Frequently Asked Estate Planning Questions- National Estate Planning Awareness Week

I hope you've enjoyed reading and learning about estate planning during National Estate Planning Awareness Week. We believe that knowledge is powerful and being prepared is liberating- and we appreciate you, area parents, for partnering with us in our mission to educate families - especially young families - about the importance of planning. To wrap up the week, I'd like to take a moment to summarize everything Read More

Adult Child (18+) Planning – National Estate Planning Awareness Week

Did you know that, if you have children, once your child turns 18, you can no longer see your child's medical records, or get information about your kids? In the eyes of the law, once your child turns 18, they are considered adults and on their own. At The Parents Estate Planning Law Firm, PC, we have 3 different legal documents for kids to sign, allowing their parents to access their information the same way that Read More

National Estate Planning Awareness Week 2018

Congress has designated the third week in October "National Estate Planning Awareness Week" (October 14-20, 2018). Estate planning is an often overlooked area of personal financial management.  By some estimates, 70% of American parents do not have an estate plan!  Most mistakenly hear the word "estate" and assume "estate planning" is just for the Bill Gates of the world. Estate planning, however, is for Read More

Frequently Asked Estate Planning Questions- National Estate Planning Awareness Week 2017

I hope you've enjoyed National Estate Planning Awareness Week as much as we have! It's our mission to ensure that every child in the Commonwealth is protected -no matter what- and we appreciate you, area parents, for partnering with us in this mission, as you make educated, loving choices regarding estate planning for your family. To wrap up the week, I'd like to take a moment to summarize everything we've covered Read More

18+ Planning – National Estate Planning Awareness Week

A question we get a lot from our clients, who are planning with us is "We are protecting our kids, but are our kids, themselves actually protected?" When this question comes from a client with older children, we advise our clients that, when your kids turn eighteen, they are legal adults. At that time, parents can no longer see their child's medical records, they can't get information about their kids, anymore, Read More

National Estate Planning Awareness Week 2017

Congress has designated the third week in October "National Estate Planning Awareness Week" (October 15-21, 2017). Estate planning is an often overlooked area of personal financial management.  By some estimates, 70% of American parents do not have an estate plan!  Most mistakenly hear the word "estate" and assume "estate planning" is just for the Bill Gates of the world. Estate planning, however, is for Read More

My child is over 18 years old. What legal documents do they need?

A question we get a lot from our clients, who are planning with us is "We are protecting our kids, but are our kids, themselves actually protected?" When this question comes from a client with older children, we advise our clients that, when your kids turn eighteen, they are legal adults. At that time, parents can no longer see their child's medical records, they can't get information about their kids, anymore, Read More

Not The End, But A New Beginning

In the next two months, those words will ring out in high school graduation ceremonies all across the country. And if you have a high school senior in your home, then chances are that things are about to change dramatically, both for you and your high school senior. There are a few things that you need to take care of before sending your senior off to college. In essence, you need to really prepare your student for 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

The 5 Documents Every Parent Needs in 2009

Today, I am passing along a true story originally published in Parents magazine. This story is repeated more often than you realize. The sad part is that this should not happen to any family... When Aliina Laine was 8, her mother died suddenly, leaving six children, ranging in age from 8 to 26, and no will. After his wife's death, Aliina's father decided to write a will, but he died of a heart attack five weeks Read More