A Successor trustee steps in for you in the event of incapacity and when you die. Since they have a lot of responsibility, they should be chosen carefully. This post explains how to choose a successor trustee. READ MORE
Posts Categorized: Trusts
Estate Planning: 3 Reasons We Run the Other Way
While it is easy to run the other way when it comes to your estate planning, the process to complete your estate plan is not that bad and you will find the peace of mind of the plan will outweigh any objections to get started. READ MORE
Money Isn’t Everything in Estate Planning
Money may be the most talked about wealth contained within a person’s estate, but the riches of their experience and wisdom can mean even more to family members down the line. READ MORE
How to Build Freedom From Court Interference Into Your Life Planning
Deciding on a Power of Attorney and having a fully funded Revocable Living Trust are just two of the many steps we can take together to keep your affairs free from court interference at incapacity and at death. With a solid estate plan prepared by a Trusted Advisor you can take comfort knowing that everything you’ve worked so hard to build and maintain will be passed along to only the people who matter most. READ MORE
Embrace the Emotional Side of Estate Planning
When you hear the phrase “estate plan,” you might first think about paperwork. Or you may focus on some of the uncomfortable topics that estate planning entails: end-of-life decisions, incapacity, and your family’s legacy from generation to generation. Those subjects hit home for everyone. But while that could feel like a reason to avoid estate READ MORE
Not Just Death and Taxes: 4 Essential Legal Documents You Need for Incapacity Planning
Comprehensive estate planning is more than your legacy after death, avoiding probate, and saving on taxes, it must contain incapacity planning. A proper estate plan includes a plan in place to manage your affairs if you become incapacitated during your life and can no longer make decisions for yourself. What happens without an incapacity plan? READ MORE
Estate Planning for Women
While everyone is in need of estate planning, women especially need to understand estate planning and have their own plan in place. The following describes why having a estate planning portfolio, which includes a Trust, Will, Durable Power of Attorney and healthcare documentation is so important for women: Incapacity. On average women live longer than READ MORE
An additional Two More Estate Planning Mistakes to Avoid
In the last two posts, we discussed why having a complete, up-to-date estate plan is so important by addressing four common estate planning mistakes – not having a plan, not naming guardians for minor children, relying on joint ownership and not having a plan for incapacity. If you haven’t read the previous post, click here. READ MORE
Estate Planning Mistakes to Avoid
From time to time, it’s good to review why having a complete, up-to-date estate plan is so important. In addition to confirming our own actions, it can provide us with valuable information to pass along to friends and family who need estate planning. Here we discuss two common mistakes: Not having a plan. Every state READ MORE
Common Estate Planning Myths . . . Debunked
Estate planning. You’ve heard the phrase, but do you know what it is? You probably have it on your list of things you should do, but you may not think it’s a priority. . . perhaps because of some of the following common estate planning myths and misconceptions. Myth #1 – Estate planning is only READ MORE
Estate Planning Today Must Include Digital Assets and Social Media
It wasn’t very long ago that we had only paper for financial and tax records. We could simply point to a file cabinet or drawer and tell someone, “Everything is in there when the time comes.” But now we have computers and the internet, and so much of our lives is online. Unless we include READ MORE
Top 10 Reasons for Estate Planning
Top 10 Reasons to complete your Estate Planning NOW READ MORE
The Disadvantages of Online and Do-It-Yourself (DIY) Estate Planning
With the number of online and do-it-yourself (DIY) legal providers continuing to grow, some of individuals may be wondering if they could do their estate planning themselves. Most professionals know that DIY estate planning can be very dangerous. While completing the forms may seem easy and straightforward, a single mistake or omission can have far reaching complications that only come to light after the person has died. READ MORE
8 Estate Planning Things to Do before you Travel
Before any trip, most of us create a “to-do list” of things we have put off and want to take care of before we leave. Here is a checklist of estate planning things to do before you take your next trip. Taking care of these will help you travel with peace of mind, knowing that if you don’t return due to serious illness or death, you have made things much easier for those you love. READ MORE