If you are injured in an accident or you suffer from a potentially terminal illness, you may be thinking about how you would be able to transmit your wishes about your health care should you become incapacitated. You can put your desires in a legally binding document called a living will. This document, shared with […]
Everyone’s personal and financial estate plan is different. That is what makes the entire process so challenging, demanding, and even stressful. Thankfully, this sometimes-unpleasant task can be a lot easier if you have the help of an experienced and knowledgeable attorney.
These three steps can help you get the process started, and your estate planning lawyer […]
Medical directives or advance directives are documents that plan for your health care in the event that you are are mentally or physically incapacitated and cannot do it yourself. You must be suffering from a terminal condition for them to take effect. Because you have the right to determine end-of-life directives for yourself, you may […]
It’s never too early to start gathering an estate plan. Even young adults that do not have many assets should begin working with an estate lawyer to begin the process of drafting an estate plan, especially if they have children. Many people think that death is so far off that they don’t plan. However, anything […]
When creating your estate documents, you need to determine which documents best fit your situation. Wills, trusts, living wills and powers of attorney could save you money and will help your heirs save money if you become incapacitated or when you die.
Will vs. Trust
Both documents are used to give your assets to those of your […]
When it comes time to put wealth and property into a legally binding will, some things are easier than others. You generally leave cash, physical assets and life insurance to help meet the financial needs of a spouse and children. But a business with many moving parts can be more complicated. Not every heir has […]
The federal estate tax is a tax that is levied on property that is transferred from one person to an heir following their death. This property can include cash, real estate, stock, and other assets. However, the tax is only levied on the wealthiest of estates because the only part of an estate that is […]
Creating an estate plan is an important part of protecting the future of your family. It allows you a say in how your assets are to be distributed following your death. A state distribution of your assets, which occurs if you haven’t created an estate plan, doesn’t offer the same tax advantages that you can […]
One of the most important factors in protecting your family upon your death is creating an estate plan. By forming an estate plan, you will be able to decide how your estate is divided upon your death or should you become incapacitated. But what exactly is an estate plan and when is the appropriate time […]
Preparing an estate plan ensures that your assets will go to those you want to receive them after your death. There are two types of documents that are essential to estate plans you can create that will complete this task; a living trust and a will. While serving the same main purpose of naming beneficiaries […]