Category: Asset Protection
By Matthew A. Ferri, Esq. Estate planning is essential to financial management because it ensures your assets are distributed according to your wishes after you die. Avoiding probate is one common concern among individuals planning their estates. Probate is the legal process through which a court validates a will and oversees the distribution of assets to […]
By Matthew A. Ferri, Esq. Medicaid planning is a critical financial strategy for individuals and families seeking to secure long-term healthcare coverage while protecting their assets. Whether you’re approaching retirement or assisting a loved one in their senior years, understanding the fundamentals of Medicaid planning can make a significant difference in navigating the complex world […]
Estate Planning for Blended Families By Matthew A. Ferri, Esq. A blended family could impact your life in a lot of ways, in particular it can affect how you approach your estate plan. There can be many people to take into consideration when estate planning for blended families. It is important to acknowledge each person, so […]
Legacy Planning By Matthew A. Ferri, Esq. Legacy planning involves passing down values, wisdom, or experiences throughout your life. This is similar to estate planning, where it focuses on your assets, such as who inherits, when they inherit and how to best protect yourself and your family. Legacy planning, on the other hand, focuses on the […]
Unequal Inheritance By Matthew A. Ferri, Esq. When can an unequal inheritance be fair? When choosing how to divide up your estate, a seemingly simple choice may be to distribute your children’s inheritances evenly. But what happens when life hits your family unexpectedly? You may wish to give one child a larger inheritance than others, or […]
By Matthew A. Ferri, Esq. Without proper funding, your estate plan won’t work. Why is that? Estate Plan Funding is the process of retitling your assets or updating your named beneficiaries to achieve your intended result. If you have a living trust, that could mean you and your loved ones experience less burdens, your assets are […]
Aging and Estate Planning By Matthew A. Ferri, Esq. Aging affects us all. Working proactively with estate planning professionals can be beneficial to the elderly community. A common response from clients is that they want to be in control. As you age various factors can threaten your ability to maintain control. However, our planning focuses on […]
Estate Planning For Young Professionals By Matthew A. Ferri, Esq. Why estate planning for young professionals? As we have been emphasizing for Estate Planning Awareness Week, estate plans can benefit everyone. For young professionals who either are just starting their professional career to those who haven’t yet reached retirement, having a plan in place can offer […]
Estate Planning and Retirement Planning By Matthew A. Ferri, Esq. Estate planning and retirement planning are often thought of as independent tasks. However, estate planning and retirement planning are intricately linked together. In order to work as you intend, your estate planning and retirement planning must be coordinated together. As you prepare for retirement, or if […]
There are many reasons to read a book; to learn something new, for relaxation, or to be entertained by a good story. In our house, reading has become a family activity with nighttime stories and multiple trips to bookstores to purchase every book in the series. Even requiring me to build more bookshelves! It’s easy […]
2022 New Year’s Resolutions – Protect Your Family By Matthew A. Ferri, Esq. While the last year of our lives has been an eventful ride, the new year brings new possibilities. A great way to start the year off on a positive note is with New Year’s Resolutions. We think of our goals for the […]
Marriage and Estate Planning By Matthew A. Ferri, Esq. June is popular for weddings, which is appropriate as the month is named after Juno, the goddess of marriage, family, and home. And, with all that goes into planning a wedding it’s not surprising a topic like estate planning isn’t high on the list for the soon-to-be […]