An unconscious patient rolls into an ER with no ID except for a "Do Not Resuscitate" tattoo across his chest. Should doctors save his life, or is the DNR tattoo legally binding? Estate planning attorneys Foster Friedman and Gretchyn Meinken say this fascinating reminds us there are better ways to declare your medical decisions. A...
The New York Times says the new catch phrase about retirement is "aging in the right place." In an insightful new article, the Times says those considering retirement need to take a close look at where they do it, and how that place fits into their retirement plans. Estate planning attorneys Foster Friedman and Gretchyn M...
Published August 24, 2018 by Your child is about to leave for college. Whether they’re freshman or upperclassmen, it’s crucial they sign legal documents usually associated with seniors. Senior citizens, to be precise. Along with your packing, you should allow time to discuss t...
“This very moment, someone’s elderly parent or grandparent is likely wiring tens or even hundreds of thousands of dollars to scammers overseas,” says Foster Friedman, an estate planning attorney and partner at Friedman, Grimes, Meinken & Leischner PLLC. ...
“Changes in estate planning law and the coronavirus pandemic provide a good reason to revise your planning to take care of your family in the future,” says estate planning attorney Foster Friedman. In his latest Kiplinger.com article, Friedman takes a hard look at the Setting Every Community Up for...
For clients worried that COVID-19 has made conditions too dangerous to move ahead with signing estate-planning documents or incorporation papers, Friedman, Grimes, Meinken & Leischner PLLC partner has two words: “Fear not!” ...
It’s understandable if you’re tempted to stall on your estate plans. After all, there are tough life and death questions to face. But planning for your loved ones' financial well-being and your own health care can actually provide much-needed peace of mind. Foster Friedman, partner at Friedman, Gri...
Warning: This video contains explicit language that some viewers may find offensive. ...
Of all the New Year’s resolutions we tend to make, there’s a big one that many people neglect: getting their will and other estate planning documents completed and signed. A will is not a bucket list item. It’s way more important than weighing whether you should resolve to join a gym. While ...
While much of your estate plan focuses on actions that take place after death, it’s equally important to have a plan for making critical financial or medical decisions if you’re unable to make them for yourself during your lifetime. This is why including a power of attorney in your estate plan is a...
Estate planning isn’t just about sharing wealth with the younger generation. For many people, it’s equally important to share one’s values and to encourage their children or other heirs to lead responsible, productive and fulfilling lives. One tool for achieving this goal is an incentive trust, w...
“Adults who receive an inheritance save just half, while spending, donating or losing the rest.” In an insightful article, says if you come into an inheritance, whether it’s a little or a lot, waiting to make a move is the best thing you can do. Estate plan...
A will or revocable trust may form the core of your estate plan, but for many people, a substantial amount of wealth bypasses these traditional estate planning tools and is transferred to their loved ones through beneficiary designations. These “nonprobate assets” may include IRAs and certain emplo...
Owners of closely held businesses typically have a significant portion of their wealth tied up in their enterprises. If you own a closely held business with your relatives involved, and don’t take the proper estate planning steps to ensure that it lives on after you’re gone, you may be placing your...
When creating or revising your estate plan, it’s important to take into account all of your loved ones. Because each family has its own unique set of circumstances, there are a variety of trusts and other vehicles available to specifically address most families’ estate planning objectives. ...
