Estate planning helps ensure that you and your loved ones will be protected no matter what the future holds. In our blog, we discuss the elements of an estate plan, how an estate plan prepares for possible illness or incapacity, what you can do to leave a lasting legacy for your loved ones, and much more. For answers to questions about your specific estate planning needs, please contact our office to request a free initial consultation.
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Estate Planning for Unmarried CouplesFor estate planning purposes, a comprehensive living together agreement includes all assets and property owned before the relationship.
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How a Letter of Instruction or Intent is Essential in Estate PlanningLetters of instruction are highly individualized, and what you include is completely up to you. There is no single piece of information that must be included.
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Helpful Guide to Settling an EstateImmediately upon someone’s death, it is necessary to acquire a legal pronouncement of the death from either the decedent’s hospital, nursing facility, or hospice care in the home.
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How Your Current Financial Decisions Impact Your RetirementIf the thought of saving over one million dollars seems incredibly daunting, don’t worry. You are not alone.
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Why Having a Will is ImportantMany Americans feel they do not have enough assets to deem a will necessary, but unless you are destitute, you probably own a lot more than you think.
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The Percentage of Older Americans Without a Will Remain HighDying without a will can cause logistic problems, becoming financially and emotionally draining on the loved ones you have left behind.
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Aging Parents and Estate PlanningOnce you begin the conversation, move away from the pandemic as your introductory technique as you do not want to create a sense of panic or fear.
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What's So Important About a Living Will?So why is a living will important? It reduces ambiguity which can prevent family disputes during what is already a difficult time.
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Here's How to Avoid Common Beneficiary MistakesExisting policies for life insurance, IRA, or an old 401(k) may still list your ex-spouse as the beneficiary.
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Talking to Your Parents About Estate PlanningThe first time our estate plans are likely to come into play will be near the end of our lives and involve decisions concerning our health and finances.
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Uncertainty Surrounding the Outcome of US Tax Legislation ProposalsCreating a strategic estate plan will take time and a great estate planning attorney who understands you, your business interests, and your family relationships.
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Probate is the legal process for authenticating a deceased person's will.In the absence of a will, the court will appoint a state administrator to handle probate. Probate law varies by state, but there are steps in the process that are common.