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The Questions of Estate Planning, Part 3: When

December 20, 2019 by Michael J. O’Brien, Estate Planning Attorney

People often have questions about Estate Planning. This is the third in a series of articles addressing those questions. This third article addresses “when” to do Estate Planning. Read on to learn more. The Questions of Estate Planning, Part 3: When … [Read more...] about The Questions of Estate Planning, Part 3: When

Filed Under: Estate Planning, Legal Education Tagged With: Estate Planning, trust, incapacity, will

The Questions of Estate Planning, Part 2

December 13, 2019 by Michael J. O’Brien, Estate Planning Attorney

People often have questions about Estate Planning. This is the second in a series of articles addressing those questions. This second article addresses “what” Estate Planning comprises. Read on to learn more. The Questions of Estate Planning, Part 2 … [Read more...] about The Questions of Estate Planning, Part 2

Filed Under: Estate Planning, Legal Education Tagged With: Estate Planning, trust, will, questions

The Questions of Estate Planning, Part I: Who

December 6, 2019 by Michael J. O’Brien, Estate Planning Attorney

People often have questions on Estate Planning. This is the first in a series of articles addressing those questions. This first article addresses “who” should do Estate Planning. Read on to learn more. The Questions of Estate Planning, Part I: Who … [Read more...] about The Questions of Estate Planning, Part I: Who

Filed Under: Estate Planning, Legal Education Tagged With: Estate Planning, trust, will, questions

Planning for Education Expenses

November 29, 2019 by Michael O'Brien

Planning is important when providing for your children or grandchildren. But planning for their education has special importance and may have special advantages. This article looks at how a trust can be used to provide for your child or grandchild’s education. The article looks at how a trust can protect those funds. Planning for Education Expenses … [Read more...] about Planning for Education Expenses

Filed Under: Estate Planning, Legal Education Tagged With: Trusts, planning, 529, education

Planning for the Unexpected

November 22, 2019 by Michael O'Brien

It’s important to have a plan. If you don’t have a plan, your state law dictates who gets your property and makes decisions for you. Read on to learn more about the prevalence of unexpected deaths and an example of what can happen without planning. Planning for the Unexpected … [Read more...] about Planning for the Unexpected

Filed Under: Estate Planning, Legal Education Tagged With: Intestacy, Probate, planning

Income Tax Basis in Estate Planning

November 15, 2019 by Michael J. O’Brien, Estate Planning Attorney

Income tax basis is important in estate planning. This article examines what happens to an asset’s basis when it is gifted. It then examines what happens to the basis of an asset when someone dies with the asset and then bequeaths it to someone. Many people find it surprising that these are treated differently. Income tax basis is an important factor in considering estate planning strategies. Income Tax Basis in Estate Planning … [Read more...] about Income Tax Basis in Estate Planning

Filed Under: Legal Education, Estate Planning Tagged With: step-up, Income tax basis, gain

Planning for Special Needs Children

November 8, 2019 by Michael O'Brien

Planning is important when providing for any of your children. But planning is even more important for special needs children. Without proper planning, an inheritance can jeopardize a special needs child’s needs-based benefits, such as SSI or Medicaid. Read on to learn more about planning for special needs children. Planning for Special Needs Children … [Read more...] about Planning for Special Needs Children

Filed Under: Estate Planning, Legal Education Tagged With: Trusts, planning, special needs

529 Plans: Planning for Education with a Tax and Asset Protection Bonus

November 1, 2019 by Michael O'Brien

Planning is important when providing for your children or grandchildren. But planning for their education has special importance and may have special advantages. This article looks at how 529 plans may have tax advantages when providing for education. Further, the article looks at how such a plan may provide asset protection in bankruptcy, as well. 529 Plans: Planning for Education with a Tax and Asset Protection Bonus … [Read more...] about 529 Plans: Planning for Education with a Tax and Asset Protection Bonus

Filed Under: Estate Planning, Legal Education Tagged With: Trusts, planning, 529, education

Make Your Own Plan

October 25, 2019 by Michael J. O’Brien, Estate Planning Attorney

Planning is important. If you don’t plan, your assets go pursuant to the state’s default plan, which may be very different from what you want. If you plan, you can be sure your assets go exactly to whom you want and in a manner that can benefit them the most. Make Your Own Plan … [Read more...] about Make Your Own Plan

Filed Under: Estate Planning, Legal Education Tagged With: Intestacy, trust, will, heirs

How Will You Obtain the Care You Need?

October 18, 2019 by Michael J. O’Brien, Estate Planning Attorney

What’s the right direction for you in planning for the help you might need in the future? Seven in ten of us will need long-term care at some point in our lives. Here are possible paths for covering the assistance you may need. How Will You Obtain the Care You Need? … [Read more...] about How Will You Obtain the Care You Need?

Filed Under: Legal Education, Estate Planning Tagged With: Estate Planning, Long-Term Care, Medicaid, insurance, LTC

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Testimonials

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Michael and his team work very closely with you to help build a strategy for you regarding estate planning. They do not overdo it. They work hard to be certain their suggestions/recommendations fit your needs. Michael asks great questions, listens well and delivers on his commitments. I was very appreciative and hugely satisfied.

Anonymous Client Review September 8, 2020

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Personal, professional service and follow up. Did what he said he would do at the agreed price.

Paul Client Review September 8, 2020

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Michael has a comprehensive knowledge of estate palnning needs and trust issues. I trust his guidance and counsel completely.

Jim Client Review September 8, 2020

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