You’ve spent your life working to amass wealth in the hopes of having some money to live on during your retirement. If you’re like most people, you also want to pass on some of that wealth to your children and grandchildren. However, there is always the threat of chronic illness and the need for long-term…
Tracy Craig, Chair of the firm’s Trusts and Estates Practice Group, recently published an article featured in Kiplinger, “How to Handle Estate Planning for Multigenerational Living Arrangements“. In this notable article, Tracy delves into the complexities that arise when multiple generations cohabitate on a shared property. She adeptly addresses crucial matters such as ownership concerns,…
If you own vacation property, it should be included in your estate plan. The failure to account for this significant asset can upset an estate plan and create complications for surviving family members. At Seder Law, we take a comprehensive approach to our estate planning strategies. Our objective is to help you have peace of…
If you create a last will and testament to handle your estate and last wishes, you probably assume that document is ironclad and will be immune to any legal challenge. After all, it’s called a last will and testament – meaning it should be the final say in how your assets will be distributed upon…
Estate planning can be an important tool for accomplishing an individual’s charitable goals. Charitable giving via an estate plan provides the inherent rewards of supporting causes you believe in while also allowing the donor to benefit from tax deductions. General concerns about charitable giving An attorney can assist with all legal considerations that attach to…
Leaving an inheritance for your family is one of the best ways to create an enduring legacy and honor the ones you love. But not all assets are created equal. There are complexities and uncertainties attached to many assets that make it both difficult to create an estate plan and execute it later. Making sure…
Having a comprehensive estate plan is essential to preparing for your and your family’s future. But not everyone knows when to create – or update – one. On top of that, the topics that come up during this process are often considered to be morbid. This leads many individuals to avoid the subject entirely, which may put…
Estate planning is a challenge, especially when done on behalf of a child or other relative with special needs. There are different considerations involved and therefore different objectives compared to standard estate planning. If you have a child or loved one with a disability or mental limitation, you should consider working with an attorney who has…
Choosing an executor is one of the most important decisions you will make as you create your comprehensive estate plan. The executor’s responsibilities are numerous and must be fulfilled diligently if your estate is to be properly managed. Not everyone is up to the task or even willing to serve as an executor. What are…
Ideally, a last will and testament will accurately represent the final wishes of the testator (that is, the individual who executes the will). But in some cases, there is evidence that suggests the will is invalid. Where there is reason to suspect the legitimacy of a will, there is a possibility that someone can challenge…
