When it comes to your health care, especially during these uncertain times, you need to ensure that two estate planning documents are up to date. The first is your health care power of attorney. This document allows you to name a person to make medical decisions on...
It can be hard to get motivated about your estate planning. It sounds about as fun as getting a root canal. You also, however, probably want to make sure that your loved ones are protected and receive your hard-earned money and property – regardless of whether you...
The death of a loved one is one of the most difficult times in a person’s life. Nothing can truly prepare a person for such a loss. However, dealing with the financial stress of frozen bank accounts can exacerbate the stress. Without proper planning, your significant...
I want to leave my bank accounts to my children when I’m gone. Can’t I just make the children joint owners? I hear this all the time. That idea sounds better than it is. Yes, your kids would avoid court proceedings when you pass. But you might put yourself at risk at...
1) Lack of Health Care and Disability Planning. Most deaths occur in hospitals or other institutions. Patients may be incapacitated to the point where they can no longer communicate their health care wishes. During current times with COVID-19 this is a concern that is...
Most people think of probate (the process of collecting, managing, and distributing a deceased person’s money and property) as a private process. However, because wills are filed at the courthouse, probated estates become a matter of public record. That means your...
