Initially, on Aug. 5, 2021, President Biden issued a memorandum to defer for 18 months the removal of eligible residents of Hong Kong who were present in the United States as of that date. This Deferred Enforced Departure order (DED) for Hong Kong residents was… Read More »DED for Hong Kong Residents
Clients often approach us about disinheriting family members. As families sometimes drift apart, so does their desire to share their wealth, even after death. Nevertheless, removing a close family member from your estate is a serious issue that requires careful consideration. Disinheriting the natural objects… Read More »Disinheriting Family Members
Would you readily share your entire browser history with your spouse, parents, or children? If the answer is yes, then congratulations! This article is probably not for you. But if you’d feel at least a bit uneasy, don’t worry – you are not alone. About… Read More »Hide Your Browser History from Your Heirs
Back in the day, purchasing a video game meant going into a store, picking up a colorful box, and installing the software on your computer or inserting the cartridge into your video game system. You could easily give these games away to your kids or… Read More »Do You Lose Your Video Games when You Die?
The time when you could simply give away your photo albums or stamp collection in a will has long passed. Today, most of our creative assets live in cyberspace, scattered across various social media platforms. Naturally, you still can mention your accounts in wills. However,… Read More »What Happens to Your Social Media when You Die?
The pet heir is a popular movie and TV trope. Rich person gives his or her fortune to the family pet rather than disgruntled relatives. Hilarity ensues. In real life, you may remember some celebrities leaving sizable estates to their beloved pets. Miami heiress Gail… Read More »Can You Leave Your Fortune to a Pet?
Generally, it is a good idea to update your estate plan at every major life event, such as pregnancy, marriage, divorce, or major purchases. The U.S. Supreme Court decision of Dobbs v. Jackson’s Women’s Health Organization, 597 U.S. ___ (2022) has profoundly shaken up the… Read More »Estate Planning after Dobbs
Smart Move or Risky business? Joint bank accounts are an extremely popular estate planning tool. They are readily available and don’t require any complicated paperwork. Most commonly, parents open joint accounts with their children, enjoying the apparent peace of mind knowing that their children can… Read More »Joint Accounts in Estate Planning
When the Housekeeper Becomes the House-Keeper: Grandma Gertrude and Walt are healthy octogenarians. They own their own home and are enjoying their retirement savings and pensions. They have two adult daughters, Christine and Tara. Gertrude and Walt execute mutual wills to ensure the survivor is… Read More »Guardianship Scams Explained
Q: Do I need an attorney or notary to make a will? A: No, you can draft a will yourself. But keep in mind that a poorly drafted will may not be enforceable and may leave ambiguities that invite litigation. Q: Can I simply hand… Read More »Wills: Frequently Asked Questions