Musings and Counsel from London Baker Law

Beneficiaries: Who Gets What 17.04.2023 3:18 ↓

Check these on a regular basis. Remember minors are not able to inherit liquid assets; check so you’re sure you’d still name them. If you’ve been divorced, be sure your former spouse isn’t named on anything you don’t want them to have.

We ALL need a plan – Basic Steps 10.04.2023 5:54 ↓

Inventory your Stuff tangible personal property (books, clothes, jewelry, etc.) intangible property – money, investments, retirement, etc You and your family will be better off

Wills, Contests, and Do-It-Yourself 20.03.2023 5:52 ↓

About Will contests – it’s important to consider what motivates the idea – and to check out the feasilbility of pursuing it. It’s expensive, and probate litigators are unlikely to work on anything but a cash-in-advance basis with no promise of success. DIY’s are not advised, at least not by me. If a person wants one, be sure to get it reviewed by an attorney.

Key Surprise Areas Without Proper Planning 13.03.2023 5:48 ↓

People don’t consider the impact of not having a designated person to help with finances if you’re not able to do it yourself – things as simple as paying bills – until you’re not able. Leaving assets to minors because good counsel may not have been asked for an offered. Minors cannot directly inherit – it’s costly and emotional if proper planning isn’t done. What about guardianship of minor child...

Medicare and Medicaid – The Differences 06.03.2023 4:12 ↓

Both of these programs are confusing. It’s important that people moving into their 60’s get educated so as to make informed decisions.

Plan in Advance – Think About This ‘stuff 27.02.2023 8:10 ↓

It’s not possible to communicate too often about the importance of planning.

“Never” is Not the Right Time for Estate Planning 09.01.2023 3:21 ↓

Never is not the right time for estate planning. Whether it is a simple Will or a Power of Attorney, Healthcare Surrogate or Trust – now is the right time to plan. We never know what the future holds. But one thing you can be sure of . . . you can have peace of mind knowing that your valuable assets and heirlooms will go to the people you love.

Artifacts 19.12.2022 7:46 ↓

Everyone has ‘things’ that they keep to remind them of something that happened in their life. Most of us don’t share the stories behind those ‘things’ so our families and friends can know us better. Could be a favorite mug, an old trophy, a collage, a family picture – the possibilities are endless. In this video I talk about the idea of sharing the memories and the gift it can be. My prayer is tha...