Not a DIY Job: Why You Need an Attorney to Write a Will
This is not a DIY job. Here’s why you need an attorney to write a will. About 60% of Americans do not have a will or a living trust. Granted, thinking and planning for the end of life is not something anyone would be enthusiastic about. So, while most people know they should, they wait until…
Five Common Questions About Estate Planning
Here are five of the most common estate planning questions. While estate planning is not the most exciting thing to think about, it is necessary to make sure your children and family members are taken care of and your assets get distributed according to your wishes. Do not get overwhelmed by the estate planning process….
Estate Planning Tips for Parents
In the excitement of having a baby, we often forget to plan for the unexpected. Luckily for you, we have four estate planning tips for parents to help you do precisely that. Appoint a Power of Attorney When there is a newborn on the scene, it is essential you and your partner execute a power of…
What Is a Durable Power of Attorney?
What is a durable power of attorney? A Power of Attorney designation gives someone the right to make decisions on your behalf in a number of different matters. A Durable Power of Attorney allows for that decision-making to continue, for the designated medical and financial issues that it covers after you become incapacitated or are mentally unable…
How Do I Go About Setting Up a Trust?
How do you go about setting up a trust? People often think a trust is set up only by rich people, but that is not the case. Many people set up trusts, and the reasons are varied. While some people set up revocable trusts to help with taxes, the majority of trusts are set up…
What Are the Duties of a Guardian?
A guardian is appointed by you or a judge to make sure your children are adequately cared for if you pass away or no longer can perform your duties. In essence, it is up to them to provide the child with the same necessities and privileges that they would expect to receive if you were…
What Is The Difference Between Each Power of Attorney
A power of attorney is a document that gives someone else the authority to take care of decisions or transactions that you would typically take care of yourself. These documents usually are meant to go into effect should the person who initiated them become incapacitated due to illness or incapacity; often due to age. Each…
Where Should You Store Your Estate Planning Forms?
Where should you store your estate planning forms? You have taken the time to make sure all your estate papers are filled out carefully. You have left nothing out, and nobody is forgotten, right down to your pet birds. You have a safe deposit box at the bank that you have done business with for…
Estate Planning After a Divorce: Parenting Plans, Guardianships and More
Why do estate planning after a divorce? You will want to readdress items that are needed; now though in reference to new parenting plans and other accommodations of the divorce. In addition, you will need to know what is going to happen to your children should one or both of you become unable to care…
Do I Need a Guardianship Attorney?
Do you need a guardianship attorney? Choosing someone to whom you should grant guardianship of your minor children in the event you are no longer able to care for them is a difficult idea to wrestle with. First things, first, it is not even clear what we mean by not able to take care of…