Legal and Financial

How to Prepare a Will 

How to Prepare a Will 

By Jim Miller Dear Savvy Senior, I would like to make my last will and testament and would like to know if I can do it myself, or do I need to hire a lawyer? Don’t Have Much Dear Don’t, Very good question! Almost everyone needs a will, but only about one-third of...

Saved It? Spend It!

Saved It? Spend It!

By Lee Munson I’m going to let you in on a little secret: Getting old is no fun. But money can smooth over many of the aches and pains of growing older. Over the last 25 years, I’ve seen people do things with money that would blow your mind or bore you to death. Below...

What is Probate?

What is Probate?

By Lori L. Millet, J.D., LL.M. ABQ Elder Law, PC Probate is the legal process for transferring title of the assets of a deceased person (decedent). The process includes authenticating a deceased person’s will, reviewing their assets, paying their outstanding debts and...

Joint Tenancy: Friend or Foe?

Joint Tenancy: Friend or Foe?

By Lori L. Millet, J.D., LL.M. ABQ Elder Law, PC You may have heard that joint tenancy is a good way to avoid probate and simplify your estate plan. This is not always the case, and fixing the bad consequences of such poor planning is frequently not possible. Joint...

Do I Really Need a Power of Attorney?

Do I Really Need a Power of Attorney?

By Lori L. Millet, J.D., LL.M. ABQ Elder Law, PC YES! In my opinion, powers of attorney are the most important legal documents you can have. A power of attorney is a document that allows someone to act on your behalf as your legal representative. The principal signs...

Where To Get Free Tax Assistance

Where To Get Free Tax Assistance

Tax season officially began a little late this year, on February 12, but don’t think that means the deadline to file will also be extended. Despite the delayed federal start, income tax filings are due on the traditional April 15 date, contrary to last year’s unusual...

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