Prenuptial agreements are a useful way for a soon-to-be-married couple to protect assets they are bringing into a marriage. Essentially, these are contracts that lay out exactly what each spouse is entitled to (and obligated to do) in the event of a divorce. If you...
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Estate Planning
POLST and MOLST More Likely to Result in Correct Care
by ssimpson | Dec 21, 2020 | Estate Planning
Documentation of your medical wishes is more likely to result in correct care, and this is true even for nursing home residents – or perhaps especially for nursing home residents, who may be unable to advocate for themselves or correct mistakes independently....
Diagnoses of Dementia and Alzheimer’s Rising
by ssimpson | Dec 9, 2020 | Estate Planning
A study by Blue Cross Blue Shield published earlier this year found that the rates of diagnosis of early-onset dementia and Alzheimer’s disease has tripled over a five-year period, jumping by 200%. According to the Forbes article reporting on the study: “In 2017,...
When the Family Home Needs to Sell
by ssimpson | Nov 22, 2020 | Estate Planning
When a parent enters into assisted living or a nursing home, their home is often sold in order to facilitate the new living arrangements. It an unfortunate reality, and has been for some time now, that elderly care such as assisted living, memory care, and nursing...
Don’t Forget to Fund Your Trust
by ssimpson | Nov 2, 2020 | Estate Planning
Many people choose to create trusts as part of their estate plans, and there are many benefits to using a trust, such as increased privacy and more flexibility, as well as provisions in place for family members who have special needs or who need a spendthrift...
Your Business Needs Estate Planning, Too
by ssimpson | Oct 17, 2020 | Estate Planning
You’ve certainly heard about estate planning for yourself. But if you own or have an interest in a business, did you know that your business needs estate planning too? It’s called succession planning and it shares some similarities with the individual estate plans –...
Pandemic Opens Financial Options for Estates
On Behalf of Simpson Law, PA | Sep 28, 2020 | Estate Planning, Taxes and Finances
Some taxpayers might be able to take advantage of certain estate-planning strategies as a result of the economic climate. Talk to an estate planning attorney to find out if any of these strategies would benefit you.
The Importance of Long-Term Care Insurance
by ssimpson | Sep 15, 2020 | Estate Planning
The crisis generated by the COVID-19 pandemic has only served to highlight the vital importance of both long-term care insurance and caretakers.
Updating Estate Plans in a Pandemic
by ssimpson | Aug 31, 2020 | Estate Planning
Estate planning has been forced to the front and center for many people this year. Folks who previously did not have estate documents decided to create them, while those who already had plans in place needed to review their documents.
Think Twice Before Transferring Your Home to Adult Children
by ssimpson | Aug 17, 2020 | Estate Planning, Probate, Taxes and Finances
Your home might well be your biggest asset. Many times, parents think about giving their home to their adult children outright while the parents are still alive, or adding their names to the deed. While doing so might avoid probate when you pass, it’s also likely to...
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I've been a client of Suzanne's for almost a decade and, with flexibility and compassion, she has worked with me to adapt my plan to meet my expectations. I trust her advice and highly recommend her services. Donna
Suzanne has been helping me with Power of Attorney and Personal Representative responsibilities for a good friend who died. It turned out to be a rather complicated estate and Suzanne was very patient and thorough in... Probate Client
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