Beautiful colorful leaves are still hanging on many trees. Days and nights are cooler. It has been raining here in Western North Carolina. The lights of the day are shorter. Even on the clock, we have “fallen back” one hour. Fall is definitely here. The long warm days of summer with the bright green leaves... [Read More]
Category: Elder Law
Steve Teaches CE Class – “More on Mental Incapacity in Estate Planning”
Steve will teach a Continuing Education Class – “More on Mental Incapacity in Estate Planning” on Wednesday, September 30, 2015 at 8 a.m. at The Biltmore Building to Financial & Insurance Professionals, Accountants, and Elder Care Professionals. We will look at legal options regarding Mental Incapacity and what can be done to provide the least... [Read More]
Super Charge Your Inheritance, part 2
Life Insurance can be a way to “Super Charge” your inheritance. For example, you may spend some thousands of dollars in life insurance premiums, but that may provide hundreds of thousands or even millions of dollars in death benefits when you pass on. If you have a good income stream, or you have a good... [Read More]
What We Really Fear in Our Estate Plan
Many clients come into the office concerned more about the delay, costs and publicity of Probate Court, or potential tax issues. But as they start to open up about their real concerns about leaving inheritance, the concerns are about what if they become mentally disabled? What if their spouse remarries – will their assets go... [Read More]
Remarriage & Estate Planning
Sixty-six year old musician Billy Joel married his 34-year-old girlfriend on July 4th. When someone who has been married before, has children from a previous marriage, and their own assets, they will have to account for the remarriage in their Estate Plan. They may do a new Living Trust aka Revocable Living Trust. They also... [Read More]
Independence Day – Where We Come From
Independence Day celebrated on the 4th of July commemorates the adoption of the Declaration of Independence on July 4, 1776, declaring independence from England. One has to remember that this country was founded when ordinary men like you and I took their hunting rifles and fought the powerful professional soldiers of the British Army. America... [Read More]
Gather Ye Rosebuds
There is a poem that starts “Gather ye rosebuds while ye may, Old Time is still a-flying;” The poem refers to how quickly life is moving and how quickly time is passing. My Dad would say “The older we get, the faster time moves”. I did not really understand that until I got into my... [Read More]
Saints Owner Tom Benson Completes the First Week of Competency Trial
87 year old billionaire Tom Benson’s Competency Trial ended its first week. It’s expected to pick back up soon. The lawsuit in essence is a power struggle between Tom Benson’s daughter and Tom Benson’s third wife over control of the NFL New Orleans Saints and NBA Pelicans professional sports teams. They are Mr. Benson’s primary... [Read More]
Summer Travel and Heathcare Authority
Summer is when many Americans are traveling out-of-state. They are on vacation to new places or to visit with loved ones or family. As we cross state lines one concern is that our Healthcare Power of Attorney a/k/a Healthcare Proxy might not be accepted in another state. For example if you have a Healthcare Power... [Read More]
Where We Come From
Memorial Day is to remember those who have died while fighting for our country. Today we think of the professional soldiers of the Army, Navy, Air Force, Marines, and Coast Guard. One has to remember that this country was founded when ordinary men like you and I took their hunting rifles and fought the powerful professional soldiers... [Read More]