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6 Reasons to Establish a Trust as Part of Your Estate Plan

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…

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What You Need to Know About a Durable Power of Attorney in 2017

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…

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What A New College Student Can Teach Us About Family Planning

What A New College Student Can Teach Us About Family Protection Planning

  Your baby is now 18 years old and is on their way to college as a freshman this coming fall!  That happened fast…In fact, it may have happened so fast that you didn’t realize that while they may be your baby still, they are full grown adults in the eyes of the law.  …

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Why You Need to Update Your Estate Plan After These Life Events

Too many estate plans are created and then quickly forgotten, put on a shelf, and never looked at again. While we do recommend that you review and update your estate plan at least every three years, no matter what happens in your life, your plan must be updated immediately in the event of any of…

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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…

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Create a Plan to Protect Your Children

Family is important to Lilac City Law.  We have dedicated a big part of our business to supporting families in all phases of life. From Kids Protection Plans to disability and long term support advocacy.  The one thing we know that always makes things easier, is the value of creating a plan.   Remember When…..

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The Value of Proper Protection Planning

Establishing an effective planning process with your estate lawyer is very important.  Most estate lawyers will say, “Without proper planning…[fill in the blank].”  But they don’t walk you through what that means or how you will know if you’ve actually set up a proper plan.  They focus on what happens without the plan and leave…

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