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Legacy Planning: The Ultimate Gift

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Older Singles Can Plan to Protect Themselves

Aging solo is about those individuals who are widowed or not married, live alone and have no family or none they can count on. They are going through the last years of their lives on their own. It can be just fine until one’s health declines and the usual activities and access to friends get out of reach.
05/22/23 • by: Law Office of Michelle Adams
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Does Divorce Have an Impact on Estate Planning?

When you're in the midst of a divorce, you're probably not thinking about estate planning or your will. However, if you're divorcing, you should think about the impact a divorce can have on an estate plan.
05/22/23 • by: Law Office of Michelle Adams
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The Top 5 Biggest Blunders People Make with Health Care Proxies

Everyone age 18 and over should have a health care proxy document signed (think children off to college, and yourself, not just an elderly parent).
05/22/23 • by: Law Office of Michelle Adams
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What Is Hospice Care?

The recent decision by former President Jimmy Carter to transition to hospice brings much-needed attention to this crucial part of healthcare.
05/01/23 • by: Law Office of Michelle Adams
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What Is the Meaning of Step-Up in Basis?

Step-up in basis, also known as stepped-up basis, is a wrinkle in the federal tax code that can help heirs avoid or reduce taxes on inherited assets.
05/01/23 • by: Law Office of Michelle Adams
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What Is a Life Estate?

A life estate is a type of property ownership or tenancy that grants an individual the right to use and enjoy a property for the remainder or their life. It gives an ownership interest to someone else.
05/01/23 • by: Law Office of Michelle Adams
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What Elements are Overlooked in Estate Plans?

There are certain provisions that people often forget to put in a will or estate plan that can have a big impact on a family.
05/01/23 • by: Law Office of Michelle Adams
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What Is Probate?

How this is handled now depends on the plans the deceased made when they were alive. For some people, that might mean probate.
05/01/23 • by: Law Office of Michelle Adams
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Single Parents Need Estate Planning

Nobody likes thinking about what happens if they should become incapacitated or die. However, we all need to have a plan in place for just these possibilities.
04/27/23 • by: Law Office of Michelle Adams
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Can I Motivate My Heirs After I’m Gone?

Is It OK to Rule from the Grave?
04/27/23 • by: Law Office of Michelle Adams
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