Make sure that your family members have proper medical powers of attorney and advance directives in place. These documents contain their wishes about how they would like their medical care to be handled if they are not able to make decisions for themselves.
Category Archives: Estate Attorney
If you are planning to speak to your parents about the need for an estate plan, it is important to try to include any siblings in the discussion to avoid giving the impression that you are trying to influence or control your parents’ choices.
Last week, we began a two-part series about designating beneficiaries for your life insurance policy. Click here to read that post. Here is part 2. Protection against your creditors.
Don’t Procrastinate: Talk with Your Family and Your Estate Planning Attorney Today There’s no perfect time to broach the subject of estate planning with your family. We all know that everyone passes away eventually, but many of us often want to conveniently forget that reality. You face a decision. Take the initiative to start a family […]
The loss of a loved one presents unexpected challenges. You might feel overwhelmed if you lose a beloved relative or friend. And the process of handling their affairs only adds to the stress. Many families eagerly try to tie up loose ends and distribute assets. But in many cases, they end up facing either formal […]
Just like other important life tasks, your estate plan deserves your time and attention. It’s important that you work with us to review your estate plan at least once a year. Think of this as your estate plan’s annual physical exam, and remember—prevention is the best cure. An annual exam isn’t necessarily the only time […]
Did you plan your vacation itinerary? Booked plane tickets? Reserved a room? Tossed sunblock and a beach novel into your suitcase? After settling your travel plans, before heading out the door, consider whether your estate plan is up to date. Don’t leave before ensuring the financial health and the future of your loved ones remains […]
People mistakenly believe that asset protection only matters for wealthy families or professionals in high-risk occupations. But this is not the case. Anyone can be sued as a result of a car accident, foreclosure, unpaid medical bills, or tenant injury. A monetary judgment against you could decimate your finances. What Is Asset Protection Planning? Asset […]
Most families get together for the holidays, share laughs, and tell stories. Everyone gets along and enjoys each other’s company. Then, the matriarch or patriarch dies. Suddenly, years of pent-up resentment and hurt feelings bubble to the surface. And the once-happy family dynamic crumbles over the decedent’s estate. There goes estate-planning peace!
Putting together an estate plan? If so, consult with an attorney who is knowledgeable and experienced in this area of law. Your initial estate planning meeting will allow you the chance to discuss your family’s financial situation and cover concerns and goals. Preparing ahead of time for this meeting will smooth the way for you […]