With tax time behind us, it presents a golden opportunity to ensure that your thoughtful estate plan is comprehensive and fully aligned with your financial landscape. In this blog, we explore how tax time can be the perfect moment to review, adapt, and fully fund your trust, creating a solid foundation for the chapters ahead.…
The goal of any good estate plan is to preserve family harmony. This means making decisions that will last the test of time, having a document flexible enough to allow a successor trustee and an adult beneficiary to make smart tax and asset protection choices, and taking personal relationships and personalities into consideration when assigning roles and naming beneficiaries.…
It’s women’s history month! Estate planning safeguards women – single women, married women, widowed women, divorced women, mothers, women who do not have children, trans women – ALL WOMEN. Rich women, poor women, all women! How Estate Planning Protects Women Incapacity Planning: Who would be in charge of your assets if you could…
Estate planning is not filling out a form, entering information into a database, and signing documents. Effective personalized estate planning must include lengthy and comprehensive conversations with a lawyer who dedicates their practice to estate planning. A good estate planning lawyer will help you spot all types of risks, from being underinsured to caring for…
When you pass away, your family may need to visit a probate court in order to claim their inheritance. This can happen if you own property (like a house, car, bank account, investment account, or other asset) in only your name. Although having a will is a good basic form of planning, a will does not avoid…
Personalization is the key to an effective estate plan. The best estate plan is one that reflects your goals and values, minimizes risk for the beneficiaries, and addresses the specific circumstances of your life. I recently met with a potential client who created his estate plan just after his son was born—he had every…
A Conversation Worth Having With the holiday season just around the corner, why not take some time to have a friendly chat with your loved ones about estate planning? The holidays can be both a tricky and a great time to talk. You need to know whether or not your parents have put together an…
Secure Your Family’s Future: The Vital Importance of Estate Planning for Young Families Starting a family is a wonderful journey filled with joy and love. However, it also brings new responsibilities and considerations. Estate planning is not just for the wealthy or the elderly; it’s a crucial step for parents with young children. Here’s why:…
Most divorce professionals believe estate planning is something to do “after the divorce is final.” But what happens if a divorcing person loses capacity or dies before their divorce is final? Que horror stories! Engaging in estate planning during the preliminary phase of divorce (pre-petition) is optimal, and De Fonte Law PC works with clients…
At De Fonte Law PC, we firmly believe that estate planning is a social justice issue. A family that doesn’t have much can lose everything if they don’t have a personalized estate plan. Estate planning is about who you love, who you trust, and who is counting on you. We all need to give people…