Today is the day to celebrate love! Therefore, I am certain you're wondering what in the world estate planning and Valentine's Day have in common. Surely an estate plan isn't the first thing that comes to mind when you think of February 14th. But, do you realize that both estate planning and Valentine's Day are all about love? We generally express our affection to somebody on Valentine’s Day by giving candy, flowers, dinner or perhaps a trip to the spa. As amazing as these gifts are, they … [Read more...]
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Crawfish are Red, Violets are Blue, an Estate Plan with Your Spouse is Long Overdue
Valentine’s Day seems an ideal time to celebrate your spouse! Let's face it, it's a miracle some of us find a soul mate, a best friend, a partner in crime...whatever you call them. Someone that not only tolerates all your quirks on the daily, but still loves you "for richer or poorer" and "through sickness and in health." I can think of no greater way to celebrate this type of long-term devotion than to take the appropriate estate planning measures with your sweetheart in mind. Like your … [Read more...]
3 Simple Questions to Answer When Passing Along Your ‘Hard’ Assets
Splitting up cash is simple. Splitting an antique vehicle, jewelry, or a vacation home, not so much. If you fail to prepare by answering these three questions, your family could be in for some trouble. To kick-start the distribution discussion, here are three key questions to answer: Just how much is it worth? You must start with the asset's fair market value. Regardless of whether you would like to pass down the asset itself or gain from the sale; this is the basis for any plan. This … [Read more...]
9 Things Every Divorcee Should Do NOW
Recently divorced? Take back control by eliminating your "ex" from those old estate planning records. Give your divorce arrangement to your estate planning attorney. Your attorney needs to understand any obligations you have to your ex-spouse in the event of your death. Update your medial power of attorney. Your medical power of attorney lets you name someone to legally make health care decisions for you if, for instance, you were in an auto crash or had a health crisis and were not able … [Read more...]
Medicaid Planning Strategies: Protecting Assets While Qualifying for Medicaid
Wednesday, February 19, 2020 11:30 a.m. - 12:30 p.m. Morrison Law Group, PLC 3000 W. Esplanade Ave., Suite 300 Metairie, LA 70002 Reserved seating kim@morrisonlawplc.com to register The reality is frightening, and the results could be devastating if your clients lose everything, they’ve worked a lifetime to save, including those assets you’ve worked so hard to build and manage. You will learn: How to help your clients avoid having their life savings wiped out by a nursing home … [Read more...]
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