A power of attorney enables someone to deal with aspects of your life such as finances or health care planning. A durable power of attorney often becomes effective when you become incapacitated because of an accident or illness. Keeping a…
You should start thinking about estate planning as soon as you have assets or dependents that you want to protect and ensure are distributed according to your wishes after your passing. While there isn’t a specific age at which…
You must know that planning your estate at the right time is very crucial, irrespective of the asset size. But having a clear plan for your estate will not serve the purpose. So you need to have a proper…
We must first understand what a Medical Power of Attorney (MPA) and a Living Will are. A Living Will is a statement that lists what you want and don’t want if you become incapacitated in the future. This…
Transferring Assets to Trust: Steps on Moving Assets Into Trust Trusts have become increasingly popular these days. It’s mainly because they are the most effective way to transfer all the assets without going through the probate court. They are…
We all know, there are two types of trusts: Irrevocable and Revocable. People prefer Revocable Trust because it can be modified by the Grantor anywhere and anytime. Revocable Trusts are used to ensure that a Probate Process case is not…
Many people believe that they can create an estate plan on their own. However, working with an experienced estate planning lawyer can help you avoid mistakes that can haunt your family down the road. All estate planning documents should…
Legal Asset Protection: Steps To Transfer Assets Into Trust Trusts have become increasingly popular these days. It’s mainly because they are the most effective way to transfer all the assets without going through the probate court. They are pretty simple…
Planning for the end of our lives can be a grim task, but most of us want to take care of our families after we are gone. When you make preparations and plans regarding what happens to your possessions and…
Estate planning is more than just drafting a will. In the planning process, accounting for all assets and ensuring that the transfer is smooth to your loved ones are the two most important things. While implementing the plan, you have…
