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Legacy Planning: The Ultimate Gift

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Can a Revocable Trust Protect Assets from Creditors?

With a revocable trust, you are typically both the founder and the trustee. This means that you both create the trust and manage its assets and operations.
02/21/23 • by: Law Office of Michelle Adams
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Presley Estate Battle Heating Up

Priscilla Presley believes she should be in charge of daughter Lisa Marie Presley's estate. However, a legal document filed seven years ago suggests that wasn't what the singer-songwriter wanted should she die.
02/21/23 • by: Law Office of Michelle Adams
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Do You Need a Revocable or an Irrevocable Trust?

Trusts are excellent vehicles for probate avoidance, ease of transition of funds to one’s beneficiaries upon death, asset protection planning and estate tax planning.
02/21/23 • by: Law Office of Michelle Adams
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Top Benefits of Estate Planning

Estate planning isn’t just for the ultra-wealthy, nor is it something you should put off until your golden years.
02/20/23 • by: Law Office of Michelle Adams
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What Is HIPAA Authorization?

The HIPAA Privacy Rule permits the sharing of health information by healthcare providers, health plans, healthcare clearinghouses, business associates of HIPAA-covered entities and other entities covered by HIPAA Rules under certain circumstances.
02/02/23 • by: Law Office of Michelle Adams
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Is Handwritten Instruction in Bible Valid to Update a Will?

A state appeals court has ruled that a handwritten instruction in a Bible that included only the first name of the writer was a valid codicil that changed a will.
02/02/23 • by: Law Office of Michelle Adams
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How to Plan a Business Succession

A frequent complaint by next-generation members is that the senior generation never fully lets go of business tasks.
02/02/23 • by: Law Office of Michelle Adams
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When Can Gifts or Donations Be Made for You?

Many older adults enjoy giving money during their lifetime to family members or donations to a religious or charitable organizations.
02/02/23 • by: Law Office of Michelle Adams
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What Should Not Be Kept in a Safe Deposit Box?

Locking away certain valuables and important documents in a bank vault could turn into a headache for you or your heirs.
02/02/23 • by: Law Office of Michelle Adams
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Beneficiary Mistakes to Avoid

Before making a decision on a beneficiary, it's very important to check your state laws. Some states have different rules on who you can name as a beneficiary.
01/22/23 • by: Law Office of Michelle Adams
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