Checklist: Six Must Have Items in Any Estate Plan
Setting up a fully comprehensive estate plan means covering all the bases so that when you need the plan to work for you, it works the way you envisioned it would. However, that also means planning for contingencies and getting things in order today, so that tomorrow your family or caretakers aren’t scrambling to figure…
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 A New College Student Can Teach Us About Family Protection Planning
Your baby is now 18 years old and is on her 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. In…
How Do I Appoint a Guardian For My Child If I Die?
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, in some cases, we may leave this world before we are ready. Who will you leave your child with if you die? What are our…
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…
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…