Why are Living Trusts called “Living Trusts”?
At my recent Seminar one of the questions was “Why are Living Trusts called “Living Trusts”? The person who asked is very intelligent and it is a really good question especially since Living Trusts focus on planning for what happens to your estate when you die, avoiding probate and taxes. The term Living Trust has […]
Continue readingNew Law Regarding Inherited IRAs
ALERT! There is a new law regarding inherited IRAs. Here are all the facts: SECURE Act and the Death of the Stretch-IRA On May 23, 2019, the House of Representatives passed the Setting Every Community Up for Retirement Enhancement Bill of 2019 (the “SECURE Act”). Congress just agreed to a bipartisan appropriations bill that will […]
Continue readingHoliday Real Estate Plans
As the holiday season approaches, we anticipate joyous family gatherings, great food, holiday merriment, and…estate planning? While it may seem like a taboo topic for a fireside chat, estate planning is critically important, and the holidays can present the perfect time to get things in motion. Here at The Law Offices of Martha Patterson, our […]
Continue readingGiving Thanks To Our Parents and Giving Back
It is our duty to take care of our parents, just as they did when we were growing up. This thanksgiving, we must not forget that they raised us to be the people we are today. That is why the law professionals at The Law Offices of Martha Patterson want to make sure you are […]
Continue readingLearn All About Protecting Your Home
Protecting your assets and your family as you grow older can be a scary experience. The last thing anyone wants is to lose the value of their property and not be able to pass that on to other family members. Luckily, The Law Offices of Martha Patterson can help you plan for and manage your […]
Continue readingCaregiver: Did You Take Care of Your Planning?
I meet many people who are in their 80s and 90s, and almost all of them are facing some kind of health challenge. I focus on making sure that my clients have a plan for both what happens when you die and what happens when you live and need help with care and paying your […]
Continue readingThe MUST HAVE Holiday Conversation
Holidays are just around the corner and families will be gathering to celebrate. This is the time of year when you are able to spend time with your parents. The Alzheimer’s association reports that at age 80 half of all people have some form of dementia, thus if your parents are in that age range […]
Continue readingThe Uncomfortable Conversation about Healthcare Decisions
It’s the Holidays and we all want to talk about Happy Times and Happy Memories. No one wants the memory of my friend who will always remember that just days after Christmas he was called to the hospital he was only 27, his grandmother was gravely ill. His parents were out of town and could […]
Continue readingThe Law Has Changed Time to Update the Trust
As I write this a New Tax Law has just been passed. After spending over 5 hours reading about the new law, the one thing I know is that like all laws whether or not you can benefit from any tax law is based upon your ability to find help in knowing how to make […]
Continue readingAsset Protection
One of the opportunities an Estate Planning Attorney such as Martha Patterson has is to protect inheritances from Creditors. Martha Patterson understands that it is not unusual for someone to want to help a loved one who is facing money problems by leaving an inheritance to the person. Martha also understands that often people with […]
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