06

Mar

Should the Trustee of My Trust Be Different during My Incapacity Than at My Death?

When you create a trust, choosing a trustee is one of the most important decisions you will make. If you create a revocable living trust—that is, a trust that you establish during your lifetime and can revoke or amend—you may opt to act as trustee for your trust, retaining the f...

View More

06

Mar

National Make a Will Month: Securing Your Legacy for the Future

Welcome to National Make a Will Month! This month-long initiative serves as a timely reminder of the importance of creating a last will and testament. Preparing a will is a crucial step in safeguarding your assets, ensuring your loved ones are taken care of, and preserving your...

View More

Category: Estate Planning


06

Mar

The Importance of Reviewing Legal Documents When Relocating

A Lesson from Holographic Wills As we navigate through life, there may come a time when we have to relocate to a different state. Moving involves many considerations, and it’s important not to overlook the impact on legal documents, especially those related to estate planning. E...

View More

Categories: Estate Planning Trusts


06

Mar

What Does “Devise” Mean in an Estate Plan?

When creating an estate plan, you may encounter unfamiliar terms that can be confusing. Adding to the confusion, some of these terms may sound the same but have different meanings and spellings. For instance, “heir” refers to someone who receives money or property through a will...

View More

Categories: Estate Planning Trusts


06

Mar

What Not to Include in Your Estate Planning Documents

One important purpose of estate planning is to facilitate the transfer of ownership of your money and property to your family and loved ones when you pass away. For this transfer to be as stress-free and efficient as possible, it is crucial that estate planning documents be thoro...

View More

Categories: Estate Planning Trusts


06

Mar

Home Security Systems and Estate Planning

Are You Protected from Property Crime? Did you know that property crimes are the leading type of crime in the United States? Every year, around 2. 5 million homes are burglarized. A break-in occurs every twenty-six seconds, and a burglary occurs every fifteen seconds. Yet few...

View More

Category: Estate Planning


06

Mar

Are You Single with a Minor Child? If So, You Need a Plan

You have a minor child who depends on you for their survival, so you need to make sure that they will be cared for if you are ever unable to care for them. By creating an estate plan, you can address your minor child’s care and custody and provide instructions about how your mone...

View More

Category: Estate Planning


06

Mar

Secure Act 2.0—Boon to Charitable Gifting?

Congress recently passed the Secure 2. 0 Act of 2022 (the “Act”); it became law on December 22, 2022. The Act is designed to encourage retirement saving and really has very little practical effect on estate planning in general, but it does contain some advantages to those who are...

View More

06

Mar

Important Things to Do As You Begin 2023

January is National Mentoring Month: Three Creative Ways to Use the Estate Planning Process to Be a Mentor From Iron Man and Spiderman to the relationship between Hopper and Elle in Stranger Things, the value and importance of mentor relationships is everywhere we look. And this...

View More

Categories: Estate Planning Trusts


06

Mar

2022 Year End Letter from Strauss Attorneys

We are coming to the end of another year! It has been, yet again, a roller-coaster of a ride. This year marked the apparent end of Covid, as well as The Godfather’s fiftieth anniversary. And, of course, we all are feeling the pinch of rising inflation rates. For estate planners...

View More