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Category Archives: Estate Planning

Read more on the complicated issues related to estate planning that Alatsas Law Firm believes are pertinent to anyone considering or already planning their finance’s future

Why You Should Rethink Your Retirement Investments

Kiplinger.com is suggesting it is time to rethink your financial retirement portfolio. You may have built up a significant nest egg in a 401(k) plan, but it does come with serious baggage during your golden years. It is impossible to argue against the early stages of a 401(k) when employers match your contribution to the […]

All You Need to Know About Advance Directives

Kevin stands at the door of Winnie’s nursing home room, tears streaming down his face. The medical staff just finished inserted a feeding tube into Winnie – an act Kevin knew she didn’t want. Unfortunately, Winnie couldn’t express her wishes due to advanced dementia, and she had no legal documents that expressed her wishes not […]

Using the Crowd to Determine Your Retirement Location

While aging in place is very popular among the baby boomer generation, about one-third of those retirees would choose to live elsewhere. The family remains the most significant factor when deciding where retirees live, followed by the general livability of an area and desirable weather conditions. The decision about where to live should be a […]

How to Choose the Right Nursing Home in 4 Steps

Choosing a nursing home for a loved one is an important decision and should be carefully considered. It is important for families to take the time to explore nursing home options and to carefully assess the nursing home facilities in order to choose the best care for the loved one.  Below are some steps designed […]

The Dangers of a Springing Power of Attorney

Michael was having a wonderful time in Florida while he waited for his Texas house to close. Unfortunately, he took a bad fall and ended up in a Florida hospital. He had his Texas powers of attorney, but the problem was that they were “springing” powers. They were only effective if Michael lost capacity. Michael’s […]

Everything You Should Know About Trusts

This is a common question we hear. Read on for information to help figure out whether you need a trust and, if so, what kind fits your specific situation. For example, maybe you have a disabled child and you want a trust to permit that child to inherit without losing government benefits. Maybe your own […]

Bankruptcy Rates Rise in Seniors

The golden years are turning into bankruptcy red for many retired and aging Americans. While medical advances are keeping seniors alive longer, the associated healthcare costs in the quest for longevity are being off-loaded onto the older individual at a time when reduced income is a hallmark of senior living.  Older Americans are increasingly filing […]

Don’t Be the Person Without a Retirement Plan

A significant portion of Americans are saving nothing for retirement and very little in their day to day lives. While the unemployment rate is low and wages are seeing an increase the American worker is not saving enough of their income which will inevitably lead to shortfalls of operational cash during an unexpected crisis and […]

What Is a Living Will, and How Does It Compare to a Standard Will?

One of the most crucial estate planning documents is a will, but there is also a legal document called a living will that is worth learning about. The Alatsas Law Firm can help you with both of these matters, and it is a good idea to have a basic understanding of what both documents entail […]

8 Types of Trusts You Can Establish with Estate Planning

There’s a misconception that estate planning is only for very wealthy individuals; however, essentially everyone can benefit from learning about how wills and trusts can carry out your wishes after your death. One valuable estate planning tool is trust, which is an arrangement in which a person gives property to another person to be held […]