Category: Estate Planning

By Roy Schneider, Esq.

The law allows a person preparing a will or trust to have almost complete control over his or her assets after the testator or settlor passes on, but there are limits to such power. A person can restrict a property from being sold, or make sure that it...

By Roy Schneider, Esq.

Many people are confused by advance directives. They are unsure what type of directives are out there, and whether they even need directives at all, especially if they are young. There are a couple types of advance directives which you should consider...

By Roy Schneider, Esq.  

The loss of a loved one is a difficult time, often made more stressful when one has to handle the affairs of the deceased. This may be a great undertaking or rather minimal work, depending upon the level of estate planning done prior...

By Roy Schneider, Esq.

When creating a trust, it is common practice that the person doing the estate planning will name themselves as trustee and will appoint a successor trustee to handle matters once they pass on.  If you have been named successor trustee for a person that has...

By Roy Schneider, Esq.

For many people, retirement savings accounts are among the largest assets they have to bequeath to their children and grandchildren in their estate plans.  Sadly, without professional and personally tailored advice about how best to include IRAs in one’s estate plan, there may be a failure...

By Roy Schneider, Esq. 

If you have been named a beneficiary in a loved one’s estate plan, you have likely wondered how long it will take to receive your share of the inheritance after his or her passing.  Unfortunately, there is no hard or...

By Roy Scneider, Esq.

The world of estate planning can be complex. If you have just started your research or are in the process of setting up your estate plan, you’ve likely encountered discussions of wills and trusts. While most people have a very basic understanding of a last will...

By Roy Schneider, Esq. How is the funding handled if you decide to use a living trust? Certificates represent shares of a company. There are generally two types of company shares: those for a publicly traded company, and those for a privately held company, which is not traded on one of...

By Roy Schneider, Esq.

Preparing for the future is an uncertain business, but there are steps you can take during your lifetime to simplify matters for your loved ones after you pass, and to ensure your final wishes are carried out. Planning for what happens to your property,...