According to a recent survey during the pandemic1 , younger Americans (age 19-34) were more likely to have a Will than their older counterparts (age 35-54) to protect themselves and their loved ones from otherwise uncontrollable risks. Despite estate planning being for everyone, 2 out of…
Divorce can be one of the most stressful life experiences for many obvious reasons. Once the proceeding is completed and a Judgment for Dissolution has been entered ending the legal relationship, take the time to process what just transpired and…
If you become too ill to speak for yourself, advance directives can tell what kind of medical decisions you would prefer and even appoint someone to speak and act on your behalf. Advance directives let you make decisions now for…
An Estate Plan is a compilation of legal documents that will turn critical in the case you become incapacitated or pass away. Creating an Estate Plan is usually low on a to-do list, because no one likes to think of…
Do you have an estate plan? We have mentioned in previous articles that estate plans are not just for the wealthy. There are benefits to establishing an estate plan whether you have a family or modest or complicated assets. Even…
If you own a business, you likely know the extensive planning that is involved in operations to ensure the organization is successful. Similar to the time and attention that is devoted to running a successful business, it should come as…
We have now concluded the third week of the new year. You have probably made a list of resolutions focusing on various ways to improve your outlook in 2019. As the holiday season fades away and we get back to…
The concept of “funding” a Trust involves transferring assets to the ownership of the trust. These assets include real property, financial accounts and other types of property. Fully funding a Trust ensures that you and your beneficiaries receive the most…
Probate is the court process of administering an estate after the death of an individual. An estate is deemed everything a person owns, but in this context, it refers to either individually owned or trust owned property. The Probate process…
It is beyond debate that estate planning is a time and money investment that provides inestimable financial benefits for all families regardless of whether there are children or an array of financial assets. Creation of an estate plan is the…