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Choosing the right person for a power of attorney
When you choose someone to be your power of attorney, whether you’re considering a medical situation or the need to carry out financial processes, you need to make sure you have the right person. This may be a family member…
3 reasons why people may choose to put off estate planning
Frequently, people neglect to consider what will happen in the event of their death. Often, this is due to a perceived morbidity over estate planning. However, estate planning can actually have a positive emotional impact and could also offer security…
Revocable vs. irrevocable trusts: The differences
A trust is a legal arrangement whereby a third party holds your assets on behalf of one or more beneficiaries. Trusts can be established to transfer assets to heirs seamlessly. With the proper setup, a trust may also be beneficial…
Some tips on estate planning and avoiding probate
Those who have heard the term probate in estate planning know that it is advisable to avoid it. But why should you avoid probate? Is there a minimum amount of assets that trigger probate? With a will, is probate necessary?…
What is included in a pet trust?
If you’re like most people, you probably assume that when you pass away, a family member or friend will happily give your beloved pet a good home. Maybe they’ve even told you they would. Unfortunately, too many pets end up…
Do I need more than a simple will?
A will is the best-known estate planning document. If you are creating an estate plan for the first time, you may wonder if you need any more than this. The answer is that it depends. While there are advantages to…
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