Estate Planning
3 key benefits of a revocable living trust
On Behalf of Marcus, Gould & Sussman, LLP | Mar 13, 2026 | Estate Planning |
If you are an adult who is trying to figure out how they can further improve their estate plan, a revocable living trust (RLT) may be worthy of consideration.
To help provide you with better insight into this topic, here are three key benefits of an RLT:
5 facts to know about estate planning and administration
On Behalf of Marcus, Gould & Sussman, LLP | Mar 13, 2026 | Estate Planning |
Estate planning is more than drafting a will. It is a comprehensive process that determines how your assets will be managed during your lifetime and distributed after your death.
Estate administration refers to the steps taken to carry out those plans. Understanding a few key facts can help you avoid confusion and ensure your wishes are honored.
Understanding the boundaries of a power of attorney
On Behalf of Marcus, Gould & Sussman, LLP | Mar 13, 2026 | Estate Planning |
A power of attorney (POA) gives someone else the legal authority to act on your behalf. But, how far does that authority really go? Understanding the limits of a POA is essential to protecting yourself, your assets and your loved ones.
First, it’s important to distinguish between the types of POA. POAs are generally categorized by their scope of authority and durability.
Can a will disinherit immediate family members?
On Behalf of Marcus, Gould & Sussman, LLP | Jan 2, 2026 | Estate Planning |
A will gives an individual control over their legacy. The testator drafting the document can select their own beneficiaries. They may allocate property to family members, friends and even charitable organizations.
Many people planning their estates focus on who should inherit from their estates. For others, estate planning or document revisions may be the result of choosing to disinherit a person.
Why should you discuss your estate plan with your family?
On Behalf of Marcus, Gould & Sussman, LLP | Jan 2, 2026 | Estate Planning |
Many people do not reveal any details of their estate plan. When they die, their family might not even know whether they have one or not.
While the law does not require you to inform your family of your plans, several reasons show that doing so can be beneficial.
Reducing worry for your loved ones
The death of someone close is always difficult for those left behind. While some cope better than others, it is never easy.
Why an estate plan is important
On Behalf of Marcus, Gould & Sussman, LLP | Dec 8, 2025 | Estate Planning |
Creating an estate plan should is not something to be constantly put off until “later.” This is because when you clearly state your wishes, they can be followed; without a clear statement of your wishes, there may be no way to honor them after you’re gone.
It’s good to know what happens when no clear instructions are left behind. When no estate plan exists, state law determines how your money and property are handled and disbursed. Here are a few key facts to keep in mind.
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Should you name an attorney as executor of your will?
On Behalf of Marcus, Gould & Sussman, LLP | Sep 26, 2025 | Estate Planning |
An executor has the responsibility to carry out the terms of the will, manage the estate and ensure that everything goes through the proper legal steps. Choosing the right person to serve as executor is one of the most important estate planning decisions.
Some people consider naming a professional as their executor. This would be someone with experience in estate matters, such as a lawyer or attorney.
3 signs some family members are keeping secrets during probate
On Behalf of Marcus, Gould & Sussman, LLP | Sep 26, 2025 | Estate Planning |
When a loved one passes away, the probate process is meant to settle their estate and distribute assets according to the will or local laws. Probate can already feel overwhelming, and it becomes more difficult when some relatives seem to be hiding information.
Recognizing possible signs of secrecy can help ensure a fair process and reduce tension during a sensitive time. Understanding these warning signals early allows families to address concerns before conflicts escalate.
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What you need to know when drafting your wills and trusts
On Behalf of Marcus, Gould & Sussman, LLP | Jul 3, 2025 | Estate Planning |
Writing a comprehensive estate plan through wills and trusts helps protect your family’s future and preserve your wealth for the next generation.
3 qualities to look for in a health care proxy
On Behalf of Marcus, Gould & Sussman, LLP | Jun 16, 2025 | Estate Planning |
It is important to appoint someone to make health care decisions on your behalf if you lose the ability to do so. Your health care agent will also, to the extent possible, and in compliance with the law and medical practice and ethics, ensure doctors follow your wishes. Thus, this is one of the most vital appointments to make when estate planning.
Below are three qualities to look for in a healthcare agent:
1. Trustworthy
You should appoint someone you trust to serve as your health care agent.
