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February 2019 Archives

What events spur people to put an estate plan in place?

Too many people put off developing their estate plan until they're in their senior years. However, many of the people who put some type of estate plan in place in their younger years -- even a simple will -- do so because of an impending life event.

How long will your estate's probate last?

If you are putting off making your estate plan, you may be looking for just the right motivation. For many, avoiding the substantial federal estate taxes is a good reason to carefully plan their estate. Others have special circumstances, such as a loved one with disabilities or an estranged child they wish to disinherit.

How to limit your co-parent's requests for schedule changes

No matter how carefully considered and detailed your custody and visitation agreement is, there may be times when you or your co-parent need to deviate from it. Usually, when co-parents can't take the kids for their scheduled parenting time, they negotiate a "swap." If a co-parent has to go out of town for business or a family emergency on the weekend the kids are supposed to be with them, for example, they'll ask their co-parent to keep them and promise to take them for a different couple of days.

Building a strong divorce team

If you've made the decision to divorce (or your spouse has), it's essential to have a strong team of professionals supporting you. This starts with finding the right attorney. Don't just Google family law attorneys in your area. Talk to people you know who have fairly recently divorced to get some recommendations.

What is 'right of first refusal?'

As you and your spouse are working out your custody agreement, you might want to include something called the "right of first refusal." This means that if you or your spouse is not going to be able to care for your children during a time when you have custody of them, you must contact your co-parent to give them the opportunity to do so before you ask a family member, babysitter or someone else to do so. This can include after-school situations where you won't be available to pick up the kids and take them home, an evening out or an unexpected business trip.

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