All posts by Tom Lofton

Where People Get Confused About Wills and Trusts

While it is not possible to dispel everything that people mistakenly believe about wills and trusts, a few things come up often enough that it is important to make sure you do not hold these mistaken beliefs.

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Are You Leaving Your Health Care Decisions Up to Others?

If you do not plan ahead for what might happen to you if you are ever incapacitated, then your family (or others) will have to make health care decisions for you. That can cause them a lot of stress and may not be the wishes you have.

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When (and How) Should You Change Your Estate Plan?

It is important to change plans, when things change that make your previous plans bad.

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Cryptocurrency Adds a New (and more complex) Dimension to Your Estate Plan

The increasing popularity of cryptocurrencies creates challenges for planning how those assets will be handled, after the owner passes away.

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Why Your Estate Plan May Not Work the Way You Think

There are a variety of things that can make your estate plan less effective and not accomplish what you think it will. However, some things happen more often than others.

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How Does Medicare Advantage Affect the Quality of Your Nursing Home?

A recent study suggests that Medicare Advantage enrollees are more likely to go to lower quality nursing homes, than people enrolled in traditional Medicare.

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There are “Legal” Ways to Eliminate Disputes and Keep Family Harmony

If you know that your family is likely to fight over your estate, you can limit the fight greatly, by using a trust instead of a will.

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Who Knows About Your Advanced Medical Directives?

If you have a health care power of attorney and living will, you should make sure that someone you trust knows where to find them.

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Estate Sales Don’t Always Work the Way You Plan

Estate sales are increasingly popular ways to get rid of unwanted items of personal property from an estate. But sometimes there are surprises.

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A “Trust” is Not Always the Right Answer

Getting a trust for an estate plan is often presented as something that everyone should do. However, trusts are not always needed and have some drawbacks of their own.

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