Author Archives: Site Administrator
Beware Of Possibly Giving Your Power of Attorney to The Wrong Person
Installing someone in a role of trust and authority is an important part of estate planning, but if you give this power to the wrong person, it could cause numerous problems. Think carefully about who you want to install as your power of attorney agent. Your agent can make important decisions on your behalf,… Read More »
Got Crypto? You Need to Disclose It in Your Estate Plan
Today you probably own more accounts and assets than you think you do. With digital accounts and possibly even cryptocurrency, you might have greatly increased the complexity of your estate plan. This makes it important to work with a knowledgeable estate planning attorney. As non-currency blockchain tokens and cryptocurrencies become increasingly popular with people,… Read More »
These Two Reasons Are Not Sufficient to Avoid Estate Planning
When it comes to thinking about the process of sitting down and writing out your estate plan, many people put it off. There are plenty of different excuses, some of which might even seem reasonable and logical at the time. However, it can be problematic to put estate planning off too long, because you… Read More »
Six Ideas to Protect Your Finances this Year
Although New Year’s resolutions might have fallen by the wayside, having a great financial and estate plan is important all year round. Thinking about your health and long-term care security issues can prompt you to do the important work around protecting your individual interests and establishing a next step with your estate planning. The… Read More »
How To Evaluate Your Disability and Life Insurance Needs
The beginning of the New Year presents multiple opportunities to evaluate your current estate plan and your financial strategies. Significant changes have occurred for many people throughout the last two years at a global level in addition to those that might have affected your personal life, such as a marriage or a divorce. This… Read More »
What Does Contingent Beneficiary Mean on My Retirement Form?
You must designate individual beneficiaries for your retirement plans at the time you establish these accounts as well as on an ongoing basis if the needs of your life change. The easiest way to think about this is that your primary beneficiary might be the one person that you choose to receive assets from… Read More »
How Can I Decrease the Chances of Someone Challenging the Validity of My Will?
With estate planning, you may be able to include what is known as a no-contest clause to decrease someone’s incentives to challenge the contents of your will. Working directly with an estate planning attorney is one of the best ways to get the peace of mind provided with the estate planning process. If someone… Read More »
Should You Wait to Claim Social Security Benefits Until Age 70?
Finally reaching the magical age to claim your Social Security benefits can be exciting, particularly if your retirement plans have not reached the financial level of comfort you’d like to see in your later years. But there can be some benefits to waiting until later on to take your social security benefits, particularly if… Read More »
Why You Need to Review Your Executor Regularly
Creating an estate plan is a task that’s ongoing. You’ll need to make adjustments to your estate plan as your life circumstances change and as you decide you want different people involved in the important roles of managing your estate. One of those important roles is that of executor, or the person who will… Read More »
Is a Simple Will Enough?
A simple will is the most basic of estate planning documents which determines what happens to your belongings when you pass away. What belongings you own can have important implications for whether or not a simple will helps you to accomplish your estate planning goals. For example, if you own a lot of property… Read More »