Estate planning is not necessarily the most fun thing to think about. That is why folks put it off for years until some new pressure forces their hand. That being said, once you establish your estate plan, it is much easier to edit and adapt it than it is to redraft it all from…
Power of attorney is a legal designation granted to someone who has decision-making power over another’s estate. Usually, spouses have power of attorney over other spouses if they become incapacitated. There are two different types of power of attorney. One refers to a health care proxy. In this article, we will only be discussing…
Wills and trusts are similar and yet very, very different. While both are estate planning tools, they operate completely differently. There are advantages to using trusts that are completely absent when it comes to wills. However, not everyone will need a trust to distribute their assets. In this article, we will discuss the differences…
Planning for something, especially something momentous that you know will occur in the future, is generally a wise step to take. While no one wants to think about their own death, it is an important event that can impact your loved ones for many years to come. Planning for what should happen to your…
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