Do I really need a Trust?

Although many people equate “estate planning” with having a will, there are many advantages to having a trust rather than a will as the centerpiece of your estate plan. While there are other estate planning tools (such as joint tenancy, transfer on death, beneficiary...

Do you need a Will or Trust?

You may be wondering whether to use a will or trust in passing along your assets. There’s a common belief that using a trust can give you a break on estate taxes, but it’s not necessarily the case. What are the significant differences between these two...

Divorce and Estate Planning

You have recently divorced your spouse and the judge has signed the divorce decree. Now what? You likely are sick of paying attorneys’ fees. But there is one last attorney you need to talk to: an estate planning attorney. Did you and your spouse have any estate...

Avoid These Will Mistakes

In this critical COVID-19 time, you may be looking to create or update an estate plan such as a will.  Garofalo Law Group wants you to avoid the common will mistakes detailed below.  It may sound simplistic, but making sure you’ve let your heirs know...
Rental Property and Your Estate Plan

Rental Property and Your Estate Plan

What does rental property have to do with your estate plan? Well, an estate plan should address all of your assets. And for most people, an estate plan includes three common categories: your home; financial accounts (checking and savings); and personal property. Other...
Confused about Estate Planning?

Confused about Estate Planning?

Are you confused about estate planning? Do you not know where to begin? Some people let their confusion regarding estate planning stop them from protecting their loved ones and assets.  Many people actually never move forward with having a plan in place simply because...