To Avoid Estate Planning Mistakes, Utilize a Team of Professionals
It is important to assemble the right professional team for the creation of your estate plan in order to receive the best advice and legal documentation to protect your legacy. Besides an estate planning attorney, who often specializes in elder law, you will likely need the services of a certified
When Are Equal Distributions Appropriate?
Equal is Equitable, Most of the Time We have a lot of choices to make in our lifetimes, especially when it comes to our children. When we are faced with the hard decisions on how to leave property to your children, the clear choice is to divide everything into equal shares.
Planning For Family Members in Need
There are a variety of ways to help our loved ones who need a little extra help. These days, many people are struggling with a substance-abuse problem, living on the streets, or suffering from mental disability – or all three simultaneously. Many families want to assist family members struggling like
Cryptocurrency and How It Fits Your Estate Plan
Traditional estate planning has a whole new look. Most elements are mostly obsolete when it comes to digital assets. Crypto-assets may comprise a significant individual wealth in the forms of cryptocurrencies like Bitcoin and non-currency blockchain tokens. If you own any of these asset classes, addressing complex challenges to secure,
Understanding the Probate Process
The probate court is the legal process of validating a person's will and ensuring an executor handles the decedent's assets, debts, and final tax filings by law and according to the decedent's wishes. To begin probate, a personal representative or executor must file with the county court where the decedent
Vacation Home Considerations for Estate Planning
Many families enjoy spending time in their family vacation home. Sharing time and creating memories is the hallmark of such properties, and often there is a desire to preserve the home's ownership within the family system for generations to come. Yet, even seemingly harmonious families can experience discord and exasperation
Act Now to Validate Aging Powers of Attorney
My uncle is in the hospital and needs me to pay bills on his behalf. In 2002, he named me as his financial power of attorney, so I could write checks for him when he couldn't, like now. But the bank is rejecting the document. They say it's too old.
An Estate Plan Is Necessary to Make Sure Your Final Wishes Are Carried Out
To be sure your final end-of-life wishes are followed; you must prepare an estate plan. Many put off making these plans thinking there is always time. The sad reality is that none of us are guaranteed time. Others may be bothered by the thought of death itself and allow this
Advance Health-Care Directives for Important Decisions
Imagining how we may perish is probably one of the hardest things we will ever have to think about. Yet, if we want our dying to be meaningful and merciful, it is imperative that we think about it while we still can. Most of us want to die at home,
The Importance of Clear End-of-Life Care Instructions
You would hope your living will was properly prepared and your resuscitation instructions or DNR (do not resuscitate) are in order. While your wishes in a living will may be appropriately documented, that does not guarantee the instructions will be carried out as you stated. The frightening truth is that