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Category Archives for Estate Planning
How Durable Power of Attorney Is More Useful Than a Will
When it comes to estate planning, the various legalese terms can seem to become jumbled and overlap with each other. For many people, understanding the subtle and nuanced, yet very impactful differences between these terms can be an endlessly confusing task. Two of these concepts are a will and powers of attorney. Both serve to […]
Read More »Top 8 Reasons to See an Elder Law Attorney
Elder Law focuses on many areas of the law, many that are very personal and sometimes emotional. Our clients come to us for all different types of reasons – guardianships, long-term care planning, advance health care directives, powers of attorney, estate planning, probate and trust administration, asset protection, special needs trusts and planning, and elder […]
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At Tabory Law You’re Family
You don’t plan for the unthinkable to happen. But sometimes it does and you have to rely on the experts to advise and assist you. At Tabory Law in the Kansas City area, I devote my practice to meeting the legal needs of families and individuals, especially the elderly, in times of planning as well […]
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The Benefits Of Using An Irrevocable Trust To Pass Your Home to Your Children
Are you considering leaving your home to your children in your will? If so, there are some tax considerations you should be aware of. A gift of this size will result in steep capital gains taxes levied against your beneficiaries. As an alternative, you can consider using an irrevocable trust to leave your home to […]
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Biggest Estate Planning Omissions Made by Kansas and Missouri Residents
A will is among the most important legal documents anyone can have. If someone passes away without a will, there will be no executor in place, which means one will need to be appointed, causing delays and frustration. There’s also a greater risk of conflict among beneficiaries leading to potential lawsuits. It’s therefore easy to […]
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Things to Consider When You Contemplate Joint Tenancy
Joint tenancy is an ownership option that people sometimes choose in order to avoid probate or certain taxes. But while this type of ownership has a few benefits, there are a number of complications that you should consider before registering assets under a joint tenancy. If you’re looking into estate planning or ownership options for […]
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What Are the Differences Between an Irrevocable Trust and Revocable Trust?
Choosing between an irrevocable or a revocable trust can be difficult, but it will help to understand the differences between the two. Your needs and desires in terms of protecting your assets from either probate or taxation will determine which trust best suits your needs, so here is some information about the pros and cons […]
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How to Care for a Loved One With Special Needs
When a loved one has special needs, it’s natural – and admirable – to support him or her in every way possible. You want to see your loved one enjoy a good quality of life. You don’t want him or her to scrape by on the bare minimum. Providing for a loved one with special […]
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Why a Will Is a Foundational Estate Planning Tool
How do you want your property to be distributed after your lifetime? Who do you want to benefit from your life’s work? Who should manage your estate? And most importantly, if you have minor children, who do you want to entrust with their care? These and other questions illustrate the importance of estate planning. No […]
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Moving Into A Nursing Home
The Legal And Practical Considerations For Your Loved One It’s never easy to see a loved one ailing. Harder still is the decision to move an elderly loved one into a senior care facility. Yet for many elders, moving into a nursing home is not only a wise decision, it’s a necessary one. Few people […]
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