Paul Kraft
Through the use of Living Trusts, Wills (simple & complex), Powers of Attorney, Living Wills, Irrevocable Trusts, Family Limited Partnerships, and Charitable Gifting Strategies, our firm helps families preserve their wealth for future generations, minimize estate taxes, and avoid the expense and nightmare of probate.
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Displaying Results 1 - 19 (of 19) for All Content
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Are Entitlements for Seniors Sacrosanct?One of the most pressing matters facing lawmakers on Capitol Hill at the present time is the federal budget.
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Standard Will Vs. Living WillA lot of people hear the term "estate planning" and immediately think about the document called a will, or last will and testament
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A Look at the Veterans a & a PensionThose who are planning for the latter stages of their lives are tasked with the responsibility of trying to make projections with regard to the expenses they can anticipate
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Long-Term Care & MedicaidWhen you are keeping your finger on the pulse of elder law issues the costs associated with long-term care stand out as a matter of ongoing concern
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All About Probate AttorneysProbate attorneys are a calming and supportive presence, guiding the executor of an estate through the process of estate settlement.
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What is Assisted Living?Assisted living is a type of residence for the elderly and disabled that may need assistance with daily living, but don't necessarily need around the clock care like is available from nursing facilities
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2010 Long Term Care Study Raises ConcernsEstate planning is part of the broader field of elder law, which invariably includes retirement and incapacity planning
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New Year Ushers in Revised Estate TaxThe estate tax was repealed in 2010 due to a provision that was contained in the Economic Growth and Tax Relief Reconciliation Act of 2001
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The Dangers of Dying IntestateMany people think that wills are only for the rich. I do not have a lot of property, why should I worry about having a will.
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What Services Do Medicaid Lawyers Provide?Medicaid is the federal program that provides healthcare benefits to a wide variety of people including uninsured individuals with low income, pregnant women, certain children and disabled individuals, and senior citizens who need nursing home care.
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When Should You Start Thinking About Estate Planning?If you are even thinking about this question, the answer is probably NOW. You need to start the process of estate planning now.
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Do You Need a Will or a Living Trust?One of the most common mistakes that people make with estate planning is in thinking that if they are not wealthy, they don't need a living trust.
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What is Living Probate?When we die, our property typically goes through probate - a process where the courts read our Will (if we have one), appoint an executor of our estate, and determine how our assets should be distributed. This is known as "death probate."
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Five Ways to Store Your Estate DocumentsWhere you keep your estate documents is important. Your documents must be kept safe from natural disasters while remaining easy for your family to find after you pass away. There are five common ways to store your estate documents safely.
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Spendthrift Trusts Protect Poor Money ManagersIf you want to leave money to a friend or family member when you die, but are worried about their financial acumen, you might want to consider establishing a spendthrift trust.
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Adult Guardianship: Caring for One Who Can No Longer Care for ThemselvesAdult guardianship is a legal proceeding in which a '˜ward' is found lacking in the capacity to care for themselves and legally authorizes a guardian to make their decisions.
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What is Long Term Care Insurance?Contrary to popular opinion, long term care insurance is not health insurance or even disability insurance.
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How to Appeal a Denial of Social Security BenefitsAlthough you may not have any problems qualifying for your Social Security benefits once you reach retirement age, there is always a chance that you could be denied. If this happens to you, there's no need to panic.
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What Are the Benefits of an IRA Trust?Ordinarily, when you have an Individual Retirement Account (IRA), you name a beneficiary and, at your death, the IRA goes to that person. The beneficiary has complete control over the account and can choose a couple of routes.