Mario Correa Nov 18, 20211 minNO KIDS AND NO CLEAR HEIRSHIPS We recently came across a client that didn’t have children and their Will calls for giving assets to heirs. The problem is that we don’t...
Mario Correa Oct 14, 20212 minCan you Name a Trust as Beneficiary of a Retirement Account?One of the classic investing techniques was to keep retirement accounts growing tax free as long as possible. The longer you deferred...
Mario Correa Aug 18, 20212 minHelping those Around Us: Prevent Waiting Too LongRecently, I had a series of cases in which families waited too long to prepare estate planning documents. Both cases were surprises to...
Mario Correa Aug 11, 20212 minWhat Happens With a Trust When I Die? One question that’s been coming up lately in our office is: what happens with a trust when I die? The answer is different for everyone...
Mario Correa Aug 11, 20212 minShould I or Should I Not be the Agent?Disclaimer: These are real legal issues that the firm deals with but the stories surrounding them are fictitious in nature. Unless...
Mario Correa Aug 11, 20212 minFamily MemoriesThe great thing about using trusts is that you can customize personal provisions. Heads of family often want their legacy to foster...
Mario Correa Jul 21, 20212 minCan My Spouse Disinherit Me?The question of whether a spouse can disinherit another spouse is not an easy question as the law may be changing. The seminal case on...
Mario Correa Apr 21, 20201 minWhat are the steps involved in creating a Will that takes the care of our petsAttorney Mario Correa, from CORREA LAW, P.C. guides us through creating a Last Will as a horse person. What are the steps involved in...
Mario Correa Dec 4, 20192 minDetectando, evitando y manejando el abuso de personas mayores para asesores de confianzaCuando eres un asesor de confianza, debes ser consciente del abuso de las personas mayores y comprender las señales. A menudo hay un...
Mario Correa Nov 21, 20192 minDetecting, Avoiding & Managing Elder Abuse for Trusted Advisors When your a trusted advisor, you need to be aware of elder abuse and understand the signs. There is often a point in a client’s life...
Mario Correa Sep 18, 20193 minTale of Two Families - How A Trusted Advisor Makes the DifferenceNancy’s financial advisor told her she needed our help. He insisted. Her husband, in his 40’s, had been scheduled for surgery but his...
Mario Correa Aug 15, 20191 minFailing to Plan - A Sad StoryAn elderly couple was found dead on August 7, 2019. It was murder suicide where the husband Patrick Jones, 77 years of age, fatally shot...
Mario Correa Aug 15, 20191 min La falta de planificacion - Una historia tristeUna pareja de ancianos fuera encontrada muerta el 7 de agosto del 2019. Fue un asesinato suicidio donde el esposo, Patrick Jones, de 77...
Mario Correa Jun 13, 20193 minNo se Queme al Heredar Activos "Calientes"Cuando un beneficiario recibe una herencia, los activos reales que reciben pueden tener consecuencias legales. En el momento en que un...
Mario Correa Jun 10, 20192 minDon’t Get Burned When Inheriting “Hot” AssetsWhen a beneficiary receives an inheritance, the actual assets they receive can have legal consequences. At the time a loved one passes,...
Mario Correa May 22, 20192 minSelecting A Healthcare SurrogateWho steps up to the plate when a loved one is no longer able to care for themselves? This assumption is based on tradition. It is...
Mario Correa Apr 24, 20192 minNothing Lasts Forever How I Was One of the Last to See Notre Dame Cathedral While I tend to want to keep my blog posts less personal, here is one where I...
Mario Correa Apr 4, 20193 minSalvando el Negocio FamiliarLos dueños de negocios se enfrentan a un problema único al morir. A diferencia de las acciones que cotizan en bolsa donde hay un mercado...
Mario Correa Apr 3, 20192 minSaving the Family BusinessBusiness owners face a unique issue at death. Unlike publicly traded stocks where there is a ready market to purchase these assets, a...