Category: Estate Planning

Most estate planning begins with a last will and testament, but this is only one of several instruments you will need. Two other essential documents are the living will and durable power of attorney. Both of these documents broadly concern situations in which a person is incapacitated. However, it’s important to understand...

The internet has revolutionized the legal industry and has given consumers the ability to handle  a number of matters on their own. This is no less true with respect to estate planning. And while it may be tempting to plan your own estate, there are several potentially serious risks involved which make...

Trusts have long been an integral part of developing a comprehensive estate plan because they offer a number of advantages that are not available with a last will and testament. However, most people incorrectly assume that trusts are only for wealthy individuals and families. The reality is that these instruments can...

Newly married couples who are just beginning their lives together have a great deal to think about. They may be looking to buy a house together, start a family, or even open a business. Whatever life holds for you and your spouse, it’s important that you don’t neglect creating an estate plan....

Every family needs sound estate planning to prepare for their future and preserve a legacy for the next generation. But for families with children from more than one relationship - known commonly as blended families - the need is even more acute. It is imperative that you retain skilled legal counsel...

Most individuals don’t give much thought to estate planning until they reach retirement or become ill. However, life can change in the blink of an eye. Without a valid will in place, you will have no say in how your estate assets will be distributed. This can lead to strife among your...

Estate planning includes preparing legal documents outlining what happens to a person’s property after their death. When preparing an estate plan, a person may focus on determining what to do with property, such as cash, vehicles, or jewelry. However, many people own assets that can present unique challenges during estate planning. Here’s...

Following the death of a loved one, you may be facing a number of challenges with settling their affairs. The probate process may be one of the most intimidating hurdles you’ll have to clear. This process involves thoroughly accounting for and valuing the decedent’s assets, settling debts with creditors, determining tax...

Divorce will bring major changes to your life. Many of these are obvious and may come in the form of child custody orders and alimony payments. However, spouses often overlook their estate plans and how the end of marriage may impact them. If your divorce has been finalized, then it’s time to...