Posts Tagged ‘trusts’
How Does Estate Planning Help Protect those with Mental Health Struggles
It’s important for individuals with mental health issues to work closely with experienced estate planning attorneys and mental health professionals who can provide guidance on creating a plan that addresses their unique needs and circumstances.
READ MORE →Granddaughter Now Sole Custodian of Elvis’ Legacy
It’s another cautionary tale illustrating why talking with your family about your wishes and making sure you work with an estate planning attorney to be sure they are properly executed is important.
READ MORE →The Opioid Epidemic: Using Targeted Trusts
The Opiod Epidemic is back in the news, and is still far reaching in our communities across the country as ever. Every day, more than 115 people in the United States die after overdosing on opioids according to the National Institute on Drug Abuse. In 2016, more Americans died due to opioid overdoses than car…
READ MORE →Protecting Beneficiaries with a Third Party Trust
We are seeing more and more that our nation is struggling with mental illness with the acknowledgment of maternal mental health issues and climbing suicide rates for all ages. In 2020, “more than 87,000 Americans died of drug overdoses over the 12-month period that ended in September, according to preliminary federal data, eclipsing the toll…
READ MORE →Blended Families Require Different Estate Planning Tactics
With Thanksgiving this week, I thought we’d post our blog early. This also seemed like a good time to discuss family, especially blended families which are becoming more and more common these days. According to the American Psychological Association, 40-50 percent of married couples in the United States divorce. The divorce rate for subsequent marriages…
READ MORE →Privacy Matters: Wills Vs. Living Trusts
Wills Vs. Living Trusts. The terms are used interchangeably but are they really the same thing? The quick answer is definitely not. One affords more privacy in the long run than the other. Most of us are not celebrities, but we may for one reason or another want to keep our private matters private, even…
READ MORE →4 Reasons: Estate Planning is a Final Act of Love
Very recently, a close friend’s wife lost her Father. Though his health was not the best, his decline was rapid and unexpected. The family, particularly her Mother, struggled to make choices that honored him, their culture and other family members’ suggestions. To put it plainly, it was chaotic, stressful and unsettling. With Valentine’s Day approaching…
READ MORE →Alzheimer’s Awareness Month & Estate Planning
President Ronald Reagan designated November as National Alzheimer’s Disease Awareness Month in 1983. At the time, fewer than 2 million Americans had Alzheimer’s; today, the number of people with the disease has soared to nearly 5.4 million. That number is expected to increase to 7.1 million Americans by 2025. More than 70 percent of people with…
READ MORE →Why a Single Parent Should ALWAYS Have an Estate Plan
Recently, I learned of a colleague asking for assistance with a sticky situation. His client, a single parent, passed away and an online fundraising account was established, with the funds going to an account in one extended family member’s name. That family member has now left town after gathering money in the name of helping…
READ MORE →FAQ: Interview With Marcus Seiter
Ed. Note: The following is the text of an interview that was conducted by a media source and we thought the answers might be helpful to some doing research about Estate Planning and our office. Please contact us directly for more information. What does an estate planning lawyer do? As an estate planning attorney,…
READ MORE →Estate Planning & Graduates: Financial Strategies
When your graduate crosses the stage this month, they will take the financial reigns from you just as they take their diploma. Here are a few ways to help steer them towards success in their financial future. Summertime is upon us here in Phoenix and so is graduation season. This major transition period for most…
READ MORE →Probate Series (Part 2): 3 Common Ways to Avoid It
As with every aspect of your estate, Seiter Law strongly suggests that you contact an experienced estate attorney to discuss, your assets, the probate process and the laws in your state before trying to limit or avoid probate. That being said, in general these are the most common ways to avoid probate: Joint Tenancy With Right…
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