Newsletter

The Practical Side of Estate Planning

Estate planning is a process that addresses issues that are legal, financial, emotional and practical. The legal side of planning encompasses documents such as Wills, Powers of Attorney and Advance Health Care Directives. These legal documents are by far the most important part of any estate plan and should be the primary focus of the [..]

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Estate Planning for the New Normal

Estate planning should be geared towards a person’s particular family situation. In the last several decades family situations have become more complex. In order to adequately address the needs of “today’s family,” estate planning must also become more complex. The “traditional family” is defined as children with two parents both in their first marriage. In [..]

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Is It Time To Update Your Estate Planning Documents?

Spring break season is officially upon us.   What’s more, my favorite time of year – Daylight Savings Time – has finally arrived!   As the days get longer and warmer, trips and vacations become more common.   In light of travel season (which, for some reason, always makes people think about their will), we [..]

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Our Elder Law Precepts

The term “elder law” is becoming a common buzz word in the legal community.  The National Academy of Elder Law Attorneys (NAELA) states that elder law includes helping individuals with planning for incapacity and long-term care, health and long-term care insurance, and health care decision-making. It can include drafting trusts, selecting long-term care providers, home [..]

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What is an Ethical Will?

We all understand the importance of a Last Will and Testament. A Will allows one to direct the disposition of his or her property after death. However, we all pass on something of even greater worth to our beneficiaries: our thoughts, feelings, values and advice. These special treasures can be preserved in an “Ethical Will.” [..]

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Estate Planning and Addiction – There is a Solution!

Most of us know of at least one family dealing with a substance abuse issue, and it may even be your own. As we are frequently reminded in the news cycle, the “opioid crisis” is wreaking havoc on American families and taking many lives in the process. When the issue of addiction arises in someone’s [..]

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We Want Prenup!

Love always seems to be in the air during the month of April.  The weather is warmer, the flowers are blooming, and the birds are chirping.  Many people will be thinking about their romantic future this month and perhaps several will even get engaged.  The act of marriage can be a beautiful and spiritual process, [..]

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The Importance of a Deed Checkup

Words matter in the law.  The inclusion or exclusion of one word or phrase in a document can have a significant impact on a situation.  A good example is the inclusion of the “s” word in a deed; the word being “survivorship.” When someone owns property with another person, there is a default rule as [..]

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Gift Taxes: Why Most People Don’t Need to Worry About Them

The annual gift tax exclusion rose from $14,000 in 2017 to $15,000 in 2018. There is a great deal of confusion and misinformation regarding the gift tax, the exclusion, and who even needs to worry about it in the first place. Have no fear! Your Carney Dye attorneys are here to clear up the confusion. [..]

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