Being appointed the executor of a loved one’s estate is an honor, but it is a role that many people are unfamiliar with. The following is a brief overview of the role of the executor of an estate. This post does not contain legal advice, so those who need further...
Month: September 2020
The components needed for a valid will
Having peace of mind that an estate planner’s will is valid is important for estate planners because they are using their will to dispose of their property and assets to their loved ones. As long as estate planners understand the importance of a will, and the...
What is a durable power of attorney?
Estate planning allows adults of all ages to plan for the future and protect their assets. A power of attorney is a legal document that allows a person, referred to as the ‘principal,’ to assign someone, referred to as an ‘agent,’ the responsibility of making...
What is the process of preparing for incapacity?
One important aspect of the estate planning process that is sometimes overlooked is the importance of planning for incapacity. Estate planning tools can help estate planners prepare for if they become incapacitated in the form of several different types of documents...