The Second Most Powerful Estate Planning Document: Power of Attorney
A power of attorney, similar to a last will and testament, is a powerful document that must be created before it becomes necessary.
Gray Divorces Changing the Future for Many Senior Americans
Rising divorce rates among Americans over the age of 50 are causing more conflict in estate planning, new data shows.
Creating an End-of-Life Checklist
An End-of-Life Checklist can avoid any confusion or questions that may arise among different family members.
What is the Difference between Guardianship and Power of Attorney?
With all the media buzz about guardians stealing money from those whom they are meant to protect and overall financial abuse issues involving seniors, it’s a good moment to revisit how surrogate decision-making works.
No Will? Don’t Count on a Happy Ending for Your Family
At the time, he had gone so far as to have his will drawn up, but he hadn’t finalized it. In addition, he hadn’t authorized anyone to have power of attorney, in case of illness.
Hey Dad, Can I Get an Advance on My Inheritance?
What is equal treatment at time of death can be disputed among the children, when some children have received substantially more in lifetime gifts than the others.
Preparing for an Emergency Includes Power of Attorney
If you experienced a temporary illness or needed someone to quickly step in to pay your bills, would your finances be organized enough for them to handle?
Handing Kids Keys to Your Home Is Never Good Estate Planning
Adding an adult child to your house deed, or giving them the home outright, might seem like a smart thing to do. It usually isn’t.
Surprising Ways Beneficiary Designations Can Damage an Estate Plan
During the estate planning process, these beneficiary designations are reviewed to ensure that the beneficiaries are correct, and that the distribution of these assets conforms with the client’s intended estate plan.
How Can I Make Changes to an Estate Plan?
Updating one’s estate planning documents involves changes to one’s trust, will and/or designation of death beneficiaries, as relevant. To be effective, such updates must be done correctly.