Posts by Lisa Salines-Mondello
9 Major Life Events That Should Encourage You to Update Your Estate Plan
An estate plan is not necessarily something you can fix in place and then forget. When your life undergoes a significant change, you will probably want to make some adjustments to ensure that your plan still functions accordingly. Let’s review a few major life events that provide good reasons to update your estate plan. 1.…Read More
Can a Will Help You Avoid Probate?
People often assume that having a will is enough to keep their estate from going through the probate process after their death. What is Probate? In a nutshell, probate is a legal process during which a deceased person’s estate is reviewed and administered by court-appointed representatives. Depending on the circumstance, it can take months, even…Read More
Healthcare Decision Making As Part Of Your Estate Plan
When you think of estate planning, a trust or will may come to mind. While these are important parts of any estate plan, many people overlook the equal importance of having a healthcare directive as a part of their complete estate planning package. As a result of the COVID-19 pandemic, the necessity of having a thorough estate…Read More
How to Hold an Estate Planning “Fire Drill”
Just like fire drills in elementary school let students know what to do in the event of a fire, an estate planning “fire drill” helps your family know what to do after you die or become incapacitated. Holding this type of family meeting after creating your estate plan can be invaluable in the process of…Read More
What is Typically Included in an Estate Plan?
An estate plan is the plan you make ahead of time for how you want your property and assets protected, and distributed, when you pass away. It can also provide for your healthcare and financial management in the event of an emergency or accident. Following are typically some of the most common aspects of an…Read More