Category: Estate Planning

Talking to Kids About Inheritance

Many parents are uncomfortable talking to their kids about their wealth.  Talking about how much money or property you have is usually viewed as taboo.  Asking someone else about what they have is often considered impolite. But failing to talk to kids about how much they may inherit could leave them unprepared to handle even […]

How to Build an Estate Plan with a Blended Family

Couples often bring children into a marriage from a prior marriage or union and then have children together. This is often referred to as a blended family. Blended families highlight the need for careful estate planning to make sure the needs of each spouse are met, as well as the needs of each parents’ children. […]

Answer These Questions by the Age of 65

In the United States, turning 65 years of age is a milestone on many levels, but before this birthday, there is a hefty checklist that you need to address to continue aging successfully. Overall the most crucial thing to do before turning 65 is to invest your time wisely crafting the best approach possible for […]

Don’t Forget These 3 Things in Your Estate Plan

Once a certain point in life is reached, estate planning becomes very important. At this time, not only are plans made to give something special to loved ones, but certain roles and authorities are designated to individuals within the family. As estate planning takes place there are a number of parts to be included so […]

How an Estate Planning Attorney can Help You

  Smart people plan their lives knowing that it is possible to suffer mental disability, an illness that incapacitates them, or even death. An estate planning attorney is the ideal person to advise clients on how to put their affairs in order for these eventualities. Why hiring a Faloni Law Group LLC attorney is better […]

What is the Difference Between a Trust and a Will?

The term trust and will is common to many people, but a few can distinguish what makes them different. Both terms are useful devices in estate planning serving different purposes and can be used simultaneously to bring out an entire estate and asset plan. A Will Wills are legal documents that establish the rightful beneficiaries […]

What Should be in my Estate Plan?

The majority of working people like you spend the majority of their lives working hard in order to provide the necessities of life for themselves and their families. A healthy percentage of these hard-working individuals will succeed in saving significant amounts of cash and other assets during their working years. That being said, even the […]

How Probate Affects your Beneficiaries

Have you thought about what will happen to your assets and property after your death? How will probate affect your beneficiaries? Even if you have a will, your estate may go through the probate process. A probate court supervises the transfer of a decedent’s assets and property. The judge makes sure that creditors receive their […]

The Importance of Titling Assets and Estate Planning

Even the best drafted estate plans are subject to failure if assets are not titled properly. When an attorney drafts an estate plan they must take into account all your assets and how they are titled. Where things go awry is when assets are obtained and titled without your estate planning attorney involved. I see […]