Fearing COVID-19, Older People Alter Their Living Wills

May 23, 2020
Bill O’Leary, Esq.
Elder Law, Estate Planning, Power of Attorney, Probate and Estate/Trust Administration

Fearing COVID-19, Older People Alter Their Living Wills Fearing COVID-19, Older People are Altering Their Living Wills. Minna Buck, 91, had been following the craze surrounding COVID-19. Last month, Buck decided to revise a document specifying her wishes if…

What Should I know about Financial Powers of Attorney?

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

Has a loved one named you their financial power of attorney? Are you ready to take on all the responsibilities that entails? Hopefully, you won’t be called into action anytime soon, but with the coronavirus pandemic continuing, it’s something to think about.

What if I Don’t Have a Will in the Pandemic?

Until now, you may have viewed writing a will as something you’d get around to doing someday. However, because of the vicious coronavirus, it’s time to treat writing a will as something every bit as important as washing your hands and using hand sanitizer, considering the potential consequences of not doing those things.

How Low-Interest Rates Create Estate Planning Opportunities

A more present sense of one's own mortality may drive those who have not made plans before to begin the process of creating an estate plan. For those who have existing plans, are they up to date? How does the changing economic environment affect prior decisions?

100 Things to Do While Stuck Inside Due to a Pandemic

May 10, 2020
Bill O’Leary, Esq.
Estate Planning, Power of Attorney, Probate and Estate/Trust Administration

100 Things to Do While Stuck Inside Due to a Pandemic As concerts are postponed, sporting events are canceled, schools are closed and tourist hot spots are shut down, experts recommend that even those who show no sign of illness stay home during…

Don’t Give Your Adult Kids Your House

May 9, 2020
Bill O’Leary, Esq.
Asset Protection, Elder Law, Estate Planning, Power of Attorney, Probate and Estate/Trust Administration

Don’t Give Your Adult Kids Your House Gifting a house outright to an adult child or adding them to the property's deed may avoid the hassle of probate, but doing so may bring along its own slew of issues. These…

What Does It Mean to Be an Elder Law Attorney?

What Does It Mean to Be an Elder Law Attorney? As we age, changes to our body, our health, our financial picture, and our family is ever-evolving. When we were young, we didn’t worry about infirmity, incapacity, or how we…

Why Gifting during Volatile Markets Makes Sense

The recent decline in asset values may make gifting a more attractive estate planning technique for many individuals, especially if you are considering gifts of stock or other non-cash assets.

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…

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.