Estate Planning

As an Olney inheritance lawyer, I often recommend Irrevocable Life Insurance Trusts (ILITs) to clients looking to protect their family’s wealth. Life insurance is a powerful estate planning tool, but without proper planning, it can become vulnerable to creditors or unnecessarily inflate your taxable estate. Let’s explore how an ILIT can help safeguard your family’s …

How an ILIT Can Help Protect Your Family’s Wealth: Advice from an Olney Inheritance Lawyer Read More »

September is World Alzheimer’s Month. Alzheimer’s disease is a challenging journey, not just for those diagnosed but also for their families. As the disease progresses, it gradually robs individuals of their memory, cognitive abilities, and independence. While this can be a difficult reality to face, proactive estate planning can help ensure that those affected stay …

Planning Ahead: The Importance of Estate Planning for Alzheimer’s Disease Read More »

As a grandparent, you’ve probably spent countless hours doting on your grandchildren, showering them with love, and creating precious memories. But have you considered how you can continue to support and protect them long after you’re gone? As an Olney estate planning lawyer, I’ve seen firsthand how grandparents can play a crucial role in securing …

Grandparents and Estate Planning: How an Olney Estate Planning Lawyer Can Help You Protect Your Grandchildren’s Future Read More »

You’ve poured your heart and soul into your business, but have you considered what would happen if you or your partner suddenly couldn’t continue? As an Olney business planning lawyer, I’ve seen too many thriving businesses falter when faced with unexpected transitions. That’s where a buy-sell agreement comes in – it’s the safety net you …

Buy-Sell Agreements: The Unsung Hero of Business Planning Read More »

Picture this: You’re scrolling through social media when an ad pops up. “AI Can Write Your Will in Minutes!” it proclaims. You think, “Perfect! If AI can pass the bar exam, surely it can handle my simple will, right?” Not so fast, my tech-savvy friend. As an Olney will lawyer, I’ve seen my share of …

AI Wrote My Will… And Now My Family’s in Chaos: An Olney Will Lawyer’s Cautionary Tale Read More »

Imagine you’re at a family reunion, and your eccentric Uncle Bob starts talking about how he’s become a “Trustor.” Your cousin Sarah rolls her eyes, assuming it’s just another one of Bob’s quirky hobbies. But little does she know, Uncle Bob might just be the smartest person at the picnic table. As a Olney trust …

The Trustor: Unsung Hero of Estate Planning – A Olney Trust Lawyer’s Perspective Read More »

Owning a piece of undeveloped land can be an exciting investment, full of potential and possibilities. However, when it comes to including this asset in your estate plan, there are unique considerations to keep in mind. As Olney estate lawyers, we often work with clients to ensure their raw land is properly addressed in their …

What to Know When Including Undeveloped Land in Your Estate Plan: Advice from an Olney Estate Lawyer Read More »

When you decide it’s time to get serious about your future, you might be surprised to learn that you need not one, but two professionals in your corner: an estate planning lawyer and a financial advisor. Many people assume these roles are interchangeable or that one professional can handle it all. Spoiler alert: they are …

The Dynamic Duo of Your Financial Future: How Olney Estate Planning Lawyers and Financial Advisors Collaborate Read More »