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Estate Planning News

Senior Asks: Will Revocable Trust Double Property Taxes for Son?
By Ren Benczkowski, Attorney at Law June 21,2006 News-Herald

I saved an article from that you wrote titled "All that I need is a will, right?". I saved it for my mother-in-law who is contemplating the need for a Revocable Trust. Briefly, here is her situation. She is 82 years old, and a widow. She owns her own home in Lincoln Park and has lived there for over 50 years.......... The son that will remain living in the home has a limited income and her concern is that the taxes could/will double......
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Extraordinary Makeover: Financially Speaking!
By Ren Benczkowski, Attorney at Law June 18,2006 News-Herald

Both parents are deaf, and of two sons, one is blind and autistic. Teaching your child to read Braille would be a challenge enough for most parents, but Judy Vardon has to go the extra mile, communicating by using sign language with her son, Lance, who reads her hands by feeling them......As if life didn’t already present unique challenges for disabled children, there are estate planning issues that affect these kids as well....
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All I need is a Will right?
By Ren Benczkowski, Attorney at Law April 26,2006 News-Herald

NO! A Will is just a one-way ticket to Probate Court. Although Probate Court is more streamlined than before, you will still incur attorney fees, court fees, inventory fees, and probably not complete the Probate process within a year.....
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