Executor & Trustee Guidelines

Executor & Trustee Guidelines If you have been named executor of a will or trustee of a trust, these guidelines can help you understand what's expected of you in the process. The executor (sometimes referred to as executrix for females)…

How Much Should A Trustee Be Compensated?

February 24, 2022
Bill O’Leary, Esq.
Estate Planning, Probate and Estate/Trust Administration, Successor Trustee

How much should a trustee be compensated? By Elissa Suh How much should a trustee be compensated? Trustee fees vary based on who the trustee is and the complexity of administering the trust. Trustees are an integral part of estate…

Special Needs Trusts and How They Can Benefit Seniors

January 21, 2022
Bill O’Leary, Esq.
Elder Care, Elder Law, Long-Term Care Planning

Special Needs Trusts and How They Can Benefit Seniors Posted October 13, 2016 in Disability Services Articles, Elder Law Articles by Michael B. Bridges; Dobson, Jones, Ball, Phillips & Bridges, P.A., Attorneys at Law A special needs trust is a trust created for an individual who has special…

The Role of a Successor Trustee After the Trust Creator Dies

August 26, 2021
Bill O’Leary, Esq.
Estate Planning, Probate and Estate/Trust Administration

The Role of a Successor Trustee After the Trust Creator Dies BY JULIE GARBER REVIEWED BY TOBY WALTERS Updated July 04, 2020 The Role of a Successor Trustee After the Trust Creator Dies. When you set up your revocable living…

How Do I Manage a Will and Trust

How Do I Manage a Will and Trust A last will and testament is used to point out the beneficiaries and trustees and the legal professionals you want to be involved with your estate when you have passed, explains this…

Get Estate Plan in Order, If Spouse Is Dying from a Terminal Illness

March 17, 2021
Bill O’Leary, Esq.
Elder Care, Elder Law, Estate Planning, Life Insurance, Long-Term Care Planning, Power of Attorney, Probate and Estate/Trust Administration

Planning for the death of a spouse is difficult and painful. It involves conversations that we don’t want to have.

Planning Future for Nontraditional Families

March 3, 2021
Bill O’Leary, Esq.
Blended Family, Divorce, Estate Planning, Non traditional families, Prenuptial Agreement, Second Marriage Planning

Some people are concerned that the new conservative 6-3 majority on the Supreme Court will roll back protections for non-traditional families. Regardless of the decisions at the Supreme Court, or the impact on the state family courts, there are many ways that non-traditional families can maintain control.

Can You Amend a Power of Attorney?

If the durable power of attorney can't be transferred, what needs to be done to establish a new durable power of attorney for my aunt despite her mental incapacity?

How to Plan for a ‘Fragile’ Beneficiary

February 6, 2021
Bill O’Leary, Esq.
Asset Protection, Elder Care, Elder Law, Estate Planning

Today, estate planning can encompass more than addressing your potential tax exposure. It frequently requires protection of a “fragile beneficiary,” who can include family members with disabilities, individuals struggling with addiction, spendthrifts and even minors and there are planning options available to do so.

Wealthy Women Face Challenges in Estate and Tax Planning

Given the expectation the Biden administration will roll back some of Trump’s favorable policies of the past four years, tax consultants and accountants are already hard at work. But for HNW women, dealing with election fallout is minor, compared to the bigger fish they have been frying in the tax pan for decades.