Estate Planning at Adaptive Law Firm

Estate Planning with Friends

“Estate planning” and “wine and cheese party” don’t typically appear in the same sentence. But we say, why not? When making big decisions, it’s nice to have a support group around you. And even better if that support group is made up of close friends—friends with wine and cheese in hand! Not the wine and cheese crowd? How about beer and crafts? Or something festive, like a cookie recipe exchange? You know your friends, so pick something that will appeal to them. Continue Reading…

Estate Planning with Adaptive Law

Why Consider a Living Trust?

Worried that creating a living trust will turn your children into spoiled “trust fund kids”? Or that you need millions of dollars to create one? Don’t let these myths stop you from setting up a revocable living trust. Here’s why. Continue Reading…

Estate Planning and Land Use with Adaptive Law

Underestimating the Risk of Disability

Most working Americans estimate that their own chances of experiencing a long term disability are substantially lower than the average worker’s. Given the high costs of care, this underestimation often leaves Americans ill prepared to pay for the costs of long term care. This blog examines the eye-opening statistics surrounding disability and some of the common disability planning options. Continue Reading…

Elder Law at Adaptive Law Firm

Last Chance for Spousal File & Suspend

Time is running out to use a potentially lucrative Social Security benefits-claiming strategy. Spouses will no longer be able to use the “file and suspend” strategy after April 29, 2016. Beware, however, that the new rules are causing confusion at some Social Security offices. Continue Reading…

Probate Law at Adaptive Law Firm

Losing a Loved One

If you found this posting because you have lost someone you love in the past few days and you are worried about this looming thing called “probate,” please accept my condolences, and this advice: bookmark the page and return when you have completed your initial grieving. Spend time with your family and know that—other than arranging for the funeral and securing any now-vacant property—there is nothing that must happen immediately. But don’t wait too long, because are there are things (outlined below) that will need attention soon. Continue Reading…

Estate Planning and Land Use with Adaptive Law

Quiz: Is Your Estate Plan Outdated?

Is your estate plan outdated? Yes or no.

If you don’t have a valid will or trust, then state laws will determine how your assets pass, to whom they pass, and when they pass. This is perhaps the most costly and emotionally draining way to pass assets to your loved ones. Continue Reading…