You may be wondering who should be responsible for dispersing your assets as you begin your estate planning process or are just starting to consider how to proceed. A trust can be a great tool in your estate planning tool kit.…
In contrast to a last will and testament, a living will does not transfer assets after death. Instead, it is a mechanism to communicate to your family and doctors how you want medical care conducted when you aren't able. Your living…
Over the past thirty years, family structures have changed significantly. Previously, a traditional family consisted of a husband and wife who married young, bought a home, had children, and worked towards financial stability. In 1949, 79.8 percent of American households…
COVID-19 has raised awareness in the US about the importance of having a will, a living will, and possibly a living trust. Still, this knowledge is not translating into estate planning action. No matter your age or asset level, having…
In a will, you identify who will receive your assets and properties, addressing who will inherit them after your death. Your will names a personal representative (executor) who will carry out your directives. In addition to asset distribution, your executor makes…
A loved one's wellbeing is dependent on your advocacy in a nursing home. Long-term care facility residents are disproportionately affected by contagious diseases, including influenza, pneumonia, and COVID 19. According to the American Family Physician Journal, a flu outbreak in a…
Right now is a perfect time to take stock of your life and plan for the future of your health care. Americans continue responding to the ever-present threat of COVID-19 in its many iterations, and we are identifying that which…
Probate court is where the probate process takes place, most people are familiar with the fact that it takes place following someone's death. Unfortunately, fewer people know that it can be a long and complicated process. It can sometimes take…
Your home may be the most valuable asset you own, which is true for many people. You want your children to inherit that value when you pass. However, you are also concerned about planning for the future, declining health, and…
Trusts are known to all of us, often in reference to those who are beneficiaries of trust funds. Some may believe that only wealthy people have trusts, but they are common and useful tools when creating estate plans of all…