Reid G. Tolar, Attorney at Law

Reid G. Tolar, Attorney at Law I have a passion for helping people find their path to financial freedom.

Whether you need help with Estate Planning or have fallen on tough times and need help digging out of a hole, I am here to help.

The more you know!! If you have questions, or need to set up an appointment to discuss your options, please give us a ca...
06/09/2026

The more you know!! If you have questions, or need to set up an appointment to discuss your options, please give us a call!!

10/27/2022

Do you have an aging parent who needs long-term care? If you have already checked into long-term care, you know how costly it can be! A nursing home in the State of Alabama can be anywhere from $7,500 - $10,000 per month! Very few people can afford an extended stay in a long-term care facility without some kind of assistance.

If you think Mom or Dad is getting to the point of needing full-time care but they don’t qualify for assistance, please give me a call. There are ways that we can help preserve the assets they have worked so hard to save while getting the benefits they need and deserve!

I don’t charge anything to talk so please don’t hesitate to reach out to me!

334-303-2258 or [email protected]

www.reidtolarlaw.com

10/20/2022

Although you don't have to think about it daily, you should think about updating your Will or Trust if you have recently had a life changing event, such as having a child, or a grandchild! Or if someone has recently passed away who was named in your previous Will or Trust. If nothing like this has happened recently, I recommend that people at least review their Will or Trust every five years or so. You do not have to put a lot of thought in it if there are no changes needed, but it is at least a good thing to make sure everyone is still on the same page!

If you have any questions about updating your Will or Trusts, I do not charge anything to talk! Please reach out to me at 334-303-2258 or [email protected] and I would love to sit down with you and develop a game plan!
www.reidtolarlaw.com

10/17/2022

Have you named an Executor in a Will and are wondering what all needs to be done? Although it may seem like a difficult and overwhelming task, with the right guidance, you can get this done! I have worked at this for several years and have learned to "do's and don't's" of the Probate Process and would be more than happy to sit down with you to discuss a game plan! I never charge a fee just to talk so you have nothing to lose!

Many people have questions about Special Needs Trust....Do I need a Special Needs Trust for my child? What will a Specia...
10/13/2022

Many people have questions about Special Needs Trust....Do I need a Special Needs Trust for my child? What will a Special Needs Trust help us accomplish? How can I supplement my child's care when I am gone?

Thankfully, a Special Needs Trust can receive funds and still allow your loved one to receive the governmental health and disability benefits, like Medicaid and Social Security Disability, that they so desperately need. All it takes is a little planning and we can have everything set up to where your loved one can be provided for in case you are no longer with them.

Check out my latest article on the Important Things to Know About Special Needs Trusts. http://www.reidtolarlaw.com/blog/what-are-some-things-to-know-about-special-needs-trusts

Many people have questions about Medicaid and an inheritance. Whether you have a disabled child who is on Medicaid, an a...
10/11/2022

Many people have questions about Medicaid and an inheritance. Whether you have a disabled child who is on Medicaid, an aging parent who is having their long-term care paid for by Medicaid, or you have a disability yourself, the rules governing Medicaid and inheritances can get complicated and messy. With proper planning, we can help you make sure to protect your family assets and still get the benefits you or your family needs from Medicaid.

Check out my latest blog post about how to protect an inheritance from Medicaid. http://www.reidtolarlaw.com/blog/how-do-i-protect-my-inheritance-from-medicaid

A legal guardian is an adult designated to care for a child in case both parents die before that child reaches adulthood...
09/15/2022

A legal guardian is an adult designated to care for a child in case both parents die before that child reaches adulthood. While the thought might make you shudder, you need to choose a guardian so the courts don't do it for you if the worst should happen.

If you think your mother, father, brother or sister would automatically receive custody of your child, you're mistaken. Unless you specifically name a guardian in your will, anyone can step forward and ask for the job, and a judge will decide who gets custody.

If you and your spouse have separate wills, it's best to name the same person as the guardian of your child to avoid conflicts. Many parents also name an alternate guardian in case their first choice is unwilling or unable to accept the responsibility.

It is VERY important to go ahead and make this decision. Almost every one of my client's who have made these plans and prepared a will in case they were to pass away unexpectedly have expressed a sense of peace knowing that they have their affairs in order.

Take the time to knock this out today! I would be glad to help you walk through this if you would like! Just call me and we can easily develop a game plan for you and your children!

www.reidtolarlaw.com

Reid Tolar
Attorney at Law
250 Winton M. Blount Loop
Montgomery, AL 36117
334-303-2258
[email protected]

Here is some important information for those of you who are trying to get your affairs in order....- Make sure all finan...
09/13/2022

Here is some important information for those of you who are trying to get your affairs in order....

- Make sure all financial accounts and life insurance policies have direct beneficiaries. The beneficiary will only have to go to the bank with your death certificate and an ID of their own to access the money you plan to leave them.

- Get a Last Will and Testament: This document designates who you want your personal belongings will go too.

- Create a Trust: This allows your documents to pass to your heirs without having to go through the Probate Court!

- Get a Living Will: This allows you to put in writing exactly what you want done in the event you cannot speak for yourself when it comes to healthcare decisions.

- Create a Durable Power of Attorney: This allows your loved one to to make legal decisions on your behalf if you are no longer competent to do so.

- Get a Power of Attorney for Healthcare: This document allows you to designate someone to make healthcare decisions for you if you are unable to do so yourself.

- Prepare your Dispositions of Remains Form: This allows you to share your wishes with your family as to how you want your remains disposed of and how you want your funeral to be arranged.

- If the above documents are done, you will make things a lot easier on your loved ones when they are grieving your loss. If all the above is not done, they will have to open an estate and all money that doesn’t have direct beneficiaries goes into this account. They will have to have an attorney to open the estate and the attorney also has to publicize your passing in the newspaper or post publication at the county courthouse, to allow anyone to make a claim on your property. This can be very costly and time consuming!

- Go to my website and download the "Important Documents and End of Life Paperwork"

- Make sure SOMEONE knows your account logins and passwords!

- MOST IMPORTANTLY!!!! - Talk with those closest to you and make all your wishes KNOWN. It will make things a lot easier and may help stop a fight if your loved one's know your plans before you pass away! Talk to those whom you’ve designated as your Executor/Trustee, as well as those close to you whom you did not designate. This will help them understand why your decisions were made and it will help avoid any lingering questions or hurt feelings.

I sure hope this helps! I hope this encourages all if you and your friends and family to take care of these things to make it easier for those we all leave behind!

www.reidtolarlaw.com

I have had many clients ask me what are the important things I need to have done so that my family is prepared when I am...
09/09/2022

I have had many clients ask me what are the important things I need to have done so that my family is prepared when I am gone. Not only is this a great question, but to add to it, WHERE are those documents located and WHO does your family need to contact when you pass away!

To answer those questions, I have put together a form for you to have! It gives you a list of the important documents you need, a place to list where they are located, and a list of important people to call when you pass away!

Give yourself and your family some peace of mind and take the time to fill this out! Please let me know if I can assist you in any way to help fill this form out!

https://storage.googleapis.com/wzukusers/user-36055076/documents/d923489ea9aa42529651138dfe5e43e3/Important%20Documents%20and%20End%20of%20Life%20Paperwork.pdf

www.reidtolarlaw.com

We appreciate all of our fallen heroes and their families. Please take a moment today to remember and honor. Thank you.
05/30/2022

We appreciate all of our fallen heroes and their families. Please take a moment today to remember and honor. Thank you.

Address

250 Winton M. Blount Loop
Montgomery, AL
36117

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+13343032258

Website

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