Estate planning helps ensure that you and your loved ones will be protected no matter what the future holds. In our blog, we discuss the elements of an estate plan, how an estate plan prepares for possible illness or incapacity, what you can do to leave a lasting legacy for your loved ones, and much more. For answers to questions about your specific estate planning needs, please contact our office to request a free initial consultation.
- Page 1
-
In a last will and testament, you express your wishes regarding your dependents and how your property will be distributed upon your death. Many Americans feel they do not have enough assets to deem a will necessary, but unless you are destitute, you probably own a lot more than you think. -
As reported by caring.com, and despite the COVID-19 pandemic, the overall percentage of older Americans without a will remains unchanged. Dying without a will can cause logistic problems, becoming financially and emotionally draining on the loved ones you have left behind. -
Aging Parents and Estate Planning Once you begin the conversation, move away from the pandemic as your introductory technique as you do not want to create a sense of panic or fear. -
What's So Important About a Living Will? So why is a living will important? It reduces ambiguity which can prevent family disputes during what is already a difficult time. -
Here's How to Avoid Common Beneficiary Mistakes Existing policies for life insurance, IRA, or an old 401(k) may still list your ex-spouse as the beneficiary. -
Talking to Your Parents About Estate Planning The first time our estate plans are likely to come into play will be near the end of our lives and involve decisions concerning our health and finances. -
Uncertainty Surrounding the Outcome of US Tax Legislation Proposals Creating a strategic estate plan will take time and a great estate planning attorney who understands you, your business interests, and your family relationships. -
Probate is the legal process for authenticating a deceased person's will. In the absence of a will, the court will appoint a state administrator to handle probate. Probate law varies by state, but there are steps in the process that are common. -
The Only Way to Unload This Obligation is to Get Rid of the Timeshare If you are caught in this dilemma, act promptly. You should pay the resort’s demands while contesting them, sending a protest letter along with payments. -
Is Your Financial Information Up to Date? Preparing and organizing your financial information for when you are no longer capable will bring peace of mind to you today and relieve your loved ones' burden in the future. -
Unexpected accidents and illnesses do not discriminate by age. Without these critical documents appointing them as legal representatives, they will wind up in the court system. -
Your Plan Will Also Protect Your Legacy From Your Children's Potential Divorces or Bankruptcies Your family’s memories of you can be connected, through your things, in deeply emotional ways that may have nothing to do with the actual cash value of items.