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Mackay Dressler Law Firm

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Estate Plan

What Happens If You Become Mentally Incapacitated Without an Estate Plan?

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  Hey there, Bridget MacKay from MacKay Dressler Law Firm. Today, I want to talk a little bit about incapacity and what happens if you become incapacitated. And I’m going to use the example of a sudden stroke because those are often not predicted, and you end up on the other side of it needing […]

True or False: Estate Planning Is Only for the Wealthy?

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So that is false. Estate planning is not just for the wealthy. Estate planning is actually for everybody. Truly anyone who is an adult person living in this country should have some kind of estate plan in place. Whether that is a basic power of attorney and healthcare directive or something a little more complex, […]

What Should a Will Include?

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  With a will, you have the power to dictate how you want your estate to be divided up after you die. Although the major items included typically range from bank accounts and stocks to houses and cars, wills can even address to whom you want to give personal items, such as jewelry or furniture, […]

Don’t Stop Till You Fund Enough: Michael Jackson’s Empty Trust

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  After Michael Jackson’s death in 2009, his roughly $500 million estate became the subject of years of legal wrangling. While Jackson had created a revocable living trust, designed to convert after his death to benefit his children (at ages 21, 35, and 40) and his mother, he failed to transfer most of his assets […]