The importance of planning ahead for long-term care

The need for long-term care should be considered during the estate planning process. Recent statistics show that an estimated 60 percent of Americans will need long-term care at some point in their lives. Long-term care is becoming more common as our population ages and life spans lengthen. This is because many people of advanced age […]

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Estate planning in the electronic age: protecting your digital assets

Take a moment to think about your digital footprint. Do you have accounts on sites like Facebook, Twitter, Instagram or Pinterest? What about business networks like those established by industry groups, alumni associations or on LinkedIn? Do you have online access to pay your credit cards, utilities, mortgage, car payments, student loans or other debts? […]

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Due care can help you avoid common estate planning mistakes

Many people avoid estate planning so they don’t have to think about the issue of their own deaths. However, much like taxes, death is inevitable. By understanding our own mortality – and taking steps now to plan ahead – we can protect both our loved ones and our assets after we are gone. Generally, something […]

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What is a power of attorney?

Those who are named as a power of attorney have specific responsibilities that they need to carry out. This role gives people the ability to act on behalf of another individual. They are entrusted with making decisions that suit that person’s best interests. When an individual is unable to make their own decisions due to […]

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How is probate involved in estate administration?

When a loved one passes away, it is a sad experience that causes an emotional time in our lives. Dealing with estate administration can be difficult to handle during these times. The stress of planning legal and financial issues may be something you cannot bear. However, the process can be made to be more efficient […]

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What is an advance healthcare directive?

During our lifetime, it is important to think about how we want to be treated during our end of life care. Although this can be a morbid topic, in the long run, it can be beneficial. We should be the ones deciding what our medical care is. During our lives, we go to a doctor […]

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