Vallone Law Blog
Nobody lives forever, but our legacies will. There's a lot to think about when it comes to your final act and what and who you leave behind. This is a blog about estate planning, elder law, and wisely looking ahead.
Intent Letters: Why They Are Important
Business and personal issues can be addressed in a letter of intent (LOI). Your LOI is a valuable piece in your estate planning, and although it is...
The Impact of Tax Law Changes on Estate Planning
Due to changes in tax law on the verge of becoming law, more commonwealth transfer strategies may have significant impacts. While it is too early to...
The Government Offers a Variety of Senior Benefits
Financial insecurity is a major problem for many US seniors due to current inflationary pressures. Aside from cutting back on unnecessary expenses,...
Supporting Aging Parents
It can be troubling to see your parents decline as they age, especially since they are often reluctant to admit how much help they need. They may...
Equality Is Usually Viewed as Equitable
When it comes to deciding how to leave property to your children, the obvious choice is to divide everything equally. That is the straightforward...
Make Your Wishes Known While You Are Still Able to Do So
Many of us have now seen a friend and loved one slowly and painfully die from Alzheimer's disease. In the final stages of this and other dementia...
The Importance of Exercise and Physical Activity as We Age
Exercising and staying physically active have long been recognized as being beneficial for people of all ages, but they become even more important...
Keeping Your Family Informed About Your Estate Plans and Goals
A comprehensive estate plan is the foundation for a successful transfer of wealth to your loved ones. However, many of us often overlook the crucial...
Prepare for Emergencies, Don’t Wait
Doesn't that sound like something your mother would say? Do you often wish you had listened to your mother? Nobody really wants to think in advance...
Revocable Trusts: An Overview
We received the following question from a client: After my brother died, he left money in a revocable trust for my children – but they could only...
How to Incorporate Cryptocurrency Into an Estate Plan
Digital assets tend to render traditional estate planning elements obsolete. Crypto-assets may comprise significant individual wealth in the forms...
The Role of a Will Extends Far Beyond Transferring Assets
According to Care.com, 57% of U.S. adults do not have a Last Will & Testament (a "Will"). The survey found that participants were more likely or...
Caring for Someone at a Distance
Long-distance caregiving is defined by the National Institute on Aging (NIA) as providing care for someone who lives an hour or more away. This type...
Geriatric Care Managers Are in Greater Demand
Professional geriatric care managers don't just respond to a particular age, but to a senior's unique health care needs. The truth is aging is a...
Probate With or Without a Will: Understanding the Process
It is widely known that probate is a process that begins after the death of a loved one, and it occurs in probate court. Unfortunately, fewer people...
There Are Times When Giving Is Better Than Receiving
If it is possible that a loved one will need Medicaid assistance within the next few years, that person should not give gifts. This can be sad if...
Planning an Estate for Blended Families
Today's American families commonly have stepchildren, and they are treated as if they were full biological children, even in cases of inheritance....