Planning for Special Circumstances

Will a Gift I Make To My Married Child Be Community Property?

A very generous father contacted me over the weekend. He wanted to buy a house for his son, but was concerned that the house would become community property because his son was married. He wondered if there was a way he could ensure that the gift to his son was classified as separate property. InRead More

How to Avoid Being Victimized by Fraud

My mother received a phone call a few weeks ago from someone claiming to be an Apple representative. The caller claimed that a breach in my mother’s iCloud account had been detected. She asked that my mother provide some sensitive information on the phone and authorize remote access of her computer. My mother refused. SheRead More

Does Your Insurance Policy Name Your Ex-Spouse As a Beneficiary?

Suppose you have a life insurance policy issued as part of an employee benefit plan which identifies your spouse as your primary beneficiary and your adult daughter as the contingent beneficiary. Years down the road, your marriage falls apart and you get a divorce. Your divorce decree provides that your ex-spouse is divested of allRead More

Five Reasons Why Parents of Young Children Need Estate Planning

If you are a parent of young children, getting your estate plans in order can help you ensure that your minor children will be protected in the event the unthinkable happens. Estate planning is critically important for parents with minor children because: It allows you to select a guardian for your children in the eventRead More

Estate Planning for For College Students

Eighteen years ago, as I strolled through Babies”R”Us with my newborn baby propped on my shoulder, a middle-aged woman walked up to me and said: “Enjoy every minute. It doesn’t last long.” She was right! In what seems like a blink of an eye, my oldest son turned eighteen this week! It’s bittersweet. Seeing the amazingRead More

The Risks of Living in Denial of Early Azheimer’s Symptoms

Last week, I discussed the ten warning signs of Alzheimer’s disease and the fact that because symptoms progress slowly, many family members live in denial until an event happens that is so uncharacteristic or bizarre that the symptoms become undeniable. However, denial of these early symptoms is risky. The longer symptoms go untreated, the lessRead More