As we have recently seen, the unexpected can happen at any time in our lives. Life is full of uncertainties that seem to sneak up on us when we least expect them. The best we can do during these times is to make sure we are adequately prepared by way of pre-planning. After receiving a… Read more »
Posts By: Lantz Law, Inc.
To Our Valued Clients, Prospects, Friends, and Family; With all that is happening in the world today, many of us have had time to think about what is most important to us: the health of our family, friends and loved ones. We realize that there are many risks during this time. At Lantz Law, Inc.,… Read more »
To Our Valued Clients, Here at Lantz Law Inc., our team is committed to the health and safety of our clients and the well-being of their families. In light of Governor Charlie Baker’s recent announcement concerning COVID-19 and the closure of non-essential businesses, we have made the crucial decision to have our staff work remotely… Read more »
It is very difficult to answer the question of whether parents should discuss their estate plan with their children. When asked this question, my general answer is that it’s up to the client, but that the client should at least let the children know that they have made a plan and provide them with the… Read more »
Do you know RUFADAA? Whether you know it or not, you’re living in the time of RUFADAA, also known as the Revised Uniform Fiduciary Access to Digital Assets Act. These days, nearly everyone has digital assets, which can be as simple as a Facebook account or as complicated as an investment account that exists only… Read more »
Anyone who has had a loved one in a nursing home knows of how incredibly expensive nursing home care can be and how quickly assets can be depleted to cover such expense. Eventually, most seniors remaining in a nursing home on a long term basis will need to apply for Medicaid in order to cover… Read more »
The Gift Tax is a federal tax on the transfer of ownership of property at less than fair market value. In other words, if you give something to someone and you do not receive sufficient consideration, or value, in return, you most likely have made a gift. For example, if you were to transfer your… Read more »
Would you perform your own operation? A Do it Yourself estate plan is very similar. While it is certainly possible to create your own Will or Living Trust using an online service, software package, or a pre-printed template, using these “Do It Yourself” estate planning options may yield unintended consequences when you pass away. ANN… Read more »
Do you have an estate plan? If so, you are doing better than the majority of Americans. However, this is just the first step. Scheduling periodic estate plan reviews with an attorney is important as your life progresses. As a general rule of thumb, we recommend that you schedule a free estate plan review every 3… Read more »
An estate planning attorney assists throughout the client’s life. This blog examines the role of the estate planning attorney at various stages. It also looks at the various documents which the attorney might prepare as they counsel the client.