Prior Planning With a Will Always a Better Alternative
Does anyone have a crystal ball that I could borrow? Wouldn’t it be nice to know what our future looks like, so we could be better prepared—but on the other hand, maybe not?
What You Need to Know If Asked to Serve as a Trustee
If asked to be a trustee, anyone, unless previously experienced in this field would not know what the responsibilities are. How much work is involved? What is the time frame? Do I need to prepare tax returns and handle accounts? Can I get help? When do my responsibilities end?
How Much Will Long-Term Care Cost?
Many people are frightened of long-term care costs—for good reason.
Why You Need a Power of Attorney in Your Estate Plan
A power of attorney is a way for you to designate a person of your choice to make decisions for you.
Blended Family Calls For Protecting Children and New Spouse
According to a study by the Pew Research Center, remarriages are on the rise. Four out of 10 marriages are now remarriages. Half of previously married seniors have remarried again.
Do You Need a Power of Attorney When Diagnosed with a Serious Illness?
If you or a loved one is living with a chronic disease, such as Parkinson’s, multiple sclerosis, or Alzheimer’s, your estate planning likely should reflect that challenge.
What Do I Tell My Children About Their Inheritances?
Parents' instincts to protect their children can cause them to hold back on some important truth-telling about the kind of inheritance they might expect, but that could be a big mistake.
Do You Have a Pet Trust?
A pet trust is a legal arrangement that specifies how your animal companions would be cared for and taken care of financially if you pass away, or if you become ill or disabled and can no longer take care of them yourself.
What Can I Do with a Trust to Help My Kids?
There are mechanisms that you can put in place through a trust to help your children become financially responsible with their inheritance.
How Does a Life Estate Work?
When you use a life estate, how does it work? What are the restrictions and who pays the property taxes and other expenses for the home?