Finding love later in life is a beautiful thing. But sometimes, the realities of life and past decisions can throw a wrench into the fairy tale. A common scenario I encounter as an Olney estate lawyer involves couples where one spouse moves into a home owned by the other’s adult children. Finding love later in …
Olney Estate Lawyer: Protecting Your Home (and Your Heart) in Later-Life Marriages Read More »
As a single parent, your plate is already full. You’re juggling work, childcare, school activities, and maybe even a bit of “me time” (if you’re lucky!). It’s understandable that estate planning might not be at the top of your to-do list. But let’s face it: one of the biggest worries for single parents is, “What …
Olney Estate Planning: Protecting Your Children When You’re Their Only Parent Read More »
Many Americans unknowingly own mineral rights, or have the potential to inherit them. These rights encompass resources like oil, gas, precious metals, and more. Even if you don’t live in a traditionally “mineral-rich” area, these rights can be passed down through generations, creating a surprise windfall, or posing a complex estate planning challenge. What are …
Hidden Wealth: Planning for Mineral Rights in Your Olney Estate Plan Read More »
Starting the IVF process opens a world of excitement and hope for many couples. But amidst the anticipation, a sometimes uncomfortable reality emerges: what happens to the remaining embryos or genetic material if one or both parents die? A Deeply Personal Decision This is a deeply personal decision with strong opinions on all sides. The …
Being named a trustee is an important responsibility, but sometimes life throws unexpected situations your way. When a loved one is hospitalized and you have to step into the trustee role, you might feel overwhelmed and uncertain about what lies ahead. Here’s a guide on how to navigate your new responsibilities and ensure your loved …
As a parent, you want nothing more than for your children to get along. But the reality is, sibling relationships can be complex and sometimes fraught with disagreements. When planning your estate, facing the prospect of your children arguing about your legacy is incredibly stressful. Rest assured, there are ways to structure your estate plan …
Losing a loved one is an incredibly difficult experience, and amidst the grieving process, there are practical matters that need attention. Here are five essential steps to take after the passing of a loved one: 1. Notify Close Family and Friends: Begin by informing immediate family members and close friends about the passing of your …
You’ve found your dream home and your offer’s been accepted – this is an exciting time! As you approach closing, your agent, attorney, or title company will ask how you’d like to hold the title to the property. While individual ownership is common, placing your new house into a trust right from the start has …
New Home Contract? Now’s the Time to Consider a Trust – Consult an Olney Trust Lawyer Read More »
The word “trust” gets used quite broadly, creating potential confusion. While a “living trust” is a widely discussed instrument for estate planning, it’s crucial to understand that not every trust is a living trust. Below our Olney estate planning lawyer breaks down the key distinctions. What is a Trust? Simply put, a trust is a …
Are All Trusts Living Trusts? An Olney Estate Planning Lawyer Explains Read More »
Retirement accounts, such as 401(k)s and IRAs, are often significant components of your financial portfolio. But do you know who will inherit these funds when you pass away? It’s a crucial aspect of estate planning that deserves attention. Here, an Olney inheritance lawyer offers expert insight into how retirement accounts are handled after your death. …
Understanding Retirement Account Beneficiaries: Guidance from a Olney Inheritance Lawyer Read More »
