Estate planning is not just for affluent individuals. While good estate planning can lead to desirable financial outcomes under the right circumstances, estate planning in its most basic form involves implementing the legal steps and directives that are necessary to ensure that your health and your assets are managed properly in the event of incapacity and death.
No one enters a relationship — be it personal or business — thinking it will fail. However, what happens when it does?
These days it’s easy to feel overwhelmed by many things such as politics, gas prices, the gyrating stock market, summer travel, heatwaves and your health. One thing that shouldn’t overwhelm you is estate planning.
There’s always plenty of time to get your affairs in order, until you get run over by a cement truck.
A special needs trust is a popular strategy for those who want to help someone in need without risking that the person will lose their eligibility for programs that require their income or assets to remain below a certain limit.
Here are four types of estate situations that could call for professional legal help.
Establishing an estate plan is extremely important. As life changes, it is necessary to update your plan to fit new circumstances.
Of all of the essential estate planning documents, the durable general power of attorney is usually the document that is needed first.
The primary advantage of naming TOD beneficiaries for your accounts is that it can make the inheritance process much simpler, faster and less expensive.
Of course, just because you have a living trust doesn’t mean you’re all set. Here are a few of the most common mistakes people make with their living trusts.
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