Can You Override a Power of Attorney?
Can you override a power of attorney? Medical and financial powers of attorney (POA) are incredibly powerful and versatile documents. They provide the POA holder, or agent, with the ability to make life-or-death decisions on behalf of the person who executed the POA. However, these powers aren’t without limits, and there are several situations in…
Does All Property Have to Go Through Probate When Someone Dies?
Does all property have to go through probate when someone dies? During the estate planning process, you must decide how you would like your assets to be distributed after you die. Your last will and testament will name someone to act as your personal representative. The will may contain all of your instructions on what…
Revocable Trust or Irrevocable Trust: Which One Do You Need?
Do you need a revocable or irrevocable trust? No matter what happens throughout your life, you are going to leave behind assets for someone when you die. You should always leave behind a legal document to guide how to distribute those assets. Another thing you should do to protect your assets is to put your…
Living Trusts for Beginners: What is a Living Trust?
What is a living trust? If you are not prepared when you die or become incapacitated, your loved ones have to foot the bill and jump through legal hoops. If you do not want to put that sort of (additional) stress on your loved ones in their time of grief, you can prepare these documents…
Estate Planning Tips for Parents
In the excitement of having a baby, we often forget to plan for the unexpected. Luckily for you, we have four estate planning tips for parents to help you do precisely that. Appoint a Power of Attorney When there is a newborn on the scene, it is essential you and your partner execute a power of…
Do Not Forget Fido: What to Know About Including Pets in Your Will
What should you know about including pets in your will? A common question from pet owners is whether you can include pets in your will. What happens to my pet when I pass on? Keep reading to learn all about including pets in your will. What to Know About Including Pets in Your Will Pets have…
Estate Planning: A Key Baby Boomer Family Value!
If you were born between 1946 and 1955, you are considered to be a “Baby Boomer.” If you are a Baby Boomer do not already have an estate plan established, you need one for your own sake and for your family’s. So, what is an estate plan and why is it important? In this article,…
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…