by Keith Hajovsky | Jan 31, 2024 | General Estate Planning, Medicaid, Non-probate Assets, Probate
I have counseled several clients to use a what is called a Lady Bird Deed to protect a home from Medicaid recovery. [also see What Is A Transfer on Death Deed] The typical situation is that a parent or other loved one is elderly and has become so sick with an ailment...
by Keith Hajovsky | Jan 24, 2024 | Estate Administration, General Estate Planning, Intestate - Dying Without A Will, Probate, Wills
I have written about dying without a will before, but I’ve had two particular clients contact me with difficult stories that I wanted to share on this subject. In both cases, a simple, inexpensive will created by an estate planning attorney could have saved the...
by Keith Hajovsky | Jan 17, 2024 | General Estate Planning, Living Trusts, Testamentary Trusts, Trusts
Testamentary trusts are powerful estate planning tools that every estate planning attorney should discuss with their clients. When most people think of trusts, they think of something that is completely separate from a will. A testamentary trust is actually a trust...
by Keith Hajovsky | Jan 10, 2024 | Estate Administration, General Estate Planning, Probate
The death of a spouse may leave an elderly individual feeling lost and wondering which way to turn for help. It’s an emotionally devastating experience, and an elderly person who’s spent a lifetime being responsible for others may feel as though everything has to be...
by Keith Hajovsky | Jan 3, 2024 | General Estate Planning, Guardians, Wills
Getting a will these days is incredibly easy, yet it’s amazing to me how many people still don’t have one. And if they do have one it was created many years ago when their estate planning needs were very different than they are now. With attorneys now offering online...
by Keith Hajovsky | Dec 28, 2023 | Asset Protection, General Estate Planning, Power of Attorney, Wills
The major differences between a power of attorney and a will are often not understood by my clients when they first contact me. Both are very important documents when it comes to estate planning. In many ways they are the most important documents of someone’s estate...
