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Category Archives: Estate Planning

StampCollection

How To Stop Your Memorabilia Collection From Becoming A Burden To Your Family During Probate

By Tobin O’Connor Concino P.C. |

People might earn money to impress other people, and they might spend it on the most expensive real estate, décor items, clothing, vehicles, and jewelry, but memorabilia collections exist for the enjoyment of the collector.  Some of the items in your memorabilia collection may be very valuable, but the fun of collecting is the… Read More »

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EstPlan18

Estate Planning, Washington DC Style

By Tobin O’Connor Concino P.C. |

Did you hear that millennials are leaving the DC area in droves?  There’s no one left here but us.  Are we really so old that the Millennium, at which time we were already young adults, was more than 20 years ago?  Where did the time go?  Our hair is turning gray, and our children… Read More »

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Coins

Can You Inherit Bitcoin?

By Tobin O’Connor Concino P.C. |

Most people focus on a narrow range of items that can make a person wealthy, such as cash, real estate properties, gold, and stocks.  It is easy to scoff when someone boasts about their wealth in a form that you would not think of as valuable.  Laugh all you want at the coupon clippers… Read More »

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AgeInPlace

The Most Popular Choices For Senior Housing

By Tobin O’Connor Concino P.C. |

Housing is a major component of your budget at any age.  Perhaps, when you applied to rent an apartment when you were young, the rental office told you that your monthly income needed to be at least three times the rent in order to qualify.  Even people who own their own houses spend about… Read More »

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ElderLaw4

Your Estate Plan Should Include A Memory Care Option

By Tobin O’Connor Concino P.C. |

The decision that an elderly person can no longer live alone safely usually stems from issues of dementia and memory impairment, rather than from limitations of physical health.  It is possible to find workaround solutions that enable seniors to live independently in the face of one or more physical limitations.  You can modify the… Read More »

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EstPlan14

2022 Is The Perfect Year To Benefit From The Annual Gift Tax Exclusion

By Tobin O’Connor Concino P.C. |

When your kids were younger, this time of year was when you would take them shopping to buy clothes and school supplies for the upcoming school year, and they would daydream about which Halloween costumes they wanted to wear that year and which presents they hoped to find under the Christmas tree.  Life was… Read More »

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EstPlan16

Hybrid Life Insurance Could Be Just What You Need

By Tobin O’Connor Concino P.C. |

If you have managed to save any money for retirement, you must know enough about personal finance to know that being insurance poor is a mistake.  If you have not retired yet, then the biggest decisions about how to spend your retirement, such as whether to stay in the Washington DC area or move… Read More »

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RetireP

Annuities As A Source Of Retirement Income: Friend Or Foe?

By Tobin O’Connor Concino P.C. |

Annuities are one of the most boring sources of retirement income.  Far from giving you the thrill you get from investing in the newest kind of cryptocurrency or buying stock in a startup that promises to change the world for the better, annuities have been around since the Roman Empire, when they acted as… Read More »

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EstatePlan8

Choosing A Brain Trust For Your Estate Plan

By Tobin O’Connor Concino P.C. |

Even now, nearly a century after it formed, President Franklin D. Roosevelt’s “Brain Trust” still gets the occasional shout out in journalistic think pieces.  President Roosevelt’s Brain Trust was a group of legal and economic scholars from whom Roosevelt sought advice on policy, and some of whom held positions in his cabinet; one of… Read More »

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ElderLaw2

These Elder Care Apps May Leave Extra Room In Your Estate Planning Budget

By Tobin O’Connor Concino P.C. |

No matter the size of your estate, the biggest concern on your mind as you begin your estate plan is not being a burden to your family.  You may have read the New York Times article several months ago about high end assisted living facilities that make aging Baby Boomers feel like they are… Read More »

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