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Paul O. Dillon Attorney at Law
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Discussing Estate Planning in the Holiday Season
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“Estate planning can be a tricky topic to bring up with loved ones, especially when distance is part of the equation.” Continue reading
Posted 4 days ago at Paul O. Dillon, Attorney at Law
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Can You Transfer Co-op to a Trust as Part of Estate Plan?
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“The primary motivation behind these transfers is straightforward: Shareholders want to spare their family members the burden of navigating surrogate court after their passing.” Continue reading
Posted 4 days ago at Paul O. Dillon, Attorney at Law
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Does Talking with Heirs About Estate Plans Keep Families Closer?
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“Warren Buffet shared advice on discussing inheritance with children in a nearly 1,500-word letter.” Continue reading
Posted 4 days ago at Paul O. Dillon, Attorney at Law
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Do You Have a Large IRA You Don’t Need for Retirement?
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“Meet John and Sally, a 70-year-old couple who own an IRA with an account balance of $1,000,000 that they don’t intend to use for retirement income.” Continue reading
Posted Dec 20, 2024 at Paul O. Dillon, Attorney at Law
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How to Avoid Estate Planning Mistakes in 2025
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“If these things get overlooked, you risk leaving your loved ones with extra challenges during what’s already a tough time.” Continue reading
Posted Dec 19, 2024 at Paul O. Dillon, Attorney at Law
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Millennials and Gen Z Need Estate Plans Now
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“Though ‘estate planning’ may bring to mind visions of rich families squabbling over the ancestral silver, it isn't just for the wealthy or older people, financial planners say.” Continue reading
Posted Dec 18, 2024 at Paul O. Dillon, Attorney at Law
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How to Include Digital Life in Your Estate Plan
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“The shift to a digital world has made life easier in many ways, allowing people to eschew physical photo albums, file cabinets, taking checks to the bank and waiting for the mail carrier.” Continue reading
Posted Dec 17, 2024 at Paul O. Dillon, Attorney at Law
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Three Key Steps for Estate Planning When You Don’t Have Children
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“It gets a lot more complicated if you can’t count on a child to be a caregiver, or to make major decisions.” Continue reading
Posted Dec 16, 2024 at Paul O. Dillon, Attorney at Law
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How Estate Planning Cares for Future Generations
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“Sound estate planning can help minimize tax liabilities, protect assets from creditors and maintain family harmony by reducing conflicts among heirs Continue reading
Posted Dec 13, 2024 at Paul O. Dillon, Attorney at Law
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How Does a Guardianship Work?
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“A person requesting to be appointed guardian must present adequate evidence to the court to prove incapacity of the subject.” Continue reading
Posted Dec 13, 2024 at Paul O. Dillon, Attorney at Law
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Can Unmarried Couples Plan for Aging Together?
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“Eventually, most older couples will face health crises and the need for caregiving. If they haven’t vowed their mutual marital commitment ‘til death us do part,’ their roles and responsibilities can be murky.” Continue reading
Posted Dec 13, 2024 at Paul O. Dillon, Attorney at Law
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Make Life Easier for Heirs: Get Your Estate Organized
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“It’s easy to put off doing many of these things. However, get them done, and your heirs will be thankful you did.” Continue reading
Posted Dec 13, 2024 at Paul O. Dillon, Attorney at Law
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How Does a Trust Work in an Inheritance?
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Trusts should be in your estate plan if privacy is important to you. Most people don’t know their wills become public documents as part of probate. Continue reading
Posted Dec 12, 2024 at Paul O. Dillon, Attorney at Law
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What Should You Do If Your Estate Plan is Out of Date?
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“A farm couple spent a lot of money on their estate plan years ago. However, now it’s outdated.” Continue reading
Posted Dec 11, 2024 at Paul O. Dillon, Attorney at Law
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What are the Top Estate Planning Mistakes?
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“Estate planning is essential for families who want to secure financial stability and build generational wealth.” Continue reading
Posted Dec 11, 2024 at Paul O. Dillon, Attorney at Law
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Planning to Protect Your Children’s Inheritance: Asset Protection
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“You've worked hard for your wealth. Don't let it fall into the wrong hands. Consider prenups, trusts and other protections to safeguard your family legacy.” Continue reading
Posted Dec 11, 2024 at Paul O. Dillon, Attorney at Law
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Is Charitable Giving Part of Your Estate Plan?
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“When it comes to charitable giving, most donors think of cash—its liquidity and immediate benefits make it a go-to option.” Continue reading
Posted Dec 11, 2024 at Paul O. Dillon, Attorney at Law
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What Is the Great Wealth Transfer?
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“Whether you are set to inherit or are thinking about passing down your assets, being prepared is not just about managing money but also navigating taxes, avoiding fees, sidestepping family drama and ensuring that this transition works for your benefit.” Continue reading
Posted Dec 10, 2024 at Paul O. Dillon, Attorney at Law
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Selling Your Business? Plan Early!
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“Consider the sale of your business like painting a work of art; each brushstroke complements the one before it while enhancing those that follow.” Continue reading
Posted Dec 6, 2024 at Paul O. Dillon, Attorney at Law
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How Does a Special Needs Trust Work?
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“It’s common for parents of children with disabilities to worry about their childrens’ futures. However, one way they can provide support and give loved ones peace of mind is by creating a special needs trust.” Continue reading
Posted Dec 6, 2024 at Paul O. Dillon, Attorney at Law
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How a Serious Diagnosis Changes Estate Planning
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“Why we might drag our feet over some of the most important financial decisions.” Continue reading
Posted Dec 6, 2024 at Paul O. Dillon, Attorney at Law
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Why an Updated Estate Plan Is Critical, Especially Now
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“This is the perfect time to get an estate plan in place, or if you have one already, to make sure your plan is updated for changes in the law and that it reflects your current intentions.” Continue reading
Posted Dec 6, 2024 at Paul O. Dillon, Attorney at Law
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Estate Planning and Protecting Your Privacy
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“Though no one likes to think about their death, making plans when times are good will make it easier for your loved ones and help protect your legacy.” Continue reading
Posted Dec 6, 2024 at Paul O. Dillon, Attorney at Law
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How Professionals Use Estate Planning
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“Estate planning is essential for professionals looking to secure their financial legacy and protect their assets.” Continue reading
Posted Nov 24, 2024 at Paul O. Dillon, Attorney at Law
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It’s Not Too Soon for Generation X to Start Estate Planning
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“Gen X is stuck in the middle of children and aging parents. However, retirement's not far off.” Continue reading
Posted Nov 22, 2024 at Paul O. Dillon, Attorney at Law
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