| Mar 11, 2020 | Elder Law, Estate Planning
1. I own everything jointly with my spouse, so we don’t need wills. FALSE. Especially on the death the second spouse to pass away, when there’s no surviving spouse to inherit, a Will would be helpful or even necessary to direct your estate to those who should...
On behalf of Marks Elder Law | Jan 15, 2020 | Estate Planning
When you want to create a secure legal arrangement for property during your lifetime or leave a legacy behind for your loved ones, you may choose to do so using any number of different methods. The manner in which you arrange your assets now or leave them behind later...
On behalf of Marks Elder Law | Aug 5, 2019 | Estate Planning, Firm News
In May of 2019, The U.S. House of Representatives passed a bill called the Setting Every Community Up for Retirement Enhancement (SECURE) Act. The bill will now go to the Senate where it will be further debated. If the bill does eventually become law, it would have...
On behalf of Marks Elder Law | Jun 6, 2019 | Estate Planning, Firm News
In May, the House of Representatives approved the “Secure Act”, a bill intended to “reform” 401(k) and IRA rules. The Senate is now considering its version of these reforms. This legislation, if enacted into law, will change the way IRA and other retirement plan...
On behalf of Marks Elder Law | Aug 27, 2018 | Estate Planning, Firm News
After someone has died, the executor is the person appointed by the authorities to be in charge of winding up that person’s affairs and administering the estate, for the ultimate benefit of the beneficiaries. If you are or will become appointed as an executor...
On behalf of Marks Elder Law | Apr 1, 2018 | Estate Planning, Firm News
Some areas of law change faster than others. Imagine the pace of change in laws regarding technology, the Internet, and the like! Although laws concerning Wills, Estates, Executors, Administrators and estate administration may change more slowly, there are changes...
