Living Trusts can be great tools for people who wish to protect property for their heirs, delay distribution of assets to heirs, or simply avoid the costly process of probate. Unfortunately, some people draft Living Trusts and then do not properly fund them before their death, meaning the estate must undergo probate. Fortunately, there is … [Read More]
Do You Need A Will?
Do you need a Will? That all depends upon where you’re at in your life. Someone in their early twenties for example, may not yet have a family to support nor own any major property. In this instance, a life insurance policy might be all you really need at this point. But once you start … [Read More]
The Living Will and Your Quality of Life
There is no doubt that modern medicine can successfully extend life when someone is seriously ill but in some cases, prolonging life might not be the best option. If there is a good chance to make a full recovery, or even close to a complete recovery, most people would likely opt to receive whatever medical … [Read More]
Five Important Considerations for Choosing Your Child’s Guardian
A will not only addresses the distribution of your assets, but through Probate can also nominate a guardian for minor children. While there are legalities to consider, it’s important to remember that you are also determining the quality of your children’s lives if you die before they reach the age of 18. Many parents understandably … [Read More]
What Makes A Good Estate Plan?
Estate planning is the process of getting your affairs in order before the unthinkable happens. Most people assume the “unthinkable” is death, but this includes incapacity as well. Think about it: if you became mentally disabled, would you and your assets be protected? Most estate plans consist of about four to five documents; the documents … [Read More]
Advance Directives A Must For Same Sex Couples
Healthcare choices have gotten a lot of attention in the news over the last couple of years, and this is something that everyone can address in their estate plan via an advance health care directive or living will. This is a legal instrument that, among other things, allows you to communicate exactly what medical procedures … [Read More]
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