Category: Estate Planning


Financial Exploitation and Your Aging Loved One

Posted on the behalf of Robert Turner,

From telemarketing scams to forgery, identity theft or undue influence, the aging population is increasingly vulnerable to financial exploitation. Aside from their advanced age, Find Law explains that older adults are more dependent on others, not to mention many elderly individuals have more financial assets. Unfortunately, much of the exploitation experienced (up to 90%) takes  … Read more

Probate Disputes

Posted on the behalf of Robert Turner,

Perhaps you’ve been told that it’s best to plan ahead in order to avoid probate. Without question, this is wise advice as family members could find themselves tangled in lengthy and costly court proceedings following the death of a loved one. What’s more, these matters are usually highly emotional, and can create division among those  … Read more

Qualified Personal Residence Trust (QPRT)

Posted on the behalf of Robert Turner,

For purposes of a federal gift tax and estate tax, a Qualified Personal Resident Trust, or QPRT is an irrevocable trust that removes the value of a primary residence or a second home from an individual’s taxable estate. To be clear, once an agreement has been signed for an irrevocable trust, it cannot be changed.  … Read more

Probate: Do You Know The Basics?

Posted on the behalf of Robert Turner,

While probate laws and customs have changed over the years, its primary purpose is the same—people submit their intentions regarding the transfer of their property at the time of their death, usually in the form of a will. Thus, when a person dies, their property is collected, remaining debts are paid accordingly from their estate  … Read more

Establishing A Special Needs Trust

Posted on the behalf of Robert Turner,

Created specifically to benefit those with physical or mental disabilities, a special needs trust outlines the affairs of a beneficiary in regards to their needs in the future. This type of trust can last as long as it is needed, and this usually means that it will continue until the beneficiary dies or until funds  … Read more

Is It Your Turn To Care?

Posted on the behalf of Robert Turner,

For those of us with aging loved ones, particularly aging parents, there comes a time when it’s our turn to care. From health and wellness concerns to financial decisions and questions regarding one’s estate, it’s important to weigh in on these matters before they become urgent. Thus, while some loved ones age well at home,  … Read more

Shielding Your Assets

Posted on the behalf of Robert Turner,

For business owners and other professionals, there are a number of vulnerabilities associated with taking responsibility for others and participating in various transactions in their respective fields. From medical malpractice to lawsuits stemming from business disputes, injuries sustained on personal property or liability involving misconduct, those conducting business or providing a service can benefit from  … Read more

Aging Successfully—Will Your Support Network Look Out for Your Interests?

Posted on the behalf of Robert Turner,

On television, childless older adults can be portrayed as carefree people, living without demands from dependents. In reality, having no children—or having relatives who aren’t available or reliable enough to handle your affairs—can leave you and your estate vulnerable if you become incapacitated. For this reason, one of your most crucial activities in life will  … Read more

A Revocable Living Trust Versus A Will: Differences You Should Know About

Posted on the behalf of Robert Turner,

While both revocable living trusts and wills allow individuals to name beneficiaries for their property or estate, they serve different purposes. As an estate-planning tool, a revocable living trust is a document that can be changed according to one’s wishes or circumstances while he/she is living. Yet, they are mostly used to avoid the need  … Read more

Plan Ahead to Beat Probate!

Posted on the behalf of Robert Turner,

Probate is one of those words that people don’t typically understand until they’re in the middle of it. Probate is the process that happens in the courts after someone dies. It determines the legality of a will, who the legal heirs are, and how to pay the decedent’s remaining debts and taxes. If you’re the  … Read more