The Heckerling conference, the largest conference for Estate Planning in the country, occurred last week in Orlando, FL. Many of the thought leaders in Estate Planning and Elder Law got together and discussed recent developments and new strategies. The SECURE Act was the biggest topic this time. Read on to learn more. … [Read more...] about Estate Planning Conference Discusses SECURE Act and More
If you recently experienced the death of a loved one, you are undoubtedly still grieving. If your loved one appointed you as the Executor of his/her estate, however, you must also concentrate on the legal and practical tasks required of an Executor. If you are acting as an Executor for the first time, the prospect of probating an estate may seem overwhelming at the moment. To help you get started, a Fargo probate attorney at German Law Group offers five considerations for the first-time … [Read more...] about 5 Considerations for the First-Time Executor
Ensuring that your assets are passed down to your loved ones according to your wishes is likely a primary estate planning goal for you. Having enough assets left to pass down, however, requires your estate plan to also protect and grow your assets while you are alive. One important way to do that is to make sure that you recognize potential threats to your assets and counter those threats immediately. Divorce is almost always a threat to your assets. A Minot estate planning attorney at German … [Read more...] about Divorce and Your Estate Plan
Many of us are surprised that our assets may not go to those named in our Will. However, if you have assets controlled by beneficiary designations or other non-probate transfers, that’s the case. Read on to learn how a Will might not control all your assets. Read on to learn more. … [Read more...] about Beneficiary Designations and Other Non-Probate Transfers
The SECURE Act passed in late December. The SECURE Act changes some lifetime rules, but the biggest change concerns rules for beneficiaries. The first article in this series examined the SECURE Act. This article examines some planning strategies for dealing with the SECURE Act. Read on to learn more. … [Read more...] about Planning for the SECURE Act
For many people, life insurance is a critical component within their estate plan. Deciding exactly how much life insurance you need, however, can be challenging. To shed some light on the subject, a Minot estate planning attorney at German Law Group helps you decide how much life insurance you need. Understanding Your Life Insurance Options Before you can decide how much life insurance you need, you need a clear understanding of the different types of life insurance available. While there are … [Read more...] about How Much Life Insurance Do I Need?
One of the most well-known, and often used, estate planning tools is a Power of Attorney. When properly drafted and utilized, a Power of Attorney makes a versatile and effective estate planning tool. The problem is that when not properly drafted and used, a Power of Attorney can do more harm than good. To help you better understand, a Grand Forks estate planning attorney at German Law Group explains how a Power of Attorney can go wrong. What Is a Power of Attorney? A power of attorney, or POA, … [Read more...] about How a Power of Attorney Can Go Wrong
The SECURE Act passed in late December. The SECURE Act changes some lifetime rules, but the biggest change concerns rules for beneficiaries. Read on to learn more. … [Read more...] about The SECURE Act and What It Means for You
Throughout the course of your working career, you may have been fortunate enough to have been covered by employer-sponsored health insurance. As such, you may never have needed to qualify for Medicaid to help cover healthcare-related expenses. As a senior, however, you may find yourself turning to Medicaid for help covering the high cost of long-term care for yourself or a spouse. Will you qualify for Medicaid for seniors in North Dakota? The Fargo Medicaid attorneys at German Law Group offer an … [Read more...] about Do You Qualify for Medicaid for Seniors in North Dakota?
Watching a parent’s physical and/or mental health deteriorate as they age can be extremely difficult for an adult child. As much as you may want to preserve your parent’s independence, there may come a point at which you believe you need to step in and petition for guardianship to protect your parent. During the guardianship process, the court will likely assign a Guardian Ad Litem. For those who are unfamiliar with the concept, a Grand Forks elder law attorney at German Law Group explains the … [Read more...] about What Does a Guardian Ad Litem Do In a Guardianship Proceeding?