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Steven Peck

What Happens to a Pet when Owner Dies?

If you are worried how your pets will be cared for after you die you can create a pet trust. Pet trusts are a legally binding arrangement in which the donor (the person creating the trust) formally outlines their wishes for how they want their pet to be cared for
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Steven Peck

Is Estate Planning Affected by Property in Two States?

Cleveland Jewish News’ recent article titled “Use attorney when considering multi-state estate plan” says that if a person owns real estate or other tangible property (like a boat) in another state, they should think about creating a trust that can hold all their real estate.
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Steven Peck

Is My Irrevocable Trust Revocable?

Irrevocable trusts aren’t as irrevocable as their name implies, according to Barron’s recent article, “Are Irrevocable Trusts True to Their Name?”
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Steven Peck

Some Older People Are Healthier with Extra Pounds

The adage “You can never be too rich or too thin” does not necessarily apply after age 80 – at least the thin part. A study conducted at Johns Hopkins University School of Medicine found that higher weight can make you healthier after age 80.
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