Today I attended a seminar regarding trusts, specifically, using special needs trust for an individual with a disability.
Helping those who need it most
Tag Archive: Estate Planning
Arcane legal theory used in Michigan inheritance issue
The Rule Against Perpetuities is every law student’s nightmare. Dating back hundreds of years, the Rule is meant to prevent an estate proceeding from dragging on endlessly, requiring a property interest conveyed in a will to vest, if at all, within 21 years of the death of individuals already in existence at the time of…
Elderlaw & Disability Conference
On friday march 4 I attended the ninth annual elder law & disability conference. Lots of good info on medicaid, healthcare, and other important topics.
Article illustrates the danger of joint ownership: son’s creditors took his mother’s life savings
Many, many people use joint ownership as a cheap, do-it-yourself method to avoid probate or hiring an attorney to draft an estate plan. Unfortunately, it often has consequences that may not be apparent until it’s too late. For example, joint ownership can expose both parties to claims from one of the owner’s creditors, which is…
Palliative Care Helps Improve Quality of Life for Sick Patients
“Integrating palliative care early in the treatment of patients with advanced lung cancer not only improved their mood and quality of life, it also extended their lives.” That’s the finding of a new medical study. Palliative care is an important consideration for end of life care and should be among the options considered in durable…
1 in 4 elderly need care decisions made for them
By STEPHANIE NANO (AP) NEW YORK — A significant number of the elderly — more than one in four — will eventually need someone to make end-of-life decisions about their medical care, a new study suggests. The results illustrate the value of people making their wishes known in a living will and designating someone to…
My latest article
My latest article “Estate Planning Overview: Wills and Trusts, What You Need to Know” was just published in a local magazine. The link to the article is http://www.cosozo.com/newsletter_pages/2010/january_10/05_estate_planning_overview_wills_and_trusts_what_you_need_to_know.php
Swedish service performs your last online wishes
http://www.mail.com/Article.aspx/tech/0/APNews/Tech/20091211/U_EU-Sweden-Web-Wills?pageid=1
Living Trust Scams and the Senior Consumer
This is a great article by the State Bar of Texas regarding so called “trust mills.” Read the full article here.
DIY Estate Planning: Buyer Beware!
http://www.latimes.com/business/la-fi-wills14-2009jul14,0,266613.story Chas Rampenthal expects to get more business in the wake of Michael Jackson’s death, but he doesn’t peddle CDs, posters or celebrity memorabilia. Rampenthal sells online wills. And as general counsel of LegalZoom.com, he noticed a sharp uptick in demand when model Anna Nicole Smith died in 2007, triggering a messy battle over her…
