Today, many estate plans contain an irrevocable trust that will continue for the benefit of a spouse’s lifetime and then continue for the benefit of several generations. Because trusts like these are designed to span multiple decades, it is important that they include...
Many married couples share almost everything, including finances. This may be reflected in their estate plan by using one joint living trust instead of two separate trusts. Separate trusts can provide greater flexibility, but a joint trust can be structured so that...
Do Not Forget Other Important Documents Even if you choose to include a testamentary trust as part of your will, there are other important estate planning tools you must have to properly protect yourself and your loved ones. Because a will only covers what happens to...
You have several different options when it comes to creating the right estate plan. Some people believe that a revocable living trust is the best way to go, while others think that a last will and testament (commonly known as a will) is best under certain...
On behalf of Sayer Regan & Thayer of Sayer Regan & Thayer, LLP posted on Wednesday, December 9, 2020. From incapacity to frequent travelers to old age, there are many reasons why one would need to set up a power of attorney (POA). With this...
On behalf of Sayer Regan & Thayer of Sayer Regan & Thayer, LLP posted on Thursday, October 13, 2022. Whether you don’t have a will yet and want one, or you already have a will but need to amend it, it’s wise to get in touch with your trusted estate planning...
On behalf of Sayer Regan & Thayer of Sayer Regan & Thayer, LLP posted on Wednesday, October 5, 2022. You may already know that a power of attorney is a legal document specifying a person you trust to make specific decisions on your behalf if and when you are...
On behalf of Sayer Regan & Thayer of Sayer Regan & Thayer, LLP posted on Monday, September 12, 2022. Having an estate plan in place is important at any time, but especially right after a global pandemic. That’s because health crises like the one we just had...
On behalf of Sayer Regan & Thayer of Sayer Regan & Thayer, LLP posted on Thursday, August 25, 2022. No one wants to think about their own death, much less plan for it. But being prepared now with the proper documents in place can save your heirs a lot of time,...
On behalf of Sayer Regan & Thayer of Sayer Regan & Thayer, LLP posted on Thursday, February 10, 2022. By Richard N. Sayer, Esq. Living Wills, Powers of Attorney and Do Not Resuscitate (DNR) orders are all legal documents that fall under the estate planning...
On behalf of Sayer Regan & Thayer of Sayer Regan & Thayer, LLP posted on Tuesday, October 19 , 2021. Are you facing retirement? In order to preserve your assets while still being able to qualify for long-term care benefits, you may choose to gift your family...
On behalf of Sayer Regan & Thayer of Sayer Regan & Thayer, LLP posted on Wednesday, April 28, 2021. The landscape of family life is changing. The typical two-parent household is on the decline in this country, as a result of the rise of...
On behalf of Sayer Regan & Thayer of Sayer Regan & Thayer, LLP posted on Wednesday, March 3, 2021. If you have decided you need an estate plan, it’s important to understand what it is, what you want out of it and how it will best serve you....
On behalf of Sayer Regan & Thayer of Sayer Regan & Thayer, LLP posted on Wednesday, November 25, 2020. Many higher end homes are bought and sold in and out of trusts. You may be wondering if placing your own home in a trust is something...
On behalf of Sayer Regan & Thayer of Sayer Regan & Thayer, LLP on Wednesday, June 12, 2019. Protecting your legacy begins with having a strong estate plan in place. This includes assigning a durable power of attorney. This legal process...
On behalf of Sayer Regan & Thayer of Sayer Regan & Thayer, LLP on Wednesday, January 9, 2019 In general, when someone passes away, the probate process is cut and dried. The probate court will appoint a personal representative to administer...