Many people understand that estate planning acts as a preparatory measure. Unfortunately, most people often don’t understand enough about why estate planning is vitally important. People forget that they need to plan for the unforeseen, and if they fail to plan, the results can be catastrophic. For example, what if you develop dementia […]
Read More »Why You Need a Durable Power of Attorney
What do you think of when you hear “Power of Attorney”? If you are like most people, you probably think a POA is designed to assist a person with his/her day-to-day responsibilities including management of financial assets in the event he or she becomes incapacitated by illness or an unfortunate accident. While an agent […]
Read More »Forbes – Don’t Let Your Power Of Attorney Become Powerless
Check out this article form Forbes!
Read More »Check Your Estate Planning List Twice
Dwelling on estate planning may seem like a bit of a downer. Now is as good a time as any to take stock of your personal finances and also make sure you have done some proper estate planning. Having your affairs in order will lift a huge burden off your family that would otherwise face […]
Read More »How to Pick a Trustee, Executor, and Agent Under a Power of Attorney
While the term fiduciary is a legal term with a long history, it very generally means someone who is legally obligated to act in another person’s best interests. Trustees, executors, and agents are all examples of fiduciaries. When you pick trustees, executors, and agents in your estate plan, you’re picking one or more people to […]
Read More »The Flexible Protection of Trust-Based Planning
As you assess your goals for the year ahead, take a moment to review your legacy planning. You’ve hopefully already handled a few key pieces—set up and funded a trust, signed a will, created a power of attorney, etc.
Read More »How to Align Insurance with Your Estate Plan
If you’re like most folks, you use a variety of insurance products to manage risk and protect you, your family, and your assets from losses caused by property damage, businesses, property, accidents, disability, retirement, and death. However, instead of considering these insurances as separate items, we suggest you make them part of an integrated, overall […]
Read More »The Real Life Perils of Online and Do-It-Yourself (DIY) Estate Planning
With the number of online and do-it-yourself (DIY) legal providers continuing to grow and advertise heavily, you may be wondering if you could do your estate planning with the help of these forms. The advertising is seductive. Ads say, “attorneys use similar forms,” “the cost is significantly less than hiring an attorney,” and “many of […]
Read More »Will You Make these 5 Tragic Yet Common Estate Planning Mistakes?
We see tragedy on a day-to-day basis because good, caring folks make these horrid estate planning mistakes regularly. Will you?
Read More »‘Till Death Do Us Part, Too: Estate Planning Tips for Commitment Without Marriage
Advice columnist Ann Landers once observed that “love is friendship that has caught fire.” If that’s true, there are thousands of ways for that blaze to unfold. For many Americans, such devotion and passion do not need to be neatly formalized as marriage.
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