Welcome to Our Blog
Using the Delaware Statutory Trust (DST) as an Inflation Defense
Delaware Statutory Trusts (DSTs) can provide real estate investors with potential inflation protection, diversification, income opportunities, and tax advantages. Learn how fractional ownership of commercial real estate through a DST works, how DSTs may qualify as replacement property in a 1031 Exchange, and why professional guidance is important when evaluating this investment strategy.
Journey to the Third Question: Navigating Planning for those with an Alzheimer's or Dementia Diagnosis
Planning after an Alzheimer’s or dementia diagnosis requires more than traditional estate planning documents. Learn how elder law, healthcare planning, long-term care costs, caregiver needs, and different forms of dementia affect families. A comprehensive dementia plan can help protect assets, coordinate care, prepare for future decisions, and provide greater security for loved ones.
Protecting Aging Loved Ones from Predatory Partners
Protect aging loved ones from predatory partners and financial elder abuse. Learn the warning signs of undue influence, isolation, exploitation, and suspicious estate planning changes. Discover how powers of attorney, health care proxies, living trusts, and prenuptial or postnuptial agreements can safeguard assets, preserve wishes, and provide critical protection before problems escalate.
How to Keep your Elderly Parents' Care Affordable: Practical Strategies for Families
Learn practical strategies to keep elderly parents’ care affordable without sacrificing quality. Explore home care alternatives, Medicaid and veterans benefits, shared living options, adult day programs, and essential legal planning tools like irrevocable trusts, powers of attorney, and estate planning to protect family assets and prepare for long-term care costs.
Life gets busy. Estate planning often gets pushed to "I'll do it later." Unfortunately, later doesn't always come when we expect it.
Estate planning can easily get pushed aside when life gets busy. McKernan Law helps individuals and families understand wills, asset protection trusts, powers of attorney, health care proxies, guardianships, Medicaid planning, and special needs trusts. Taking time to plan now can protect your family, preserve assets, and provide lasting peace of mind.
9 Legal Documents Every Family Should Have in Place
Every family should have essential legal documents to protect loved ones and avoid unnecessary complications. Learn why wills, powers of attorney, health care directives, trusts, beneficiary designations, HIPAA authorizations, guardianship appointments, and child medical consent forms are critical components of a comprehensive estate plan and family protection strategy.
Why Prenups are Like Title Insurance
A prenuptial agreement is like title insurance for your marriage—it protects your assets and provides clarity before problems arise. Rather than expecting divorce, prenups help couples make informed financial decisions together, reduce future disputes, and retain control over important legal and financial matters instead of leaving them to the courts.
Starting Estate Planning in Your 40s
Starting estate planning in your 40s helps protect your family, assets, and future wishes before unexpected events arise. Learn how to inventory assets, create essential documents, update beneficiaries, address digital assets, plan for taxes, and avoid common mistakes that can disrupt your estate plan and create unnecessary burdens for loved ones.
Picking an Executor
Choosing the right executor is a critical estate planning decision. An executor should be available, capable, willing to serve, and ideally local enough to manage court filings, banking, and administrative tasks. Learn the difference between an executor and a trustee and why selecting the right person can help ensure a smooth estate administration process.
Stop Succession Nightmares Before They Start
A buy-sell agreement is a critical succession planning tool that helps protect business continuity when an owner dies, retires, becomes disabled, or exits the company. Learn how buy-sell agreements address ownership transfers, business valuation, funding mechanisms, and succession risks, helping business owners avoid disputes and ensure their company remains in the right hands.
Is Your Will Valid After You Move? How Relocation Affects Your Estate Plan
Moving to a new state does not automatically invalidate your will, but relocation can create important estate planning issues. Differences in probate laws, executor qualifications, inheritance taxes, estate taxes, and spousal rights may affect your plan. Reviewing your estate documents with local counsel helps ensure your wishes remain effective and legally enforceable.
How Could a Family Trust Help Protect Your Estate in 2026
A family trust can help protect assets, preserve wealth, and simplify estate planning in 2026. Learn the differences between revocable and irrevocable trusts, how to choose a trustee, determine beneficiaries, and properly fund a trust. The right trust structure can provide long-term financial security and efficient wealth transfer for future generations.