Having a will provides a great point of reference for your surviving family members as they prepare to close your estate. It can also provide visual reassurance to you that asset distribution will align with your intentions. Creating a will that meets your...
Month: January 2023
Preparing for your role as an executor
Having the responsibility of closing an estate requires time, patience and organization. Prior to accepting a request to be an executor, make sure you understand what your obligations will be. Your preparation can improve your confidence and your ability to...
Power of attorney abuses to look out for
A power of attorney (POA) is a legal document that gives another person the authority to make decisions on your behalf. Several types of POAs exist, including a durable POA, which remains in effect even if you become incapacitated, and a springing POA, which only...
The difference between an individual and corporate trustee
Establishing a trust can be an excellent decision for your financial legacy. However, with the establishment of a trust, you have to make several important decisions, including establishing a trustee. You have complete control over who you choose to control your...
