• posted: Jun. 30, 2020
• Joseph M. Udall
• Estate Planning
• assets,  creator,  estate planning,  funding,  probate,  revocable living trust,  settlor,  trustee

When planning your estate, you should keep in mind that the decisions you make now may place responsibilities on your loved ones when you die. Your estate will be subject Read More

• posted: May 30, 2020
• Joseph M. Udall
• Estate Planning
• income-only trusts,  long-term care,  Medicaid eligibility,  Miller Trust,  spend-downs

  Perhaps the greatest myth of retirement planning is that you only need to worry about having enough income to take care of basic living expenses. Many a person has retired Read More

• posted: May 18, 2020
• Joseph M. Udall
• COVID-19

The coronavirus pandemic has disrupted practically every aspect of American life. Whether closed by government order or by concerns about public safety, millions of businesses around the country have seen Read More

• posted: May 14, 2020
• Joseph M. Udall
• COVID-19

The economic and personal upheaval triggered by the COVID-19 outbreak is likely to warrant a review of your estate plan, no matter how thorough you think it is. As Americans Read More

• posted: May 11, 2020
• Joseph M. Udall
• COVID-19

Small business owners are necessarily prepared for various types of challenges, but what do you do when the government orders you to close for an indefinite amount of time? Unfortunately, Read More

• posted: May 07, 2020
• Joseph M. Udall
• COVID-19

Though it’s always been true, the COVID-19 pandemic has driven home the point that a debilitating medical condition can strike without warning. Whether you’re fighting the coronavirus or are incapacitated Read More

• posted: May 04, 2020
• Joseph M. Udall
• COVID-19

How do you hold a corporate annual meeting when the entire country is in lockdown? On the surface, it might seem like a simple matter of using a favorite video Read More

• posted: May 01, 2020
• Joseph M. Udall
• COVID-19

Even in its first few weeks, the COVID-19 pandemic caused many people to examine or reassess what is most important to them. The need to prepare in case of an Read More

• posted: Apr. 30, 2020
• Joseph M. Udall
• Estate Planning
• children,  economic security,  trust fund

  There's a pejorative term for rich kids that you have probably heard on television: the trust fund baby, loosely described as a young person who enjoys a reliable steady income Read More

• posted: Mar. 30, 2020
• Joseph M. Udall
• Estate Planning
• gun trusts,  special needs trusts,  spendthrift trusts

  The beauty of a trust is that it allows the grantor to control assets while putting them outside the reach of taxes and creditors, both during life and after death.  There Read More

• posted: Feb. 29, 2020
• Joseph M. Udall
• Estate Planning
• pet trusts

  Our pets do a lot for us. They offer unfailing love and companionship, act as wake-up or intruder alarms and even help with household pest control. They can also serve Read More

• posted: Jan. 30, 2020
• Joseph M. Udall
• Estate Planning
• advance directive,  financial power of attorney,  healthcare power of attorney,  HIPAA waiver,  last will and testament,  living trusts

 Everybody understands what a will is: a document outlining your wishes for distributing your property after you are gone. But a will may not go far enough to settle all Read More

• posted: Dec. 30, 2019
• Joseph M. Udall
• Estate Planning
• community property,  joint tenancy with right of survivorship,  pay-on-death account,  transfer-on-death deed,  trusts

  Talk to an estate planning attorney about probate and you’ll probably hear it described as a quagmire. Families who have gone through the probate process would likely use terms like Read More