The Many Benefits of a Trust
Trusts are not exclusive to the wealthy, anyone can benefit from setting up a trust. Do you want to keep your affairs private and stay out of probate court? Maybe you have stepchildren? Do you want to leave money to…
Factors to Consider When Including a Vacation Home in Your Estate Planning
A vacation home is a place where families enjoy their time together. Sharing time and creating memories is the hallmark of such properties, and often there is a desire to preserve the home's ownership within the family system for generations…
The Power of a Will
57% of American adults have not prepared a Last Will & Testament (a “Will”) according to Care.com’s estate planning survey. The survey found that participants were more likely or less likely to have a Will depending on issues such as…
Planning Your Legal End-of-Life Instructions
You have an estate plan and included in it is your living will with instructions for resuscitation. While your wishes in a living will may be appropriately documented, that does not guarantee the instructions will be carried out as you…
A Will Is a Vital Part of a Complete Estate Plan
If you already have a will, you are farther ahead than nearly 50% of all Americans. While a will is a necessary document that every person who owns assets should have, it is still a relatively simple document that may…
Incorporating Cryptocurrency in Your Estate Planning
According to Florida Today, 46 million Americans own the well-known crypto asset, Bitcoin and the number of people owning cryptocurrency is growing steadily. Bitcoin was created in January 2009 by Satoshi Nakamoto as a peer-to-peer electronic cash system. This digital…
The Importance of Estate Planning for the LGBTQIA+ Community
To protect our loved ones and our assets, estate planning is important to any individual regardless of orientation. In the LGBTQIA+ community, estate planning can legally protect against discrimination even if others are reluctant to recognize your relationship and your…
How Does a Special Needs Trust Work?
A trust is set up to manage a person’s assets and property, and this trust is overseen by an appointed person. The person or entity who manages the trust is known as the “trustee” and is entrusted with the responsibility…
Choose a Trustworthy Person to Act as Your Power of Attorney
While Michael was waiting for his home in Texas to close, he was vacationing with friends in Florida. Unfortunately, he took a bad fall and ended up in a Florida hospital. He had his Texas powers of attorney, but the…
Don’t Leave It up to Someone Else to Draw the Line
The Covid-19 pandemic has brought an important question to the forefront; how far would you want extreme life-prolonging measures to be tried? For us who are particularly vulnerable – seniors, those with compromised immune systems, those already struggling with medical…