In this Issue
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About Us
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The Traub Law Office is a Full Service Law Firm located at 8601 RR 2222.
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Andrew Traub is my name, and I want to help you ensure that your loved ones are taken care of. Call me at 343-2572 or email me.
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Free Initial Consultation
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Did you know that the Traub Law Office offers a free initial consultation?
Part of my dedication to my clients is ensuring that there is a good fit between you and I.
The purpose of the free initial consultation is for you to tell your story, learn about me,
and then we can decide whether we would work well together. There is no obligation on your part,
so why not schedule a free initial consultation today?
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Fun Fact
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In ancient Rome, long before the advent of the Christian Bible, Romans would swear to "tell the truth, the whole truth, and nothing but the truth" by placing their right hands on their testicles. It is from this ritual that we derived the term "testimony."
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Caution: Giving Your Assets to Your Children Now Can Cause Serious Problems
Sometimes people will transfer title of their assets to their adult children while they are living, thinking it will make things easier for their children when something happens to them. Doing this will prevent the court from controlling the assets if you become incapacitated and it will avoid probate when you die. And
while there can be valid tax reasons to transfer some assets now, it can also create problems.
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Special needs trust for the physically, mentally, or developmentally disabled
If you have a child, sibling, parent, spouse, or other loved one who is physically, mentally or developmentally disabled— whether from birth, illness, injury or drug abuse—he or she may be entitled to valuable government benefits (SSI and/or Medicaid) now or in the future. Unfortunately, most of these benefits are available only to those with very limited means.
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When Is It Time to “Service” Your Estate Plan?
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If you own a car, then you know it requires regular servicing in order to perform well and be reliable. More than likely, your car came with a recommended schedule for service, based on how many miles it has been driven; after a certain number of miles, you need to change the oil, replace the brake pads, rotate the tires, and so on. If you have a newer car, you probably have an irritating dash light that comes on when it’s time for service and stays on until the mechanic resets it. Either way, whether you pay attention to the odometer or rely on that dash light, it’s pretty easy to know when it’s time to service your car. And if you keep driving it without servicing it, it’s a sure bet your car will let you down. Like your car, your estate plan needs “servicing” if it is going to perform the way you want when you need it.
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