As a precautionary measure, you should make provisions in case you become incapacitated and require someone to manage your affairs when you become incapacitated. These legal documents can grant broad authority to one or more power of attorney agents to…
Your estate planning documents should be reviewed periodically, particularly after big life changes such as marriages, births, divorces, and moving to a new state. Children grow up, marriages dissolve, property gets sold, and residences change. That’s why we recommend that…
While estate planning may seem to be for the wealthy, a person’s estate is simply the property that they own, and most people own a little bit of property. Property ownership includes individual as well as jointly owned bank accounts,…
There is not much we own as a family. Can’t we wait until we have the money to plan? You shouldn’t. It is crucial to give legal authority to a person of your choice, to care for your children if…
The majority of young adults do not prioritize estate planning. Young adults in their twenties and thirties often think they don’t own enough to constitute an estate. However, an estate is the total of all you own – money, investments,…
It is prudent to have an open and honest discussion centered around your mortality, although it is sobering. No one relishes the thought of their demise, and yet with forethought, you can ensure that your estate plan and your healthcare…
One of your friends or family members may ask you to be their power of attorney or fiduciary. Your person may be planning for when they might become unable to take care of their affairs. For example, they might become…
As your parents age, it is important to have conversations with them about their finances and estate plan. To broach the topic, you might bring up current events like the coronavirus pandemic, its effect on economic conditions, and how it…
Many of us have been left unprepared and confused since the advent of COVID-19. There are numerous reports of shortages of antibacterial hand sanitizer, disinfecting wipes, and even toilet paper. While we can’t predict when something like COVID-19 might strike,…
You should be checking your estate planning documents every so often to make sure they’re still good. This is especially true with big life changes like births, marriages, divorces, and moving to another state. Children grow up, marriages dissolve, property…
