Burlington elder law attorneys provide assistance in making an estate plan that is appropriate for whatever your situation.Your personal family situation can have a profound impact on the type of planning that you need to do, so you should make certain that you get personalized help with using tools like wills, trusts, and powers of attorney to protect your assets and to protect your family. One of the most common situations which can create estate planning complications is a re-marriage. If … [Read more...]
What to Know About Being a Trust Beneficiary
Burlington elder law attorneys can help you to plan for the best way to leave an inheritance for loved ones. We can also provide assistance to heirs or beneficiaries who want to protect their inheritance, and who want to understand the process for how their inheritance will transfer onto them. One situation where it is especially important to get legal help is when a trust is used to transfer assets onto new owners. Trusts can be a powerful estate planning tool, but you want to ensure you … [Read more...]
3 Ways a Living Trust Can Benefit You
A Burlington living trust lawyer can help you to understand what legal tools you can use to keep your assets and your family protected. Trusts are versatile tools that can be very useful in reducing the risk of wealth being lost. Trusts can also be very beneficial if your goal is to provide financial help and support or to provide gifts of money and assets to family members. There are different kinds of trusts, with various pros and cons to each, so if you are thinking about trust creation, you … [Read more...]
What if You Make the Wrong Type of Trust?
Burlington living trust attorneys provide the type of comprehensive advice and assistance that you need to use trusts effectively to protect your family and assets. Trusts are a versatile, powerful legal tool but there are different kinds of trusts and making the wrong type of trust could end up being a big problem. Because trusts often provide very important protections – and because trusts are created for a reason – you cannot afford to make mistakes with any aspect of trust … [Read more...]
How Often Should You Meet with Burlington Elder Law Attorneys
Burlington elder law attorneys can help you to ensure that you have an up-to-date plan in place for what will happen if you become incapacitated. An experienced attorney can also help you to make an updated legacy plan and can assist you in making a financial plan that is appropriate to your life situation. Because elder law attorneys do many different things to help you be prepared for your future and protect your family, it is important that you meet with an elder law attorney when you are … [Read more...]
Do You Need to be Rich to Create a Living Trust?
A Burlington living trust lawyer can provide help with the creation of a living trust, or a revocable living trust as it is also called. A living trust is a powerful and versatile legal tool that can offer important protection for your assets and for your heirs or beneficiaries. However, a living trust is not right for everyone so you need to know what this kind of trust does to decide if you should create one. Many people believe that creating a living trust, or creating any type of trust, … [Read more...]
Estate Planning Tips for Unmarried Couples
Burlington elder law attorneys can provide comprehensive estate planning help to unmarried couples. Marriage confers many advantages, including the possibility of avoiding estate tax by leaving assets to a spouse. Being legally wed makes estate planning much easier in many ways, because your marriage means that there is an official and legally recognized relationship that the state acknowledges. If you are in a committed relationship and do not wish to marry for any reason, you will need to make … [Read more...]
Who Takes Care of Estate Assets During Probate?
Burlington estate planning attorneys will provide assistance during the probate process. One of the issues that our experienced attorneys help you to address is what your responsibilities are during the probate process. You want to ensure that you fulfill your obligations to the deceased person (the decedent) and that you understand the specific role you must play during probate. The duties that you have – and the rights that you have - will vary depending upon whether you are the executor … [Read more...]
Can You Disinherit a Spouse?
Burlington elder law attorneys help married couples and single individuals to make plans for what will happen to their property after death. In many cases, when two people are married, they will create simple wills leaving most or all of their assets to each other. In some cases, however, a person who is married may not necessarily want to leave a lot of his or her wealth to a surviving spouse. This could occur for a number of reasons, including the spouses being estranged but not divorced or … [Read more...]
Shortage of Primary Care Doctors Looms for Vermont
A Vermont Medicaid attorney can provide assistance in qualifying for Medicaid by taking steps to protect your assets so your wealth does not disqualify you from getting covered. It's important to make a Medicaid plan as you get older, as you may require costly nursing home care and Medicaid may be the only source of payments for that care. Medicaid not only provides for the costs of nursing home care, but it can also help beneficiaries of all ages to afford healthcare services that they may … [Read more...]
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