In recent days, many people who have never done their estate planning are now realizing that it should be a top priority. We are in the midst of a worldwide pandemic. In the unfortunate instance that you or your loved ones become ill with Covid-19, you should have a Medical Power of Attorney on hand….Read More
What are the duties of a legal guardian or conservator? A legal guardian or conservator is appointed by the court when an individual has been determined to be mentally or physically incapacitated. This can also be a minor who is in need of an adult to manage their assets. Guardians A guardian has a fiduciary…Read More
The COVID-19 pandemic is sparking an increase in estate planning. People are creating their wills, medical directives, and powers of attorney through one of the many websites that provide legal services because it’s convenient less expensive. Those websites will not solve your problems if you have a unique situation. Say, children from an earlier marriage…Read More
Our amount of time on this earth is unpredictable. As the average life expectancy continues to rise, most Americans feel like they have all the time in the world before they need to focus on something as unsettling as their own death. In some minds, thinking about death equates to thinking about estate planning. But,…Read More
Do you have a will? How about a power of attorney or advance medical directive? If you have a retirement account, own your own home, or have children, you need an estate plan. If you have what you believe to be minimal assets, an estate plan is still in your best interests. Anyone can become…Read More
Have you started on your resolutions for 2021? Let’s see, get to the gym, control your spending, what else? How about create and organize your estate plan? The idea seems daunting, but estate planning is the best gift that you can give both to yourself and your family. Additionally, we all find ourselves with more time…Read More
At some point in our parent’s lives, most adult children will need to manage their parent’s finances. Recognizing this responsibility is necessary is the easiest part of the undertaking, the rest should be handled with empathy, patience and persistence. Americans are living longer. According to a recent report from the Centers for Disease Control and Prevention…Read More
While most estate planning tends to focus on a person’s property, a comprehensive plan will include planning if you become disabled or incapacitated as a result of an accident, injury, disease or illness. Good incapacity planning will include the following “tools”: Revocable Living Trust. While this type of trust will hold your assets, a properly…Read More
A basic tool in any person’s estate planning is the will, which usually addresses not only your property and assets but also dictates who will care for minor children if both parents pass away. Wills aren’t really the best and final option for every estate, especially given that probate must occur before any assets are…Read More
Although charitable giving is not the first thing that comes to mind when people begin their estate planning, most people do want to use their money to help change the world. The thought of estate planning all by itself is a daunting project. Who wants to think about the end of their lives? The idea of allocating your…Read More
