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Your goal is to have paid off all of your debts by the time you pass away. You make a good living, so you know that it’s possible with the right planning. There is plenty of money to get things taken care of properly. But you also know that there are going to be some...
Pretty much everyone wants to pass down a little something to their loved ones when they die. You work hard to make wealth so you can provide for the people you care about. And the last thing you want is to see a huge chunk of your hard-earned wealth go to the...
You can use an advance directive to make your medical decisions in a few different ways. The first one is simply to make your end-of-life treatment choices in advance, write down a list of instructions, and keep it on file so that the medical team can refer to it. For...
The COVID-19 public health emergency, first declared in January of 2020, will continue through October 13, 2022, following renewal by US Department of Health and Human Services Secretary (HHS) Xavier Becerra. The decision comes in the shadow of another Omicron...
You’re setting up your estate plan, and you want to make sure that things go smoothly and there are no disputes between your children. Maybe you’ve heard stories of families caught in these disputes, and they end up never speaking again or having a long-term falling...
You are making your estate plans and want to leave a substantial amount of money to your only child. You have some concerns because they are not good at managing their money. How can you provide for them without enabling their bad habits? A spendthrift trust fund is a...
The team at Korsinsky and Klein LLP is excited to announce that founding partners, Michael Korsinsky and Joseph Klein have once again been selected to the Super Lawyers list for 2022. Super Lawyers is a rating service of outstanding lawyers who have attained a...
It’s argued that everyone should have a will, even if you don’t have an estate to consider distributing. Many young people wait to write their will until they’ve developed more assets, bought a home and created a nest egg. While a large focus of a will is asset...
You may have diversified your personal holdings to protect yourself and your family members against any economic changes. However, the more complex your holdings are, the more likely it is for your family members to fight over some of your assets after you die. The...
When transferring the ownership of real estate or property to your loved one or a trust, you must sign off your legal claim to the property or asset under consideration. The fastest way of doing this is by using a quit claim deed. A quit claim deed is a legal document...