To Get a Prenup, or Postnuptial Agreement or Not?
We love each other so we don’t need a prenup. Divorce is a choice and we fully intend to stick it out so we don’t need a prenup. I want to prove my love and trust so I don’t need a prenup. Neither of us have any assets right now so we don’t need a […]
Special Needs Trusts Explained
Parents or family members often need to provide for future care and support for loved ones who have mental or physical disabilities. In these cases, Park Gold first plans for the parents/family members own disability and/or transitioning; while at the same time, providing a Special Needs Trust or “Spendthirft Trust”* as well as a Life […]
Busting Legal Myths
Myth vs Truth I have a will so my family is covered. People want you to believe once they have a will they and their families are protected. A will is merely a suggestion of you desires to a judge. At the beginning and end of the day it can be challenged and your wishes overruled. […]
Important Questions to Ask Your Family Members
Holiday conversation that you should be having with your family this season: Find out if your family members have estate plans! Why? Because it will keep your family out of probate court, save you thousands of dollars. What items are included in your plan? A proper estate plan should include a will, revocable trust, power of […]
5 Reasons Why You Should Avoid Probate
What is Probate? The court ordered process hereby it administers and distributes your assets after death. Therefore, probate is either passing with a will or a plan for the court or passing without a plan which means the court determines everything on your behalf. Here are our top 5 reasons to avoid probate: 1. Complete […]
Top Distributions Simplified
Top Distributions Simplified JG September 20, 2023 Possible Scenarios After a Passing If there is a surviving spouse and children: ½ to the surviving spouse and ½ to any children, divided equally. No surviving spouse but children: entire estate will go to the children equally. If no surviving spouse or children, but a parent or […]
Need for Diversity, Equity, & Inclusion in Law
The Need for Diversity, Equity, and Inclusion in Estate Planning JG September 20, 2023 Diversity, equity, and inclusion (DEI) issues pose a challenge in estate planning. Within minority communities, there is an overwhelming disparity in not only quality, legal representation, but in the overall knowledge and understanding of what is truly needed for […]
What’s So Bad About Probate?
What’s So Bad About Probate? September 19, 2023 Everyone hopes to live a long life and slide gracefully into a peaceful old age. Unfortunately, a sad end to someone’s life has been known to arrive unannounced and sometimes in a hurry. In this blog post, we will explore the different pitfalls that happen when […]