Seniors who find themselves or a loved one needing costly medical procedures or a move to a nursing home fear they will deplete their estate assets to pay the bills. And they realize the high cost of long-term care will mean that they have to find a way of...
After one sits down with an attorney to finally craft their estate plan, it can be an incredibly uplifting moment because they know their loved ones will be taken care of after they pass. After all, it is something we all need to do, and in our uncertain times, it has...
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...
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...
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...
There comes the time in the life of any estate plan to update the estate plan. Updating an estate plan is an important part of the estate planning process. Setting up an estate plan is important but it does not stop there. For that reason, estate planners should have...
Have you ever considered what would happen to your pets if something were to happen to you? Most people have an idea of how they intend to divvy up their wealth and possessions after they're gone but often overlook their four-legged family members. You might assume...
If you have multiple children, you are likely planning to include them as heirs in your will and other estate planning documents. While gifting your assets to your sons and daughters is a good thing, doing so smoothly may not be as straightforward as you would assume....
Have you been meaning to plan your estate but have never gotten around to it? If so, you are not alone. Statistics show that less than 40 percent of Americans currently have an estate plan. But that may soon be changing due to the Coronavirus pandemic wreaking havoc...
When you plan your estate, it can be tempting to only write a will. However, while this can simplify the estate planning process today, it may not give you or your loved ones the protection you need in the future. By considering the wide variety of estate planning...
