As part of the Estate Planning process, an attorney explores numerous topics with the client to help create a unique plan tailored to the client’s circumstances. Many estate plans use a trust as the centerpiece of the plan. Inevitably, clients want to understand the degree, if any, of asset protection that will result from the creation of a trust. There are numerous ways to achieve asset protection planning for a client. Read on to learn more. … [Read more...] about The Intersection of Asset Protection Planning and Estate Planning – Part I
One of the most difficult decisions you may ever be faced with is choosing a nursing home for your parent. Recognizing that nursing home care is necessary to keep your parent safe and healthy does not make the task much easier. Once the decision has been made, however, the next step is to choose the best facility. The process of choosing a nursing home can be emotionally and physically exhausting given that your parent’s health and happiness are at stake. To get you started, the Essex Junction … [Read more...] about How to Pick the Right Nursing Home
Most people incorporate a variety of tools and strategies into their estate plan to ensure that they achieve all their estate planning goals. A trust is among the most common of those tools. Given the complexity of a trust agreement, you should always work with an experienced estate planning attorney when creating a trust to avoid making common mistakes. To help you better understand, the Essex Junction trust attorneys at Unsworth LaPlante, PLLC discuss trust creation mistakes you should try to … [Read more...] about Trust Creation Mistakes to Avoid
If you were recently appointed to be the Trustee of a trust and you have never served as a Trustee, you likely have several questions about your duties and responsibilities as a Trustee. Whether or not you need to hire an attorney to help you administer the trust is probably at the top of that list of questions. There is no legal requirement obligating a Trustee to retain the services of an attorney; however, the Essex Junction trust administration attorneys at Unsworth LaPlante, PLLC explain … [Read more...] about Should I Hire a Lawyer to Help Me Administer a Trust?
There is a significant chance you will need to qualify for Medicaid during your retirement years to cover the high cost of long-term care. If so, the Medicaid eligibility guidelines could prevent you from qualifying if you did not plan accordingly. To help make sure you are eligible if you need to qualify, the Essex Junction Medicaid planning attorneys at Unsworth LaPlante, PLLC explain the Vermont Medicaid eligibility guidelines for seniors. Why Would I Need Medicaid When I Am a … [Read more...] about Vermont Medicaid Eligibility for Seniors
If you have a parent, grandparent, or other older family member who is starting to show signs of physical and/or mental deterioration, the fear of Alzheimer’s may loom large. Maybe your loved one has already been diagnosed with the early stages of dementia and you do not know what to expect in the future. Although we often use the terms “dementia” and “Alzheimer’s” interchangeably, they are not the same thing. An Essex Junction elder law attorney at Unsworth LaPlante, PLLC explains dementia and … [Read more...] about Are Alzheimer’s and Dementia the Same Thing?
Despite understanding the importance of having an estate plan, over half of all Americans do not have one. At least one reason for this phenomenon is the simple fact that estate planning can seem rather mysterious and confusing to the average person. Both the tools and concepts used in estate planning are things most people have never come across before and, therefore, know nothing about. To help take some of the mystery out of creating an estate plan, the Essex Junction estate planning … [Read more...] about Common Estate Planning Questions Answered
When it comes to retirement planning, where you live can significantly impact how far your retirement income stretches. That, in turn, affects how comfortably you live out your retirement years. It is precisely for this reason that a growing number of retirees decide to move outside of the United States when they retire. If you are one of them, you will need to choose your retirement country. To help you decide, the Essex Junction elder law attorneys at Unsworth LaPlante, PLLC discuss some of … [Read more...] about Best Countries for Retirement
Whenever a client’s Estate Plan deviates from the expected disposition, it raises questions for the slighted beneficiaries. These questions usually revolve around methods to have the plan overturned. Most states give clients tools to protect their carefully crafted plans, even after their death. Read on to learn more. … [Read more...] about Understanding Undue Influence – Part II
As more and more individuals get comfortable in the digital world, Estate Planning has evolved to address the collection and transfer of digital assets. The widespread use of a legacy contact and password managers gives owners of digital content control in determining what happens to the digital information after they die. Read on to learn more. … [Read more...] about Death and Your Digital Footprint