An important addition to any estate plan is a power of attorney. Unlike parts of an estate plan, such as a will or trust, that focus on what happens to an estate after the testator passes away, a power of attorney can focus on a testator’s long-term care while they...
When planning your estate, you may want to have provisions for your beloved pets as valued members of the family. This includes setting up a pet trust to ensure their ongoing care and well-being after you're no longer able to provide for them. The choice of a trustee...
You know that making an estate plan is an important part of your family‘s future. You want to prevent estate disputes by giving your beneficiaries some direction. You also want to create a plan that helps your family as you pass your wealth and assets to the next...
Estate planning is a defining step in determining how your legacy will be managed in the event of your passing, helping to ensure that your assets are distributed according to your wishes and providing for the ongoing care and support of your loved ones. When a...
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...
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...
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...
Philanthropy is a great way to ensure that your estate is put to good use after you are gone. By leaving your estate, or part of it, to charity, you will contribute to causes and organizations that are meaningful to you, making a lasting impact on the world. With all...
Putting in place a well-thought-out estate plan is crucial to ensuring the proper handling of your estate and affairs after your passing. Including a letter of intent can be a valuable addition to your estate plan. A letter of intent, though not legally binding, can...
During the unpredictable journey of parenthood, there may come a time when the consideration of guardianship becomes crucial. When it comes to securing your child's well-being, guardianship is an undeniably important legal arrangement. It helps to ensure that, in your...
