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Legacy Planning: The Ultimate Gift

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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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What Should Women Know About Estate Planning?

It is essential that women do not surrender the responsibility of managing their financial affairs and devising their estate plan to their family … but take complete charge of this important duty.
04/27/23 • by: Law Office of Michelle Adams
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