“If I Give My Home to My Child in My Will, Can They Take My Home While I Am Still Alive?“ The short answer to this question is no. Naming your child as the recipient of your home in your […]
Can My Child Take My Home?
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Estate Planning for Nonfungible Tokens
A nonfungible token (NFT) is a unique digital code that represents a digital item such as art or music, as well as a growing number of physical items, that runs on the blockchain (a secure, decentralized, and cryptography-backed online ledger) […]
Where Do Social Media Accounts Go When We Die?
According to Statista, more than 295 million people in the United States use social media.[1] If you are an avid social media user, have you considered what will happen to your accounts when you die? If you have spent time creating, […]
Trust Funding: Is Everything Titled Correctly?
Working with an attorney to draft a trust agreement for estate planning purposes is an important step. But just getting the document drafted and signed is not enough. For any trust to be effective, you must complete the process of […]
Should You Consider a Life Estate for Your Home?
A home is often one of the most valuable items of property that someone will ever own. When it comes to ensuring that your home passes to the individual or group that you intend, there are a variety of ways […]
Mental Health Considerations in Estate Planning
It is okay to not be okay. Removing the stigma of mental health starts with realizing that many people—about one in five of all US adults—are affected by mental illness. Understanding this fact can lead to more people getting the […]
Questions First Responders Must Consider to Best Protect Their Loved Ones
Thank you for all that you do for us. We understand that being the first one on the scene can come with many different risks. We are dedicated to protecting you and your loved ones from the different types of […]
What is a Revocable Living Trust Estate Plan?
Living trusts are a legal instrument we use in estate planning for the really broad purpose of keeping families out of probate court after a loved one passes away. Trusts almost function like a separate business entity, but not quite. […]
McGovern Law Group Earns Better Business Bureau Accreditation
The McGovern Law Group is excited to announce that we are now a Better Business Bureau (BBB) Accredited Business! For more than 100 years, BBB has helped consumers find and recommend businesses they can trust. If a business has been […]
What is a Living Trust?
Have you ever wondered what a living trust is and what it does? You’re not alone. Simply put, living trusts protect children, preserve legacies, and keep families out of court. Check out this video for a brief explanation of living […]