The odds are good that at some point during your life you will execute a Power of Attorney. Given how common they are, you may also be named as the Agent in someone else’s Power of Attorney. What … [Read more...] about Can a Third-Party Refuse to Accept a Power of Attorney?
Every adult should have at least a basic estate plan in place; however, that need is heightened for women. The problem is that women are often unaware of how important estate planning can be for them. … [Read more...] about Why Is Estate Planning Crucial for Women?
If you have an estate plan in place, you already recognize the numerous benefits an estate plan offers. Once your plan is in place, however, you may struggle with deciding how much (if any) of the … [Read more...] about Pros and Cons of Sharing the Details of Your Estate Plan
There is a very good chance that you will need help covering healthcare costs not covered by private insurance at some point in your lifetime. When you find yourself in that position, you will likely … [Read more...] about Understanding Medicaid and Medicare
You probably prefer not to spend too much time contemplating your own funeral and burial; however, it is something you should spend some time doing to spare your loved ones from additional grief as … [Read more...] about Why Is Funeral Planning Important?
Even though most people recognize the need to have an estate plan in place, most Americans do not have one. One of the primary reasons why the average person puts off creating an estate plan is the … [Read more...] about Taking the Mystery Out of Estate Planning
If you are a parent, you likely plan to pass down some, or all, of your estate assets to your children upon your death. If your children are still minors, they cannot inherit directly from your … [Read more...] about Why You Should Avoid Leaving Children a Lump Sum Inheritance
People often overlook the importance of choosing the right fiduciaries within their estate plan. The right fiduciaries can dramatically increase the chance of a successful plan while appointing even … [Read more...] about Choosing Your Fiduciaries in Your Estate Plan
There are acronyms in our field that are used to shorten the names of legal terms, and one of them is “QDOT.” These letters stand for the qualified domestic trust, and we will explain why these trusts … [Read more...] about Why Would You Use a QDOT?
If you decide to draw up a will to serve as the centerpiece of your estate plan, you should see a holistic picture. Yes, you have to express your wishes regarding the way you want your assets to be … [Read more...] about Tips for Preparing a Will for Probate
