Teresa K Bowman PA

06/23/2026

Many homeowners think a reverse mortgage will help their family cover costs after they pass away. The truth is that reverse mortgage credit lines lock up immediately upon death and the loan becomes due. If you want to protect your home and ensure your family has the cash they need for estate taxes, we need to talk. Contact our office to build a proactive estate plan.

Learn how the 2026 estate tax change affects homeowners with reverse mortgages and why heirs can’t use a credit line to pay estate taxes.

06/18/2026

Bought your first home? Single Gen Z women should pair homeownership with an estate plan—at minimum a will, beneficiary designations, and powers of attorney—to make sure your house and finances go to who you choose and avoid probate headaches.

Despite purchasing what might now be their biggest asset, women are less likely than men to have any estate planning documents in place.

06/17/2026

What is the one thing doctors wish their older patients understood? The importance of Advance Directives. If you lose the ability to speak for yourself, your doctors need to know exactly who has the legal authority to make your medical decisions. Take the burden off your family. Send us a message today.

https://www.ama-assn.org/public-health/prevention-wellness/what-doctors-want-patients-know-about-end-life-care-planning

06/16/2026

Inheriting a home with a mortgage can raise important questions about ownership, loan obligations, taxes, and estate administration. Learn more about the financial and legal considerations that may affect your options as an heir.

In many situations when a family member passes away, beneficiaries inherit both a home and the mortgage that goes with it.

06/11/2026

Estate planning does not always require leaving equal inheritances to every beneficiary. Learn more about the legal and personal considerations that may influence decisions regarding unequal distributions in a will.

https://www.legion.org/information-center/news/planned-giving/2026/january/passing-unequal-shares-in-your-will

06/09/2026

Estate planning ensures your assets are distributed according to your precise wishes rather than being left to a probate court's discretion. A comprehensive plan protects your loved ones by naming guardians for minor children, minimizing tax liabilities, and preventing family inheritance disputes.

Learn why estate planning is essential for protecting assets, avoiding probate, minimizing taxes, naming guardians, and preventing inheritance disputes.

06/04/2026

While marriage equality provides many legal protections, estate planning remains an important step for both married and unmarried same-sex couples. Learn more about strategies that can help safeguard your loved ones and legacy.

An estate plan tailored for same‑sex couples is both an expression of love and a practical necessity. While marriage equality offers some protections, significant legal and financial differences remain, particularly for unmarried partners. By creating a clear plan that addresses property ownership...

06/02/2026

Selecting the right executor requires choosing an organized, reliable individual who can manage complex administrative tasks, navigate family dynamics, and dedicate months to settling your estate. To prevent delays and legal hurdles, avoid automatically appointing co-executors, obtain the candidate's prior consent, and name an alternate or estate attorney to handle the process.

This decision can be one of the toughest parts of estate planning

05/28/2026

Estate planning puts you in control of your assets and care—start with an inventory, update beneficiaries, and set durable powers of attorney and health‑care directives. Review regularly and consult an estate‑planning attorney for a confidential, state‑specific review.

For estate planning, take inventory, account for family needs, establish directives, review beneficiaries, note state tax laws, weigh getting help and reassess.

05/26/2026

Did you know that outdated beneficiary designations on your retirement accounts or life insurance policies can completely override your trust? Do not let a simple paperwork mismatch misdirect your inheritance. Check out these five vital trust rules and call us to update your plan.

Seniors should review these five revocable living trust rules before June to avoid probate mistakes, tax confusion, and Medicaid surprises.