Planning for Minor Children - Law Offices of Glenn Busch, P.C.

Estate Planning Essentials for the Sandwich Generation

January 15, 2024

The sandwich generation, a term for individuals juggling the care of their children and aging parents, faces unique challenges. This demographic, typically in their 30s and 40s, is experiencing a rise due to later childbirth and an aging population, compounded by the recent pandemic’s impact on long-term care facilities. Effective estate planning for the sandwich generation is critical in managing these dual responsibilities. Understanding the Demographics and Trends Significant societal trends influence the increasing numbers of the sandwich generation. Understanding these trends is essential for tailored estate planning strategies. The Importance of Estate Planning for the Sandwich Generation Estate planning…

Estate Planning | Planning for Minor Children | Probate

How Does Estate Planning Protect Young Children?

December 24, 2023

To make sure that your children are taken care of if something happens to you, it’s important to appoint a guardian, establish a trust and ensure there’ll be financial support.

Estate Planning | Planning for Minor Children | Probate

Using a Trust to Protect Your Minor Children

December 24, 2023

In the intricate tapestry of estate planning, trusts emerge as a powerful safeguard for the well-being of minor children. Learn more on how trusts can benefit your minor children.

Estate Planning | Incapacity Planning | Planning for Minor Children | Probate

Revocable Living Trust can Help with Planning for Incapacity

November 13, 2023

While physical disabilities may not impact a client’s ability to manage their own assets, mental illnesses and age-related cognitive impairment can eventually lead to incapacitation and the inability to manage their own assets.

Estate Planning | Planning for Minor Children | Probate | Trust Adminstration

What if Your Life Insurance Beneficiary Predeceases You?

November 9, 2023

If you have life insurance, you know you were required to pick a single or multiple beneficiaries when you purchased your policy. When you die, the beneficiaries receive the payout from the policy.

Beneficiaries | Estate Planning | Executor | Planning for Minor Children | Probate

Why are Contingent Beneficiaries Important?

September 19, 2023

When planning your estate rarely will you experience difficulty naming your initial beneficiary or beneficiaries for your will, IRA’s or life insurance.

Estate Planning | Incapacity Planning | Planning for Blended Families | Planning for Minor Children

What is the Best Estate Plan to Keep Family from Killing Each Other?

September 10, 2023

Death is inevitable. We need to prepare ourselves and our loved ones for when it comes. Estate planning is an essential part of life that ensures the smooth transfer of our assets to our loved ones after we pass. However, creating a will can be a sensitive and emotional process

Estate Planning | Planning for Minor Children | Real Estate Purchase and Sales

Factors to Consider when Leaving your Family Home to your Children

August 10, 2023

It’s perfectly normal for aging parents who are currently completing their will along with their lawyer’s guidance, to leave the family home to their children.

Celebrity Estates | Estate Planning | Incapacity Planning | Planning for Minor Children | Probate

Which is better for your estate plan a will-based plan or a trust-based plan?

August 9, 2023

Either a will or trust can be the foundation of your estate plan. If it’s a trust, it’s usually a revocable living trust.

Elder Law | Estate Planning | Planning for Minor Children

Should You Put Your Child’s Name on the Deed to Your House?

July 11, 2023

If a child you’ve added to your deed goes through a divorce, has tax issues, is sued by someone, or must declare bankruptcy, your house could be on the chopping block!

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Estate Planning Blog