Estate Planning

A power of attorney (POA) is an effective estate planning tool that allows individuals to continue having control, albeit indirectly, of their finances, business and legal affairs, even if they become incapable of handling them on their own. One of its important...

Reaching retirement is a big milestone in life and one that should be celebrated. You’re probably looking forward to finally having the time to spend doing all the things you love and getting some well-needed rest and relaxation.  Planning for retirement, however, can...

No one likes to talk about death. However, having a will in place can help relieve stress, financial problems and conflict among your loved ones once you become incapacitated or pass on.   While a will is essential, most people don’t have it. This means that the fate...

"Hope for the best but prepare for the worst" is sage advice that applies to certain life-changing events. A sudden sickness or disability can be catastrophic, particularly if you haven't planned for it. Making the burden easier for loved ones is essential....

Your broader estate plan is a legal instrument that’s used to assess what will happen to your estate after you pass away. There are many moving parts in an estate plan that you should be aware of. These are a few of the most basic elements of a comprehensive estate...

When doing their estate planning, many people will divide assets equally. They just want the children to feel like the division is fair. The easiest way to do this is to make it all even. For example, someone with $600,000 and three children would simply leave them...

When you create a trust, you must appoint someone to manage its assets ( a trustee). They will administer the trust and distribute proceeds to the beneficiaries according to your wishes. While a trustee is legally obligated to always act in the best interests of the...

As responsible new parents, you and your spouse chose a designated legal guardian for your child when your baby was born. You gave it considerable thought and were relieved that your chosen person agreed to become your child’s legal caregiver should the two of you...

The older someone becomes, the greater the risk that they will develop debilitating cognitive issues related to their age. Alzheimer's disease is only one of multiple age-related health concerns that can affect someone's mental capacity and legal authority. Those who...

Writing a will as early as possible is generally a good idea. You don't need to be older or have assets worth thousands of dollars to do it. Y You can update your will when circumstances change. However, after signing your initial will, it becomes an official...