There are many ways you can use estate planning to protect your children, now and in the future. You can set up a trust fund to protect their inheritance, or name a guardian in your will. You can also use a parental power of attorney...
Have you discussed your medical preferences with your loved ones? It’s important to have those wishes in writing to ensure you get the best possible care just in case you can’t communicate them yourself. However, when it comes to getting their estate planning documents in...
There is an important role to consider as you grow older and set your finances in order for the future. Should you ever become incapacitated, someone will need to step into your shoes and act as your durable power of attorney. Preparing ahead of time...
Living Trusts involve making wise decisions in order to protect your financial future. Good Living Trusts successfully designate who inherits your estate after you’ve passed away and when the finances are distributed. A good plan also protects your hard-earned finances and assets from loss and...
Preparing for the future is an important part of life. An Individual Retirement Account (IRA) is one very common financial investment that includes tax benefits to help people save for their golden years and pass on an inheritance to successive generations. But if plans haven't been...
Every family needs estate planning, no matter which tax bracket they fall into. Parents in particular need to take steps like naming a guardian, writing a will, and providing for the future. You don't have to be rich to do things like set up a...
Create a Living Will Your End of Life Care Decisions Should Not be a Guessing Game A Living Will is an essential piece of your estate plan because it spells out your end-of-life medical decisions. A Living Will allows your family and physicians to rest assured...
In a recent blog post, we discussed the importance of naming a financial durable power of attorney to act on your behalf in the decision-making process. That person is given legal authority to carry out any financial directives in your stead, should you become incapacitated...
During times of national crisis when lives are hanging in the balance, it is important to talk about things relating to incapacitation, end-of-life issues, and death. We know it can be a fearful and painful discussion to have, but it is better to have it...
When you put your assets into a Living Trust, you know that you, as the grantor, maintain full and complete control. You are also the Trustee. As a result, you get to decide what happens with those assets. And because you are the lifetime beneficiary,...
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