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Myths About Wills and Probate
Myths About Wills and Probate: An Olney Estate Lawyer Explains What You Need to Know
As an Olney estate lawyer, one of the most common misconceptions I hear from clients is that having a will means their loved ones can avoid probate. Unfortunately, this isn’t the case. Let’s dive into why wills and probate go hand in hand,...
Will Your Family Business Survive the Future
Will Your Family Business Survive the Future? Succession Planning Considerations from an Olney Estate Lawyer
As an Olney estate lawyer, I’ve seen many family businesses flourish across generations. Unfortunately, I’ve also witnessed others falter during transition, not because of market conditions or competition, but due to inadequate succession...
Joint Accounts vs POA
Joint Accounts vs. Power of Attorney: Making the Right Choice for Your Future
While meeting with clients, as an Olney estate planning lawyer, I often hear this question: “Should I add my family member to my accounts as a joint owner, or set up a Power of Attorney?” While adding a joint owner might seem like the simpler...
Beyond Marriage Protection
Beyond Marriage Protection: How Prenuptial Agreements Enhance Your Estate Plan
As an estate planning lawyer in Olney, I often see couples who view prenuptial agreements solely as divorce protection. However, a well-crafted prenup can be a powerful estate planning tool that helps protect both spouses and their children, especially...
Downsizing with Your Children
Downsizing with Your Children's Inheritance in Mind: Advice from a Olney Elder Lawyer
As an elder lawyer in Olney, I’ve noticed a recurring theme when helping families navigate the downsizing process. Parents often struggle to part with possessions because they hope to pass them down to their children. Yet when meeting with adult...