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Critical Estate Planning Documents for Young Adults
Once your child turns eighteen, you, as a parent, lose the legal right to make decisions for your young adult. You even lose access to basic information about health or finances. If your child suffers a medical emergency, you may be left helpless when it comes to making any decision for your child. This is…
Read MoreCan 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 MoreHealthcare 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 MoreWhat Happens if I Don’t Have a Will or Trust?
Most people have heard it is in their interest to establish a will and/or trust. These important legal documents set the stage for your loved ones to receive the money, real estate and other assets they need when you pass away. Think of your will or trust as an opportunity to control your assets rather…
Read MoreHow 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 MoreWhat 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…
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