A New Era of Attorneys
Did you create your own documents?
Why pay a lawyer when I can get my estate documents online for free (or at least at a lesser cost than a lawyer)? Every estate planning attorney has fielded that question at some point or another. My response is usually: “I love online documents…because it usually means I’ll have more work that makes more money in the future.” After I say that, I typically get a grin across the client’s face and then they ask “why”?Read More
That is a valid question. One that is not pondered enough and often results in a family member being thrown into a position of great responsibility without any direction or idea how they are to act or what they are to do. In fact, most people sign power of attorney documents naming someone, but then never tell them or have a conversation with that person about what will be expected of them.Read More
You’ve gotten divorce and have been awarded a percentage of your spouse’s retirement account, you’re good for now, right? Wrong. Often couples come to us years after their divorce to finally collect on their marital award. They want to file their Qualified Domestic Relations Order (QDRO) and collect but they’re realizing it may be easier said than done. Now what? On this week’s #FamilyFriday article, the attorneys of ERA Law Group, LLC discuss QDROs.Read More
All too often will-seeking clients call the firm asking if we do “simple” wills, say they need a will, but don’t want one of those “long wills”, or claim to not have anything, so they just need a “basic” will. Most law firms will respond to the client, “Yes! We can do that!” But there are pitfalls that can arise, some foreseen and some unforeseen, when a person only has a “simple” will, and the client does not even know these potential pitfalls exist. Read More
When couples get divorced they are required to identify marital property and non-marital property. Many individuals don’t know what makes property marital and therefore, how they may unintentionally make a non-marital asset marital. This week’s #FamilyFriday article defines marital and non-marital property and offers a few tips to protect your non-marital property.Read More
One of the most common misconceptions is that if you are married and you die without a will, your spouse automatically gets everything. Unfortunately, that often is not the case. Instead, it depends on several factors. First, if you have any joint accounts, those accounts will pass automatically to the joint account holder. Second, if you have a named beneficiary on any account or asset, that account or asset will pass automatically to the designated beneficiary. Read More
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