[Time Sensitive] Open Enrollment Reminder For Medicare Eligible Clients
The Medicare 2017 open enrollment period started October 15 and continues through December 7. During this open enrollment period, Medicare eligible Americans can review their Medicare coverage and make changes for the coming year (2018).
November is National Family Caregivers Month
By: David M. Frees, III November is National Family Caregivers Month. More Americans are now able to live independently and with dignity thanks in a large part to family members who act as caregivers. Looking after a family member can be challenging, so states and local agencies connect individuals …
What You Can and Should Learn From Celebrity Estate Planning Disasters
By: David M. Frees, III Most of us think that celebrities must be smart. They’re often wealthy (or at least seem to be), they have a great lifestyle (or again, so it seems), they have stable and uncomplicated personal lives (ok, not so much), and they’re brilliant commentators on political …
Have you recently filed a deed? Be aware of this latest scam!
A change in the titling of a deed could be beneficial or necessary in the course of updating your estate planning. For example, sometimes you deed a house into a revocable trust to avoid probate or an irrevocable trust to protect it from a nursing home. But, after the deed is filed, the information is …
UTBF Partner David Frees and his Wife Robin Help to Keep the Ben Franklin Legacy Alive
In 1789, just one year before he died, Benjamin Franklin set up an endowment fund called the Benjamin Franklin Trust. In 1995 it was transferred in part to the Chester County Community Foundation. Each year, this 200+ year-old endowment fund makes grants to programs and initiatives that Franklin himself had championed: fire companies, libraries and …
Family Business Owner?
A Few Questions for Planning For Family Business Succession Some family conversations are too important to put off ð 1. Do you have an estate plan including a will, power of attorney and a living will? ð 2. Do they specifically include powers to deal directly with real estate and closely held business investments? ð …
Selecting a Trustee- What Matters?
Who Do You Trust? Choosing a trustee requires an appropriate balance between kinship or friendship, expertise and technical knowledge. As a trust attorney one challenging aspect of my practice is the very personal decision by a client about choosing a trustee or trustees (and their substitutes) for his or her many types of trusts. There …
Estate Planning- Is It A Family Affair?
At some point your surviving spouse or partner or even your children will assume responsibility for investing the family’s wealth. Your children’s portfolio may be in the form of a personal trust owned by the children, or due to illness or death the entirety of the family’s invested assets. Children should be prepared to take …
Reasons Why Your Trust Should Contain a Residuary Clause
By creating a trust, you are stating your wishes as to how you would like your assets and possessions distributed. Many trusts have a series of specific gifts. However, you should be sure that your trust also contains a residuary clause to best protect the distribution of your assets. Please click here, for more …
Including a Residuary Clause Within Your Will
A residuary clause disposes of any property or assets that were not previously accounted for in the will. Please click here, to see why it is important to include a residuary clause within your will.