One of the primary reasons for trust creation is the fact that when you have created a trust, the assets held within the trust can pass through the trust administration process. The trust administration process is more private, faster, easier, and less costly than the probate process, which Investopedia estimates can take around a year to complete and can cost up to three percent to seven percent of the value of the estate. The trust administration process should also be able to take place … [Read more...]
Medical Care is Expensive for Seniors, Even With Medicare
Burlington Medicaid planning attorneys can provide assistance making sure that covering the costs of medical care is possible during your senior years. Seniors become eligible to receive Medicare coverage at the age of 65 and many people mistakenly believe that once they become eligible for Medicare, they will not need to worry about healthcare costs any more. Unfortunately, this is not actually the case -- there are many types of essential care for seniors that Medicare pays nothing for at … [Read more...]
What Executors Must Know About the Probate Process
Burlington probate lawyers can provide representation to those who are going through probate after a death has occurred. Going through the probate process can be stressful and complicated after a death, particularly because it can be such a long process with Investopedia estimating probate lasts around a year. While all parties involved in probate may find the court proceedings and lengthy process to be burdensome, the person with the most responsibilities during the entirety of the probate … [Read more...]
How Can You Find Burlington Estate Planning Lawyers to Help You?
Burlington estate planning lawyers can provide you with invaluable assistance making plans for your future. There are many ways that attorneys can help you to protect your interests as you grow older and can help you to ensure you are able to provide for your loved ones after you are gone. However, you need to make certain you find a lawyer who will provide the service and support that you are looking for. Unsworth LaPlante, PLLC is here to help you. We will work closely with you to … [Read more...]
When is a Will Not Enough?
Burlington estate planning attorneys assist you in understanding the legal documents and tools that need to be part of your plans for your legacy. We also help you to create a comprehensive plan and to make sure the documents and tools you utilize are legally valid and will provide the protections that you expect. Unfortunately, there are far too many people who never reach out to a compassionate and knowledgeable legal professional to get the help they need to make a comprehensive estate … [Read more...]
A Special Option for Special Kids
When planning for children with special needs, it takes special care to preserve their eligibility for public benefits. An ABLE account is a new way to preserve eligibility while gaining tax advantages. Read on to learn more about this new tool in planning for those who were disabled by age 26. A Special Option for Special Kids … [Read more...]
How to Make a Plan to Protect Your Pets
Burlington estate planning attorneys can offer you assistance and advice in making plans to protect your loved ones in case something happens to you. When you think about the plans that you want to make in order to protect your loved ones, you need to consider not just what will happen to the human members of your family, but also whether you have a plan in place for any animals who are under your care. Your pets depend upon you for their safety and security and they can end up in a very … [Read more...]
What Special Legal Issues Do You Face with a Large Estate?
Estate planning attorneys provide guidance with taking control over the legacy that you want to leave behind. There are many issues that can arise that affect your ability to provide a desired inheritance to your chosen heirs or beneficiaries. Problems and complications can arise with any size estate during the probate process, which is why it is so important for those making an estate plan or for individuals going through the probate process to work with an experienced attorney to help reduce … [Read more...]
Why Asset Protection is More Important if You’re Getting Older
Medicaid lawyers assist you with getting qualified for Medicaid. Qualifying for Medicaid can sometimes be vital in order to protect your assets. When you work hard to acquire wealth and build a nest egg, you want to make sure that your money is protected and is able to be passed on to the people that you love. As you get older, there are more risks to your wealth, so you need to work with a compassionate and knowledgeable legal professional to get an asset protection plan in place. … [Read more...]
How Your Family Situation Affects Your Plans for Your Legacy
Estate planning attorneys can assist you in making a plan for your legacy that meets your goals and that allows you to make the contributions you hope to make towards your family's future and towards the causes that you care about. Making a personalized legacy plan is very important because your situation is unlike anyone else's. You have your own unique goals, your own types of wealth, and your own family dynamics and you need to ensure that your plan is designed to meet your specific … [Read more...]
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