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Am I Liable for My Spouse’s Credit Card Debt?

Am I Liable for My Spouse’s Credit Card Debt? Under certain circumstances, you can be held liable for your spouse’s credit card debt. Whether you may be on the hook for your spouse’s credit card debt depends on: where you live whether it is a joint credit card whether you are a cosigner, and whether read more…

How do I talk to my aging parents about End of Life Wishes?

Few conversations are tougher than talking to a parent about their end-of-life wishes. Yet, putting this important discussion off can have many negative effects, not the least of which is a loved one dying in a way they wouldn’t choose. Talking about end-of-life wishes is needed to ensure that your parents’ preferences are honored, and read more…

My name is “on” my mother’s account so, won’t it avoid Probate?

  The title of this article is a common misconception that people have about avoiding probate. A person will assume that just because he has been designated as his parent’s Agent in his parent’s Power of Attorney (POA) that he will have access to his parent’s bank account after the parent dies. The person will read more…

What is Intestacy?

When it comes to matters of the law, things can get misunderstood in a hurry. We’re here to help sort that out, after all, I’m the attorney and it’s my job to make things a bit more clearer for you.  So let’s start by tackling this question we received recently. Question: I’ve read a lot read more…

Are You Spending Your Kids Inheritance?

Due to demographic changes and changing economic fortunes, older Americans increasingly have to transfer money to their adult children so that their offspring can support their families. Barron’s, in a recent article titled “Boomers Spend Their Kids’ Inheritance – On Supporting Them,” reports that intra-family transfers have increased significantly in the last few years. Nearly read more…

LegalZoom vs Lawyer

Sites like LegalZoom and Rocket Lawyer are readily available these days for those quick fix documents and “expert” legal advise that people are looking for. They try to lure you with a cheap product and a process that takes less than half an hour to complete. They try to assure you with testimonials of customers read more…

How Often Should I Update My Will or Estate Plan?

You should update your estate plan every 3-5 years on average. This should take place sooner if you experience significant life-changing events such as Marriage: If you marry someone, this is invariably going to affect your estate plan. A marriage is one of the most important life events, and you want to make sure your read more…

Having Warning Signs?

In working with clients from every walk of life, I have found a pattern with a very important question, regarding warning signs for elderly care. Many Baby Boomers are starting to face role-reversal as they begin to care for an elderly parent.  There are very difficult challenges and decisions to make when caring for an read more…

Mind Your Business – By Hiring a Business Attorney

Hiring a business attorney will save you money, time, and help avoid risks that often become very complicated later on. Now, 1 in every 5 people engage in a side business, freelance work, or work independently.  As more people go into business for themselves, there is more exposure to legal risks. Are you minding the read more…

5 Lessons To Learn From Prince’s Estate

Unless you have been living under a rock the last month, you know that millions have been mourning the loss of Prince. The world was even more shocked to find out he never executed a Will. Though many lawyers handled his business affairs, he passed away before establishing an estate plan and executing a Will. read more…