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…
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…
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…
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…
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…
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…
You have likely created an estate plan for yourself, but have you ever thought about creating health care directives for your college bound child? The story below outlines a scenario where these documents are beneficial and necessary. Ashley’s Story Ashley…
The legal process of divorce can be overwhelming emotionally, especially as it relates to the financial disruption that occurs with the divorce process. Each divorcing person has an interest in protecting their financial future-not just the near term, but also…