» Estate Planning
When to Update Your Will and Related Powers of Attorney
November 18th, 2024
As estate planning attorneys often tell clients, your estate plan is not “set it and forget it.” It reflects your assets, goals, and needs at the time you create it. But let’s face it: life changes. We marry and divorce. Family members are born…
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Categories: Estate Planning
Joint Ownership of Real Estate: Good Idea, or Potential Disaster?
September 16th, 2024
For many people, the largest asset they own is their home or other real estate. One question we often receive from clients is whether they should put an adult child or other family member “on the deed” to their property to make estate planning si…
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Categories: Estate Planning
Talking About Your Estate Plan with Your Family
May 15th, 2024
If you’ve made an estate plan, or even just called a lawyer to get the process started, congratulations! You’re already ahead of the majority of American adults: roughly ⅔ of them do not have an estate plan. But just making an estate plan is on…
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Categories: Estate Planning
Family Business Succession Planning
March 15th, 2024
Family Business Succession Planning A family business is more than a source of income. It can also be a source of connection, a source of pride, and a legacy to hand down to future generations. But like passing the baton in a relay race, the successf…
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Choosing a Personal Representative for Your Estate
January 16th, 2024
You can’t take it with you—so you need to choose someone to manage it for you when you’re gone. That person is the personal representative of your estate, sometimes referred to the executor (if you had a will) or the administrator (if you didn…
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Categories: Estate Planning
Lessons From Celebrity Estate Planning Fails
November 15th, 2023
Celebrities—they’re just like us! That’s certainly true in some ways, if not all (most of us can’t afford to drop a million dollars on hairstyling or a single comic book). Sadly, one of the things many of the rich and famous have in common wi…
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Categories: Estate Planning
New Mexico’s End-of-Life Options Act
September 15th, 2023
Death is something few people like to think about. Most of us hope we will pass peacefully and painlessly at the end of a long fulfilling life, surrounded by our loved ones. Unfortunately, too many people face an agonizing death after an excruciating…
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Categories: Estate Planning
Three Advantages of Having a Living Trust
July 13th, 2023
In recent decades, living trusts have become an increasingly popular estate planning tool. What is a living trust, and why are so many people turning to these trusts to manage and distribute their assets? In this blog post, we’ll give some backgrou…
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Categories: Estate Planning
What to Do After a Loved One’s Death
May 16th, 2023
The death of a loved one, whether suddenly or after a long illness, is never easy. If you are reading this article because you have recently lost someone close to you, please accept our condolences. We hope this blog post will provide information tha…
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Will Your Family Know (and Respect) Your Funeral Wishes?
March 15th, 2023
Everyone should have control over how they are memorialized and how their remains are handled after their death. Generations ago, this was less of an issue. There were simply fewer options, and families tended to have similar values. Everyone knew an…
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Categories: Estate Planning