In this mailbag episode, Ted explains why different people can be named to handle financial, legal, and medical responsibilities within an estate plan. He also discusses how a properly structured trust can help protect an inheritance for a loved one with special needs without jeopardizing important benefits. Finally, Ted explains why updating an estate plan should be one of the first priorities after a divorce, especially when it comes to decision-makers, beneficiaries, trusts, and jointly owned property.

Contact:
718-233-2903
Website: https://www.alatsaslawfirm.com/

Maybe you helped one child buy a house, start a business, or simply get through a difficult season. But if they still owe you money when you die, what happens next? Do you forgive the loan, or should that money count against their inheritance? In this episode, we look at the options for handling family loans in an estate plan and why documenting your intentions now can prevent a lot of confusion later.

Contact:
718-233-2903
Website: https://www.alatsaslawfirm.com/

In this mailbag episode, Ted answers three estate planning questions that can easily be overlooked. He explains why funeral instructions may be better handled outside of a will, what to do with an old life insurance policy so it still fits into your estate plan, and why parents should consider naming backup guardians for minor children. Ted also highlights the importance of reviewing your plan regularly so these important decisions continue to reflect your current wishes.

Contact:
718-233-2903
Website: https://www.alatsaslawfirm.com/