What to Do First when Spouse Dies

February 8, 2021
Bill O’Leary, Esq.
Elder Care, Elder Law, Estate Planning, Probate and Estate/Trust Administration

After a loved one dies, their affairs need to be set in order. You might find yourself planning a funeral, paying bills and closing accounts. The list of things you need to do after someone dies can seem endless, especially during a time when you are also grieving.

How Can I Easily Pass My Home to My Only Child?

January 14, 2021
Bill O’Leary, Esq.
Elder Care, Elder Law, Estate Planning, Probate and Estate/Trust Administration

I am a single retired parent to an adult daughter, who is an only child. The home I currently reside for the last 26 years still has a mortgage and the deed is in my name only. I have a will that states everything is left to my daughter, and then to my grandson, if she proceeds me in death. Should my daughter be added to the deed?

Do You Know Your Job as Executor, Agent or Trustee?

December 17, 2020
Bill O’Leary, Esq.
Asset Protection, Elder Care, Elder Law, Estate Planning, Guardianship, Long-Term Care Planning, Power of Attorney, Probate and Estate/Trust Administration

Has a family member or close friend asked you to serve as their executor, trustee or power of attorney? If you accepted the responsibility, do you know what this entails? Have you been given a copy of the documents you were named under? Do you know when you would begin serving in these roles? These are all important questions to ask or consider.

How Should I Go about Researching Assisted Living Facilities?

December 12, 2020
Bill O’Leary, Esq.
Elder Care, Elder Law, Estate Planning, Long-Term Care Planning

Your aging mom is finding it harder to do the laundry or cook dinner. Dad is more forgetful, and he really shouldn’t be raking the leaves out in the front yard anymore. The time is coming when your parents are going to need help with daily living. That means you need to start looking for the right place for them to live.

What Debts Must Be Paid after I Die?

December 9, 2020
Bill O’Leary, Esq.
Elder Care, Elder Law, Estate Planning, Probate and Estate/Trust Administration

If you are concerned about incurring debt after a family member’s death or are worried how your own debt will impact your family, here are some things you should know.

Is Transferring House to Children a Good Idea?

December 8, 2020
Bill O’Leary, Esq.
Asset Protection, Elder Care, Elder Law, Estate Planning, Probate and Estate/Trust Administration

Adding an adult child to your house deed, or giving them the home outright, might seem like a smart thing to do. It usually isn’t.

What Do I Need to Do after the Death of My Spouse?

November 21, 2020
Bill O’Leary, Esq.
Elder Care, Elder Law, Estate Planning, Power of Attorney, Probate and Estate/Trust Administration

The death of your spouse is a period of unimaginable grief. Unfortunately, there are many legal and financial obligations that will not wait.

Did Samsung’s Chairman Have an Estate Plan for his $20.7 Billion Fortune?

November 18, 2020
Bill O’Leary, Esq.
Asset Protection, Elder Care, Elder Law, Estate Planning, Probate and Estate/Trust Administration

The heirs of Samsung Electronics Co. Chairman Lee Kun-hee, who died Sunday, could face billions of dollars in inheritance taxes. However, that doesn’t necessarily mean they’ll have to cede control over the group by selling shares.

Why Did Mary Trump Claim Her Family Stole Her Inheritance?

In a lawsuit against President Donald Trump and his family, Mary Trump alleges that the family committed fraud with her real estate inheritance.

Why you should have a Financial Advisor help with your Estate Plan.

October 23, 2020
Bill O’Leary, Esq.
Asset Protection, Business Planning, Estate Planning, Life Insurance

Why you should have a Financial Advisor help with your Estate Plan. Why should you have a Financial Advisor help with your Estate Plan? Believe it or not, you have an estate. In fact, nearly everyone does. Your estate is…