When multimillionaire Alan Lorenz passed away in 2021, he left behind an impressive life story—a successful legal career, an unexpected pivot to the health and wellness industry, and a fortune estimated at over £18 million. What he didn’t leave behind? A well-thought-out, airtight estate plan. And that, unfortunately, is where
Let’s talk about the elephant in the room: Medicaid is back in the news, and the headlines aren’t exactly comforting. With over 70 million Americans depending on Medicaid—seniors, people with disabilities, and low-income families alike—it’s no wonder folks are paying attention. Here at Norton Estate Planning & Elder Law, we’re
A romantic estate in the English countryside. A long-term partner. An estranged wife. A $29 million fortune. And yes—a court battle. This is not the latest Netflix legal drama. It’s a real story, and it’s the kind of estate planning train-wreck we help families avoid at Norton Estate Planning &
Let’s talk taxes. (Wait! Don’t leave. This one actually matters.) There’s a big proposal in the works that could affect millions of families—eliminating the step-up in basis. And if that happens? You or your loved ones could end up selling off the family home just to pay the IRS. At
Everyone’s talking about The Great Wealth Transfer—the $84 trillion expected to move from older generations to their heirs over the next two decades. Sounds like a massive win for the next generation, right? Not so fast. Without proper planning, that money could vanish into court fees, taxes, or bitter family
For many recent graduates, buying a home may feel like a far-off dream, especially with rising home prices and the challenge of saving for a down payment. But what if there was a program designed specifically to help graduates of Historically Black Colleges and Universities (HBCUs) and Predominantly Black Institutions
The call came late at night. Sarah had just settled into bed when her phone buzzed. On the other end, her mother’s voice was shaky. “Your father is gone,” she said. Sarah felt her heart stop. Her father, Robert, had always been the strong, steady presence in her life. Losing
For many people, buying a home is a lifelong dream, but the biggest hurdle often isn’t finding the right house—it’s coming up with the money for a down payment. If you’ve been putting off homeownership because you’re worried about the upfront costs, you might be in for a pleasant surprise.
The True Cost of Not Having a Will (And Why You Need to Tune In to This Podcast Episode!) Let’s talk about something that most people avoid like last year’s fruitcake—estate planning. I know, I know. It’s not the most exciting thing in the world, but trust me, not having
The Smith family’s estate plan wasn’t just about who got the house or the bank accounts. They wanted to preserve their family’s stories—the tales of great-grandpa’s courage in WWII, grandma’s secret recipe for peach cobbler, and the values that had guided their family for generations. Legacy planning goes beyond financial
