How a cell phone app can help save your life, protect your kids.

Have you given any thought to how emergency medical care providers or law enforcement officers know who to contact or what to do if you are in an accident? Some people wear wristbands that contain important health information, such as drug allergies or chronic conditions. If you're a Parents Estate Planning Law Firm client, you carry (or should be carrying!) your Family Emergency ID Card, listing the contact Read More

Best Mother’s Day Gift Ever? A Kids Protection Plan®

By now, the flood of floral commercials has already reminded us that Mother’s Day is Sunday, May 12.  But before you plunk down a good chunk of change on something that will wilt and die in a week or so, consider a gift that is truly priceless: a plan for your kids (or grandkids) that provides Mom with peace of mind that, if anything should happen to mom and dad, her children will always be in the care of the people Read More

How to Plan for the Long-Term Care of a Special Needs Child

Parents of special needs children are naturally concerned about how that child will get the care he or she needs after they are gone.  There are several ways to plan for the care of a long-term disabled heir, including: Special Needs Trust – A special needs trust can be established by a parent or grandparent for the care of a child or grandchild of any age in lieu of leaving an inheritance, which would likely Read More

When No One Feels Right, How to Decide Who to Name as Guardians

Reasons Most Parents Have Not Planned for the Care of their Kids The statistics are staggering: most parents do not have wills or other documents naming guardian(s) of their children if something happens to them. Depending on the source, the percentage is between 50-75%. Why? One reason is likely lack of knowledge – some parents might understand that a will is the traditional place to name guardians for children Read More

Your Estate Planning Checklist

The death of a parent… Medical issues… Birth of a child… A milestone birthday… Any of these events can trigger the urge to put your affairs in order and plan your estate. One of the best things you can for your loved ones is to leave them an estate that’s well organized, clear cut and easy to administer. While we talk often about the need for a sound estate plan, we know that trying to plan your estate can be Read More

What If?

Most people start the process of estate planning to deal with “What If”. What If you died and your children were still too young to care for themselves? What If you were no longer physically able to care for yourself? What If you had very specific instructions for how your property should be passed on? Every person on the planet has an individual list of things they worry about.   And those worries are often what Read More

Saving Your Heirs From Themselves

You’ve worked hard for your money... You’ve made some good investments and lived well within your means... You want to leave as much as possible to your heirs but... That grandson has a serious snowboarding addiction... Or maybe your daughter is just crazy about her new husband and the guy hasn’t had a steady job since he mowed yards in eighth grade... You don’t want to disinherit them but how do you save them Read More

Protecting Your Child’s Identity

The holidays are upon us, and unfortunately, so are the opportunities for being victims of fraud. Most of us are savvy enough to know we should shred our credit card bills and anything else with identifying information on it. But have you thought about protecting your child’s identity? Child identity theft is a fairly new problem but it’s happening more and more. And according to the FTC, 5% of the victims were Read More