Estate Planning Process?

Let’s face it: mortality is hard to think about and death is impossible to plan for. What is doable, however, is getting affairs and assets in order to prevent loved ones from inheriting a headache and legal fees in the event of an incident.

Why A Living Will Might Be Part of Your Estate Plan

What are Medical Advance Directives and what is the difference between a Living Trust and Living Will?

Elder Law Estate Planning for the Future

August 15, 2019
Bill O’Leary, Esq.
Asset Protection, Elder Law, Estate Planning, Long-Term Care Planning, Probate and Estate/Trust Administration

You make things easier for the children, by planning for the possibility of a nursing home stay because you take the burden off the children to make crisis decisions for your long-term care costs.

Prior Planning With a Will Always a Better Alternative

Does anyone have a crystal ball that I could borrow? Wouldn’t it be nice to know what our future looks like, so we could be better prepared—but on the other hand, maybe not?

What You Need to Know If Asked to Serve as a Trustee

If asked to be a trustee, anyone, unless previously experienced in this field would not know what the responsibilities are. How much work is involved? What is the time frame? Do I need to prepare tax returns and handle accounts? Can I get help? When do my responsibilities end?

How Much Will Long-Term Care Cost?

August 12, 2019
Bill O’Leary, Esq.
Elder Law, Estate Planning, Long-Term Care Planning

Many people are frightened of long-term care costs—for good reason.

Why You Need a Power of Attorney in Your Estate Plan

A power of attorney is a way for you to designate a person of your choice to make decisions for you.

Blended Family Calls For Protecting Children and New Spouse

According to a study by the Pew Research Center, remarriages are on the rise. Four out of 10 marriages are now remarriages. Half of previously married seniors have remarried again.