The Plain English Attorney Blog
Far too many attorneys overcomplicate things, making topics convoluted and difficult to understand to the average person. This blog is committed to explaining legal planning topics in an easy to understand format, in plain English. Enjoy the blogs, and please let us know if there is a topic you would like covered.
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Level One Adulting Starter Pack: A Basic Estate Plan
Many of our trust clients have children who are over eighteen, and around the time of that milestone birthday for the first child, the parents realize they canât keep making financial, legal, and health decisions for their children anymore. And t...
Whether a Revocable Living Trust is right for your particular situation or not is never as simple as looking at your net worth, despite what other attorneys may claim. That is because how much wealth you have doesn't mandate what your estate goals are.
If you are trying to decide between using a La...
A 50% divorce rate is an unfortunate statistic in our current society, and, unfortunately, many people fail to handle the divorce properly resulting in a lot of unintended consequences. These negative results go far beyond simply delaying divorce or not getting everything you are entitled to in the ...
Creating and securing perpetual wealth for a family forever is possible, but it is not necessarily for everyone. Setting up the right trusts and structures can make sure that descendants you will never meet are supported. cared for, and able to live their best lives without the worry of money. In th...
When volunteering recently with my Civitan club at the Carolina Tiger Rescue, the question popped up on whether or not you can inherit a Tiger in light of the Big Cat Public Safety Act of 2022, and that naturally led to questions about Pet Trusts and what kind of language is needed in an estate plan...
Unfortunately, some things never go away. In fact, they can get more pervasive and insistent with time.
One such scam going around directly impacts my clients who put their real estate into their revocable living trusts as well as their irrevocable property trusts. Once the deed is recorded at the ...
The Return of the Irrevocable Life Insurance Trust?
Irrevocable Life Insurance Trusts might be making a big comeback as a popular tool to help avoid estate taxes and to help pay those taxes and other expenses without having to liquidate assets. But how do these irrevocable trusts work? What needs t...
DIY changes to a solid estate plan can often cause unintended consequences or even revoke your entire plan... đą
âItâs alive!â Dr. Frankenstein exclaimed, watching his creation come to life. His monstrous creation cobbled together cadaver parts, ran electricity through the entire body, and came to l...
We are pleased to announce the launch of the Client Resource Center for The Law Offices of Jeffrey G Marsocci, PLLC. This is an exclusive program just for our revocable living trust clients, friends, and colleagues that is made available to them. It contains all of the ongoing reference courses and ...
We have always been committed to providing our clients with good information so they can make the smartest decisions for them and their loved ones. In conjunction with Mr. Marsocciâs publishing company, we are launching the online Client Resource Center exclusively for the clients and friends of The...
I recently reviewed an estate that ended up potentially being destroyed by a few attorneys who really didn't know what they were doing. For this blog, Iâll use the hypothetical Smith family, going back to 1996. At the time, it was John and Jane Smith and their four children, so they worked with an a...
