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Avoiding Probate with a Trust

By Fisher Law LLC |

Privacy is just one of the benefits of having a trust created as part of an estate plan. That’s because assets that are placed in a trust are no longer in the person’s name, and as a result do not need to go through probate when the person dies. An article from The Daily… Read More »

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Be Aware of Probate

By Fisher Law LLC |

Probate is the legal process that happens after a person dies. The court accepts the deceased’s last will, and then the executor can carry out the instructions for the deceased’s estate. However, first he or she must pay any debts and sell assets before distributing any remaining property to the heirs. If the deceased… Read More »

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How Much Money Is Needed for Long-Term Care?

By Fisher Law LLC |

You probably know that healthcare is a big expense for retirees. If you don’t, it is important to understand that the cost of long-term care is very high. Research shows that 70% of seniors 65 and over will require some type of long-term care in their lifetime. This could be as little as a… Read More »

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Retirement Fund Withdrawals Can Affect Social Security Benefits

By Fisher Law LLC |

Coordinating income in retirement takes a bit more thought than just collecting a paycheck. Take too much from Peter, you’ll end up paying Paul. Some retirees end up owing taxes on their Social Security benefits. If you want to avoid this scenario, master the details as explained in the article “Will My Retirement Fund… Read More »

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When Do I Need an Elder Law Attorney?

By Fisher Law LLC |

Elder law is different from estate law, but they frequently address many of the same issues. Estate planning contemplates your finances and property to best provide for you and your family while you’re still alive but incapacitated. It also concerns itself with the estate you leave to your loved ones when you die, minimizing… Read More »

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Fixing an Estate Plan Mistake

By Fisher Law LLC |

When an issue arises, you need to seek the assistance of a qualified and experienced estate planning attorney, who knows to fix the problems or find the strategy moving forward. For example, an irrevocable trust can’t be revoked. However, in some circumstances it can be modified. The trust may have been drafted to allow… Read More »

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Not a Billionaire? Trusts Can Still Be Beneficial

By Fisher Law LLC |

You don’t have to be wealthy to benefit from the use of a trust. A trust is a legal arrangement by which one person transfers his or her assets to a trustee who will hold those assets in trust for third parties, explains the Stamford Advocate’s article “Trusts are not for the wealthy only.”… Read More »

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Dad’s Will and Trust at Odds?

By Fisher Law LLC |

A revocable trust, commonly called a living trust, is created during the lifetime of the grantor. This type of trust can be changed at any time, while the grantor is still alive. Because revocable trusts become operative before the will takes effect at death, the trust takes priority over the will, if there is… Read More »

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Medicare Coverage for Long Term Care

By Fisher Law LLC |

Most people understand that by paying into Social Security throughout their careers, they can receive health care benefits through Medicare starting at age 65. Individuals under age 65 who qualify to receive Social Security Disability benefits are also covered under Medicare, as well as anyone of any age who has Lou Gehrigs disease, known… Read More »

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Surprising Trends in Senior Living

By Fisher Law LLC |

The traditional senior housing market is undergoing a profound change. In 2018 senior housing occupancy fell to an eight-year low, even as the senior population continues to increase, as competition for the younger baby boomer market is ramping up and forcing a change to more traditional independent and assisted living options. Active adult concepts… Read More »

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