Estate planning is the thoughtful and strategic process of arranging and managing one's assets, properties, and affairs to ensure that their wishes are carried out both during their lifetime and after their passing. Estate planning goes beyond merely creating a will; it can also encompass establishing trusts, designating beneficiaries, appointing guardians...
Taking a Look at Princess Diana’s Last Will and Testament
Princess Diana stood not just as a passionate advocate but as one of her generation's most revered and cherished figures. The unexpected passing of the Princess of Wales on August 31, 1997, brought profound grief to the world. In the wake of her sudden passing, many questions regarding the existence...
Estate Planning for Special Needs Children: Ensuring a Lifetime of Care & Support
Parents of special needs children face unique challenges when it comes to planning for their child's future. Estate planning plays a vital role in ensuring the ongoing care, financial security, and quality of life for your special needs child. In this article, we will explore the key considerations and strategies...
How to Add Your Vacation Home to Your Estate Plan
The treasured memories built within the walls of your vacation home are priceless and preserve the essence of your family and life. While you may only visit the property on special occasions, holidays, and weekends, ensuring the home stays in the family is vital in upholding long-lasting traditions. Estate planning...
What Happens to Your Social Media Accounts When You Pass Away?
Whether promoting a business or sharing memories, social media has become an intricate part of most people’s daily lives. After spending hours building an online presence, you may question what happens to these accounts after you pass away. While the circumstances depend on the platform, most social media companies allow...
Protecting Your Home with a Medicaid Asset Protection Trust
Contact Us to Learn More About the Medicaid Asset Protection Trust As we age, it's important to think about protecting our assets and planning for the future. One way to protect your home and other assets is through a Medicaid Asset Protection Trust (MAPT). In this article, we'll explore what...
It’s Time to “Spring Clean” Your Estate Plan
Spring is the season of new beginnings and fresh starts and if you are like us, motivation to clean out your closets, declutter the house – and update your estate planning documents. While spring cleaning and estate planning may seem like unrelated tasks, they have more in common than you...
Planning for Your Pets
We are animal lovers at Fratello Law! Including your pets in your estate plan is important to ensure that they are cared for in the event of your incapacity or death. Here are some steps you can take to plan for your pets:Identify a caregiver: The first step is to identify a...
4 Reasons Why a Senior Parent Needs an Estate Plan
While estate planning is important for all adults, seniors are more vulnerable to injuries and illnesses that leave them unable to take care of themselves and communicate their needs. Protecting a senior parent’s assets, wealth, and future is critical for a smooth transition into their new stage of life. A...
Estate Planning and Your Wine Collection: Preserving Your Legacy
As a wine collector, I know that you have spent years curating a unique and valuable collection. Each bottle represents a cherished memory, a special occasion, or a milestone in your life. My personal collection is centered on my travels throughout the wine producing world and memories of meeting wine...