One of the questions I'm asked most often is, "I don't have much. Do I really need an estate plan?"

When establishing a trust, one of the most important decisions you will make is selecting the person or institution responsible for managing it.

For families caring for a loved one with special needs, planning for the future often means balancing two important goals: providing financial support while preserving access to essential government benefits.

Today’s estate planning conversations increasingly focus on a different reality: people are living longer than ever before.

Gifting can be a powerful estate planning tool, but the rules around taxes, exemptions, and Medicaid eligibility are often misunderstood.

Could Adding a Child to Your Bank Account Accidentally Disrupt Your Estate Plan?

We often see estate and Medicaid planning discussions built around one common assumption: that there is a child available to step in when needed.

With proper planning, it is possible to protect your assets from transfer penalties.

When properly designed and implemented, Irrevocable Living Trusts can provide an almost unsurpassed level of asset protection, helping keep your assets safer from the high and continually rising cost of long term care in 2026.

Starting a business is an exciting step, but it also comes with real pressure.

When creating a trust, one of the most important decisions you will make is who will serve as your trustee.

While recent updates may bring a sense of relief, they do not remove the need for planning. In many ways, they create an opportunity to plan with more clarity and intention.

If your estate plan was created online or has not been reviewed in years, now is the time to take a closer look.

For older adults and their families, economic uncertainty is not just an abstract concern. It can directly affect retirement savings, long term care planning, and overall peace of mind.

Most people have heard they should have a living will or a healthcare power of attorney. Many individuals even have these documents stored safely with their other important paperwork. But there is a more important question to consider.

Many families discover during a medical emergency that they cannot make decisions for a loved one, even when they are trying to help. Durable powers of attorney allow you to choose who will act for you before a crisis occurs.

Families often make long-term care decisions during a crisis, and misinformation about Medicaid can cost them thousands of dollars. This article explains what is true, what is not, and what families should know today

When creating a trust, many parents naturally choose an adult child to serve as trustee. It feels like the obvious choice. Who understands the family better? Who cares more about protecting everything you have worked for? At The Lansky Law Firm , we help Memphis families think carefully about this decision. While naming an adult child can work well in certain situations, it is important to recognize that being a loving family member and serving as a fiduciary are two very dif

For many Memphis families, the home represents far more than real estate. It reflects years of hard work, memories, and stability. In today’s market, it is often the largest asset within an estate. At The Lansky Law Firm , we frequently meet families whose wealth is heavily concentrated in their home. While that may look strong on paper, it can create practical challenges if liquidity and long term planning are not addressed in advance. Real estate may be valuable, but it is

When people think about estate planning, they often focus on financial assets like homes, savings, investments, and inheritances. At The Lansky Law Firm , we encourage clients to think a little differently. One of your most valuable assets is not financial at all. It is your mind. Cognitive health is central to independence, dignity, and quality of life as we age. While legal documents cannot prevent dementia or cognitive decline, they can determine whether you remain in con