The Plain English Attorney Blog
Far too many attorneys overcomplicate things, making topics convoluted and difficult to understand to the average person. This blog is committed to explaining legal planning topics in an easy to understand format, in plain English. Enjoy the blogs, and please let us know if there is a topic you would like covered.
Sign up for Our NewsletterCheck Out Our Free Webinars
Estate Crash Course Webinar In-Law Protection Planning Webinar
When doing your estate planning and setting up a revocable living trust, should a law firm or attorney be your trustee? In this video, I review a post that focused on whether or not the compensation the firm wanted was fair, but the real question should have been whether or not it was a good idea...
Happy Independence Day! I hope you are taking some time today to enjoy the freedoms we have in whatever way you want.
I know it sounds like a stretch to compare our country's independence to estate planning, but hear me out on this. In 1776, our colonial leaders decided they didn't want...
One of the most important estate planning items on your checklist is choosing the right trustees to handle things if you become incapacitated or pass on. But how do you go about choosing them? Should you pick an attorney? Your children? Your best friend? In this video, I go through the basic...
It seems like there should be a simple solution, but often the simplest solutions have the most complex ramifications and pitfalls. In this video, I review two posts from Reddit about different options to make sure critical transfers or payments from an account will continue even after...
With little fanfare, I have launched the new Fit and Legal YouTube channel focused on health and fitness.
The reason there is so little buzz and promotion around this channel launch is because it is not doing anything different from what I have been providing for the Fitness Friday...
Small business professionals understand that there is a lot put on them to generate revenue to not only keep the business going but also to prosper. There is only so much that advertising, marketing, and promotions can do to get people in the door, but then it is entirely on the professional and...
This happens quite frequently when couple clients move to the area, ask to meet with me about updating their current estate plan… and they have two trusts. Or when meeting with clients who want to avoid probate for their estate, but they are just starting to learn about revocable living...
The situation in this Reddit post is extremely typical among people who haven’t had to deal with a probate estate before, and my office gets these initial calls all the time. “So-and-so passed on, I need to get control of their checking account, but the bank said I need Letters...
Millennials have unique challenges that Boomers and Gen X have not had to face. These challenges include financial, legal, and family problems including estate planning issues probably unthought of by Boomers and the generations before them. The checklist includes:
- Having forgone college,...
Kathy and I spent a few days on the beaches of Wilmington, North Carolina, and I was able to record this third installment of My Fitness Journey focusing on the caffeinated drink of choice that helped me go from somewhere around 220 to 171 pounds over six months. When I did just a little bit of...
Thanks to a subscriber who sent in a question about the “Married ABC Trust” and how the tax ID numbers work. In this video, I explain how the trust works while both members of a married couple are alive, and then how the tax-saving A, B, and C subtrust “compartments” work...
