by Michael Baker | Aug 12, 2020 | Estate Planning
The spread of the COVID-19 pandemic has resulted in many people giving greater thought to estate planning. But even when we are not living in a global pandemic situation, it is important to have your affairs in order, no matter how old or healthy you are. If you have...
by Michael Baker | Mar 9, 2020 | Estate Planning
Estate planning is a way to save taxes, prevent family disputes, take care of your dependents, and ensure that you will be cared for if you become incapacitated. Even if you don’t think of yourself as someone wealthy enough to qualify as having an estate, any property...
by Michael Baker | Nov 13, 2019 | Estate Planning
No one wants to think about the end of life, but everyone should put their end-of-life wishes into writing. Making an estate plan isn’t just for the wealthy and it is not limited to a last will and testament. It can prevent unpleasant family disputes, take care of...
by mbaker | Sep 25, 2019 | Asset Protection, Estate Planning, Trusts
As you work with your attorney to plan your estate, one tool you may consider implementing is a testamentary trust. This type of trust is created in your last will and testament, with terms specified in the will. Unlike living trusts, testamentary trusts only start to...
by mbaker | Sep 10, 2019 | Elder Care, Estate Planning
Part of life is a role reversal that hits as our parents reach old age. For many people, at some point they become incapable of truly caring for themselves or maintaining their own home, at which point that role reversal hits, and the children become the caretakers....