Blog posts by Delaney Law pertaining to Legacy & Estate Planning
The holiday season is a perfect time to express your love and care through gifts that truly matter. Consider these 12 estate planning gifts, each with a profound purpose: 1. Revocable Living Trust - Give the Gift of Peace of Mind A Revocable Living Trust allows you to transfer your assets to a trust while maintaining control during your lifetime. It ensures that your loved ones are financially secure even…
November presents an opportunity to dive deep into meaningful conversations that impact your family's future. 1. Conversing about Healthcare: A Talk Every Adult Must Have Talking about end-of-life planning is challenging, yet inevitable. As time goes on, roles reverse, and children often find themselves in a position to discuss financial and healthcare decisions with their aging parents. Shifting from the role of a dependent child to an involved adult is…
As parents, we’re often preoccupied with numerous responsibilities from just the right Halloween costume to helping with homework. However, there’s another crucial aspect that parents of young children need to consider: estate planning. Without the right legal documents in place, you risk your kids being placed in child protective services in the short-term followed by a potentially lengthy and expensive court process to decide who will take care of your…
In honor of back-to-school, this month at Delaney Law we're focusing on the ABCs of estate planning, including all the essential legal documents that every comprehensive plan needs. An estate plan is like a toolbox – it only works if you have the right tool for the job. An estate plan should be tailored to you and a good estate planning attorney will take the time to listen to your…
Unless you’ve created an estate plan that works to keep your family out of court, when you die (or become incapacitated) many of your assets must go through probate before those assets can be distributed to your heirs. Like most court proceedings, probate can be time-consuming, costly, and open to the public, and because of this, avoiding probate—and keeping your family out of court—is often a central goal of estate…
Unless you’ve created a proper estate plan, when you die many of your assets must first pass through the court process known as probate before those assets can be distributed to your heirs. Like most court proceedings, probate can be time-consuming, costly, and open to the public, and because of this, avoiding probate—and keeping your family out of court—is a central goal of most estate plans. During probate, the court…
You’ve most likely dedicated significant time and energy to creating a vision for your business, executing that vision, and even writing up a detailed business plan for the growth of your business. Yet far fewer business owners put the same effort into planning for their company’s continued success following their retirement, incapacity, or death. However, not planning for the future of your business once you are no longer around to…
