by Paige Fuoco | May 19, 2023 | Estate Planning, Family Law, Probate
While a guardian can support the protected person by making important decisions, in some cases, an individual may wish to change or dissolve the arrangement. The ward, their family, or other involved people might feel that the guardian is not doing a good job. They...
by Paige Fuoco | May 1, 2023 | Estate Planning, Power of Attorney, Probate
A Power of Attorney (POA) is a document that authorizes one or more parties (known as the “agent” or “attorney-in-fact”) to act on behalf of a person (referred to as the “principal”). Most powers of attorney documents are guided by state law, which sets forth the POA...
by Paige Fuoco | Dec 8, 2021 | All Articles, Estate Planning, Family Law, Power of Attorney, Probate, Trusts, Wills
You have planned your life carefully. With your spouse you have drawn up a will and established trusts to organize your estate after your deaths. You have made decisions about the guardianship of your children should anything happen to you both before they come of...
by Paige Fuoco | Dec 8, 2021 | All Articles, Estate Planning, Family Law, Power of Attorney, Probate, Trusts, Wills
The beginning of a new year is a good time to take a look at your estate plan to make sure it is up to date. Less than half of people actually have any estate planning documents in place and many of those people may have outdated documents. Documents that were created...
by Paige Fuoco | Dec 8, 2021 | All Articles, Estate Planning, Family Law, Power of Attorney, Probate, Trusts, Wills
If you want to make a gift to family members but have exceeded the annual gifting limit, there is another way. Payments for a family member’s education or health care expenses are exempt from the gift tax. The annual gift tax exclusion for 2020 and 2021 is $15,000....
by Paige Fuoco | Dec 8, 2021 | All Articles, Estate Planning, Family Law, Power of Attorney, Probate, Trusts, Wills
As we have written previously, a number of tax proposals being considered in Congress could significantly affect gifting and estate plans for those with larger estates — over $3.5 million. If you’re in that category, you might want to meet with your estate...
