When it comes to your estate plan, procrastination, outdated documents, forgetting end-of-life care, and tax implications can cost you (and your loved ones). If you think there’s always tomorrow to put together an estate plan, this could cost you and your loved ones in a big way. While many put off estate planning because they …
Including an Advance Medical Directive in your estate plan will ensure your loved ones enforce the medical care you do and do not want. Do your loved ones know what life-prolonging care you do or do not want in the event you are incapacitated and unable to communicate your wishes on your own? An estate …
Transferring ownership of property from parent to child can have tax implications. Here’s what you need to know when making your estate plan. Having assets to leave behind to your children when you are gone is one of the greatest feelings. Your home, where you likely made many lasting memories with those you love most, …
4 Ways to Gift Your Home to Your Children in Your Estate Plan Read More »
Jumping into estate planning can feel like information overload—learn the answer to 10 common questions regarding estate planning. If you are like most people, you know having your estate in order is essential, but it’s a task at the bottom of the list, probably below your dental appointment. We get it! No one wants to …
Top 10 Estate Planning FAQs Answered: What You Need to Know Read More »
Make life easier for your blended family by creating an estate plan that considers your new unique dynamics. Blended families bring together individuals from different backgrounds to create a new, dynamic, and loving unit. Celebrating and embracing each other’s unique qualities and working towards a stable and loving family environment is critical to a successful …
Blending Families, Blending Assets: Estate Planning Tips Read More »
Do you have a blended family? These five key life events including remarriage might mean it’s time to revisit your estate planning documents. Having another chance to fall in love is a gift worth celebrating. For many, remarriage after a divorce or the spouse’s death can be the start to a whole new chapter in …
Wills are not just for the elderly or wealthy; it’s a tool to protect everyday people. Learn about the structure of a will and why you need one. We hear it all the time–do I really need a will? The short answer is, yes, you need a will! We get it, this task is probably …
Plan Your Future Now: Understand the Importance of a Will Read More »
Learn about the five most common types of power of attorney, what rights are granted, limitations, and things to consider when setting up your POA. We all imagine ourselves living long and fulfilling lives, but life is not always predictable. While many of us hope for the best, we often forget to plan for the …
5 Types of Power of Attorney (POA): What You Should Know Read More »
Learn the advantages and disadvantages between a last will and testament and a revocable living trust and which one might be right for you. We are faced with options day in and day out. Some are simple: Would you like cream and sugar with your coffee? Others are more complex, like what type of estate …
Revocable Living Trust vs. Last Will and Testament Read More »
Avoid the costly and time-consuming probate process by using the Transfer-on-Death Designation Most people want to avoid probate court, and for good reason! Anyone responsible for being an Executor during the probate process knows how time-consuming, grueling, and expensive it can be. The good news is probate can be avoided with proper planning and using …
