Estate Planning and Land Use at Adaptive Law

529 College Savings Plans for Special Needs Students

Faced with the increasing cost of higher education, students and their families must begin saving for college from an early age—often from birth. 529 College Savings Plans offer families a great opportunity to set aside money for a child’s college education, especially since funds held in 529 Plans grow tax-free. However, when a child with special needs is setting aside money for college, a 529 Plan may not be the best option. Continue Reading…

Estate Planning with Adaptive Law

Your Child’s Guardians

To choose or not to choose.

By far the most difficult decision that parents face when preparing their estate plan is selecting their child’s guardians. If you’re lucky, you have tons of options to choose from, and it’s “simply” a matter of picking the best one (and, of course, getting your partner to agree). If you’re not so lucky, it may come down to making sure certain people do NOT become guardian of your children. Either way, you are not alone if the dilemma of choosing your children’s guardian has prevented you from doing anything. But trust us when we say that, in this area, something is absolutely better than nothing. Continue Reading…

Local Food Law at Adaptive Law Firm

Protecting Your Food Business

Local food and beverage businesses are works of passion. Few start out making artisanal breads, small batch cheeses, or craft wines in an effort to get rich. Of course you want to make a profit—but at the core, you do it because it makes you happy. And because there are people like me, whose quality of life is vastly improved simply by enjoying your breads, your cheeses, your wines (or juices, or chocolates, or olive oils, or heirloom tomatoes, you get the idea…). If you have created a work of passion, you have created something worth protecting. Here are some basic questions that, although relevant to all business owners, may be particularly important for you to consider. Continue Reading…

Estate Planning and Land Use with Adaptive Law

Estate Planning for Same Sex Couples

Yesterday morning, the Supreme Court ruled 5-4 that same-sex couples have the right to marry in all 50 states.The Court’s historic decision in Obergefell v. Hodges held that states cannot deny applications for marriage licenses for same-sex couples, and states must recognize same-sex marriages that were legally entered into in other states. Same-sex couples now have the same legal rights that opposite-sex couples enjoy. Here’s a quick overview of what the Court decided, and what this landmark case means for estate planning. Continue Reading…

Estate Planning and Land Use at Adaptive Law

Disinheriting a Special Needs Child

Inexperienced estate planning attorneys have a bad reputation of telling parents of children with special needs to simply write their child out of their estate plan altogether in order to ensure that the child will qualify for government benefits if the parents pass away. While this approach might accomplish the goal of preserving government benefits, it is almost always the wrong way to help a child with special needs. Continue Reading…

Estate Planning with Adaptive Law

Our Child Care Plan

Kids are a primary motivation for estate planning. And for good reason.

As much as we hate to think about it, we all want to know that our children will be safe and healthy and loved if we are suddenly taken away from them. To accomplish this, some advance planning is required. Continue Reading…

Estate Planning at Adaptive Law Firm

Start Up Timeline for Brewers & Winemakers

If you are starting a new beverage production business, you have probably figured out that determining your timeline is crucial. Knowing what to expect during your first months means that you will (hopefully) have a realistic idea of how much financing you will need, and whether your doors will ultimately open. Of course, this start-up timeline cannot substitute for legal advice. However, I do hope it can help provide a framework for your early planning efforts. To jump to the punch line, you should budget at least six months from submitting your license applications. But before you can do that, you’re going to need certain things in place, such as your commercial lease and your company documents. Continue Reading…