In the field of estate planning, there are trusts that can be revoked, and others that cannot be dissolved. If you are thinking about the possibility of creating a trust, you would probably feel more comfortable if you knew that you could revoke it if you change your mind. This makes sense on the surface, but there are some very good reasons why an irrevocable trust would be the better choice under some circumstances. Incidents of Ownership To gain an understanding of this subject, you have to … [Read more...]
How a Living Trust Attorney Helps You Protect Your Privacy
A living trust attorney can provide you with help in protecting your privacy as well as the privacy of your heirs or beneficiaries. It is important that you have a plan in place to transfer your wealth that addresses the needs of your loved ones. For many people, one of the key things that they are concerned about when receiving an inheritance is making sure that all of their financial details do not become public record. The creation of a living trust can help to ensure that does not … [Read more...]
Why Young Families Should Work with Essex Junction Estate Planning Attorneys
Essex Junction estate planning attorneys can provide personalized help to people young and old who want to prepare and plan ahead for their future. Unsworth LaPlante, PLLC can help with making an estate plan, an incapacity plan, a retirement plan, and a legacy plan. While far too many people think they do not need to talk with Essex Junction estate planning attorneys unless they are older, it is actually very important for young families to get legal help. Unsworth LaPlante, PLLC can offer … [Read more...]
What Probate Lawyers Want Executors to Know
Probate lawyers can provide help to anyone involved in the probate process. Heirs or beneficiaries should get proper legal help to make sure that their inheritance is managed properly during this process, and those who believe a will is not a valid reflection of the wishes of the deceased should also get legal help to ensure they have the best chance to contest a will and win their argument. The most important person who needs to get legal help, however, is the executor of an estate. The … [Read more...]
How to Make Sure You Get High Quality Nursing Home Care
Medicaid planning attorneys are here to help you make sure you can get the nursing home care you may come to require as you get older or if you get sick. There's a good chance of ending up in a nursing home, as around 70 percent of people who reach the age of 65 will need at least some care in a home during the rest of their lifetimes. You don't want your family scrambling to find a care facility and figure out how to pay for it at the time when you've just suffered a medical health crisis. … [Read more...]
When is an Equal Inheritance Actually Unfair?
Estate planning attorneys work with you to understand what your goals are with regards to protecting your family and building your legacy. We can then help you to take steps — including making use of the right legal tools — to achieve the goals that you have set for yourself. Many people who work with estate planning attorneys indicate they want to make sure they are fair to their heirs or beneficiaries. For example, people may want to provide all of their children an equal inheritance. … [Read more...]
Why Do So Many People Need to Make a Medicaid Plan?
Burlington Medicaid lawyers can provide help with the creation of a Medicaid plan. Many people do not realize how important it is to make a Medicaid plan until it is too late. If you have not been proactive in making sure you can get Medicaid to cover you, you could experience substantial financial loss. The reality is, a substantial number of people do need to make a Medicaid plan, and to find out if you are one of them, you should reach out to Unsworth LaPlante, PLLC today. Our Burlington … [Read more...]
Benefits of Burlington Trust Administration Over Probate
A Burlington trust administration attorney can work with you if you are involved in the trust administration process. We represent the trust administrator as well as heirs or beneficiaries who expect to inherit money or property that is held in trust. Our legal team can also provide assistance with the trust creation process and can help you to determine if creating a trust is the best course of action for your particular situation. Many people create a trust specifically because they would … [Read more...]
Five Reasons to Create a Trust
Burlington trust attorneys can help you to decide if trust creation is the right choice for your estate planning or for your asset protection goals. We can also help you to choose between different types of trusts, including a revocable living trust and an irrevocable trust, and can assist you in understanding when you might need to create a special kind of trust such as a special needs trust. Many people don't realize that trust creation could be beneficial for them. It's very common for … [Read more...]
A Living Trust is Key if You’re the Family Breadwinner
Living trust attorneys can provide you with help making plans to provide for your family in case something should happen to you. It is important for everyone to make a plan to provide for their loved ones. However, if you are the family breadwinner and you have people who count on your income, it becomes even more important for you to put the right plans in place so your family does not experience a dramatic decline in their quality of life if something happens and you are no longer there to … [Read more...]
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