Estate planning is important for ensuring your loved ones get taken care of after you are gone. One effective strategy is using charitable trusts. These options not only benefit charitable causes. but they can also significantly reduce the burden of estate taxes for...
Month: March 2024
I’m worried my assets will be misused after I die. What can I do?
You won’t exactly know how your assets will be managed and used after you pass away. Your will in your estate plan is a document that outlines your wishes for how your estate should be handled and distributed. Yet, your will could be disputed, your estate could be...
Does a power of attorney apply immediately?
As part of your estate plan, you may consider using a power of attorney. This document gives you the chance to legally choose an agent who can act on your behalf. For example, you could use a medical power of attorney, and your agent could then make healthcare...