Articles
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 […]
Read MoreEstate 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? […]
Read MoreDue 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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Living Trusts: What are Some Benefits of Living Trusts?
What is a Living Trust? A living trust is an arrangement under which a trustee holds legal title to property. You can be the trustee on your living trust or you may appoint someone to be the trustee. Many people appoint a family member or spouse as the trustee of their living trust. If you […]
Read MorePower of Attorney vs. Conservatorship
Power of Attorney A Power of Attorney (“POA”) is a legal document in which a Grantor authorizes another individual to act on their behalf. The POA continues if the Grantor becomes incapacitated. However, a Power of Attorney expires when the Grantor dies. The purpose of the POA is to ensure that the Grantor’s financial and […]
Read MoreHow do I know if an estate goes to probate court?
When a loved one dies, hopefully, that person had taken the time to come up with an estate plan. If they did, that’s great, but the family may still not be sure what to do because estate administration can become a legal process, which can add stress to the family during this difficult time. One […]
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