6 Reasons to Establish a Trust as Part of Your Estate Plan
Estate planning should be considered one of the most essential parts of your financial plan. Setting up an estate plan simplifies the transition of your assets to the people you wish them to go to, and in the way you want them to be disbursed. There are several aspects of an estate plan, though, and…
How and When Does a Durable Power of Attorney Go Into Effect?
There’s no doubt that a Durable Power of Attorney (DPOA) is an important part of your estate plan. Ideally, if it’s well crafted and updated, a DPOA will protect both you and your assets by enabling someone you have deep trust in, to take care of both your healthcare decisions and decisions concerning your estate….
What You Need to Know About a Durable Power of Attorney in 2018
There are several different types of Powers of Attorney (POA). Regardless of the kind of Power of Attorney we are talking about, you are essentially enabling someone else to act on your behalf. Often, you will sign a POA for legal representation, or for other situations in which you might want someone to be able…
How Do I Appoint a Guardian For My Child If I Die?
“My greatest fear, someone I don’t know raising my child… What if something happens to me, who is going to take care of my child?” Who Would Raise Your Children If Something Happened to You? Honestly, no one wants to think about this question. It’s an implicit reminder that we are indeed mortal, and,…
5 Reasons to Create a Will Today
One of the best things you can do to protect those you love and the assets you will leave behind in the event you pass away is to create a will today. Most people tend to avoid discussing what will happen to their wealth and estate should the worst occur, and we agree, it’s…
Is a Military Will Enough Protection for my Family?
One of the benefits of serving in the United States Military is that you have access to free legal help for things like: Powers of Attorney, Wills & Living Wills, Family care & Family Estate Plan, Survivor benefits, Estate taxes, Probate. However, there are some very important limitations to these supports that you should be…
The Challenges of Creating a Guardian Plan for Children
Inspired by an Article in Mom.Me “Why I Still Don’t Have a Guardian for My Child” Sometimes you come across something that another person writes that stops you and makes you say, “yes! This is what I’ve been trying to say.” An article written in Mom.Me (link above) recently highlighted, clearly, the work we’ve been doing…