C19 UPDATE: Coronavirus Got You Thinking About a Will? That Might Not Be Enough.

April 22, 2020
Bill O’Leary, Esq.
Asset Protection, Elder Law, Estate Planning, Power of Attorney, Probate and Estate/Trust Administration

Amid the climate of uncertainty surrounding the coronavirus pandemic that is sweeping the nation, people are grappling with the difficult subject of estate planning … and not taking any chances.

Do I Need to Be Wealthy to Set Up a Trust?

April 22, 2020
Bill O’Leary, Esq.
Asset Protection, Business Planning, Elder Law, Estate Planning, Life Insurance, Power of Attorney, Probate and Estate/Trust Administration

If you've heard of trust funds but don't know what they are or how they work, you're not alone. Many people know just one key fact about trust funds: they're set up by the ultra-wealthy as a way to protect passing on significant sums of money to family, friends or entities (charities, for example) after they pass away.

Massive Changes to RMDs from Stimulus Plan

April 20, 2020
Bill O’Leary, Esq.
Asset Protection, Elder Law, Estate Planning

Here are the highlights of the most recent tax changes found in the $2 trillion coronavirus relief bill, which the Senate has approved, and the House recently passed.

The Coronavirus Pandemic Presents Ample Reasons to Reevaluate Your Estate Plan

April 18, 2020
Bill O’Leary, Esq.
Asset Protection, Elder Law, Estate Planning, Power of Attorney, Probate and Estate/Trust Administration

The Coronavirus Pandemic Presents Ample Reasons to Reevaluate Your Estate Plan The coronavirus health emergency is a reminder that life is unpredictable, and it makes sense to be prepared. It may sound self-serving, but the threats to life and finances…

C19 UPDATE: CDC Recommends Care Plans for Both Older Adults and Caregivers

April 17, 2020
Bill O’Leary, Esq.
Asset Protection, Elder Law, Estate Planning, Guardianship, Long-Term Care Planning, Power of Attorney

During the COVID-19 pandemic, having a care plan is an important part of emergency preparedness for older adults and their caregivers.

If Not Now, When? Is It the Time for Estate Planning

April 16, 2020
Bill O’Leary, Esq.
Asset Protection, Estate Planning, Power of Attorney, Probate and Estate/Trust Administration

Estate planning attorneys are getting mobbed with questions. Here is some timely advice from three attorneys on what families and business owners should be doing to prepare, in case the unimaginable happens.

How to Assist Aging Parents During the Pandemic

April 15, 2020
Bill O’Leary, Esq.
Asset Protection, Elder Law, Long-Term Care Planning

How to Assist Aging Parents During the Pandemic If your parents are getting on in years, you may be helping them with their finances and other matters, such as medical visits and shopping. You may live close by and be…

Why Is Estate Planning more Complicated with a ‘Gray Divorce’?

April 15, 2020
Bill O’Leary, Esq.
Asset Protection, Elder Law, Estate Planning, Long-Term Care Planning, Power of Attorney, Probate and Estate/Trust Administration

Rising divorce rates among Americans over the age of 50 are causing more conflict in estate planning, new data shows. According to a recent survey by TD Wealth, up to 40% of financial planners say that rising gray divorce rates are leading to an increase in family strife with estate planning as the top conflict.

C19 UPDATE: Confused About Coronavirus Relief for Small Businesses and Independent Contractors?

April 14, 2020
Bill O’Leary, Esq.
Asset Protection, Business Planning, Estate Planning

Many small companies, nonprofits and freelancers are eligible for federal grants and low-interest loans. But confusion, delays and red tape abound.

Do You Think Everything Is All Set with Your Estate Plan?

April 10, 2020
Bill O’Leary, Esq.
Asset Protection, Elder Law, Estate Planning, Power of Attorney, Probate and Estate/Trust Administration

You’ve considered how you want your estate to be distributed after you die. Hopefully, you’ve even written a will to make sure your wishes will be followed. So, your estate is planned…right?