Estate Planning Archives - Milvidskiy Law Group P.C.
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14 05, 2021

Younger Adults Now More Likely to Have a Will, According to Survey

2021-05-14T08:49:30-04:00May 14th, 2021|

A new survey has found that motivated in part by the coronavirus pandemic, younger adults are now more likely to have a will than middle-aged adults. Nevertheless, the overall percentage of Americans with a will has dropped over the past [...]

3 05, 2021

The Vacation Home: Uniting the Family or Tearing It Apart?

2021-05-03T12:38:25-04:00May 3rd, 2021|

Inheriting a vacation home with your siblings can be a great thing or it can cause huge problems within the family. Planning ahead can help prevent sibling disagreements.  When siblings co-own property and one sibling wants to sell, that sibling [...]

5 04, 2021

9 (Potential) Problems with Your Trust

2021-04-05T11:33:01-04:00April 5th, 2021|

All trusts should be reviewed every few years to make sure that they are up-to-date with the law and meet your current goals. Following is a checklist of trust features you can review yourself. But be aware that these only [...]

29 03, 2021

Why an Irrevocable Trust May Be Superior to Gifting

2021-03-29T11:30:51-04:00March 29th, 2021|

Parents and other family members who want to pass on assets during their lifetimes may be tempted to gift the assets. Although setting up an irrevocable trust lacks the simplicity of giving a gift, it may be a better way [...]

22 03, 2021

How the $1.9 Trillion COVID-19 Relief Bill Aids Seniors

2021-03-22T16:25:49-04:00March 22nd, 2021|

The latest COVID-19 relief bill, in addition to authorizing stimulus checks, funding vaccine distribution, and extending unemployment benefits, also provides assistance to seniors in a number of ways.  The $1.9 trillion American Rescue Plan Act (ARPA) delivers a broad swath [...]

19 03, 2021

New Guidance Eases Recommended Restrictions on Nursing Home Visits

2021-03-19T09:58:53-04:00March 19th, 2021|

The Centers for Medicare and Medicaid Services (CMS) has issued new guidance on whether families can visit loved ones in nursing homes. The guidance allows indoor visitation even when the resident has not been vaccinated.  The coronavirus pandemic has hit [...]