Many people are feeling the day to day impacts of significant inflation and it's important to look ahead for any way you can possibly minimize these impacts in the future. You may be relying on your retirement for 20 or 30 years or longer, so having strat ...
Do Real Estate Assets Go Through Probate?
If you own any kind of real estate, including a home, you should include these in your will because there is a high chance they will pass through probate. There are some options for keeping real estate outside of your probated estate, such as transfer on ...
When Does A Power Of Attorney Become Effective?
In many cases, creating a power of attorney can help you to appoint someone known as an agent to act on your behalf if and when you are unable to do so. The power of attorney typically becomes effective at a future date usually at the time that a person s ...
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. Y ...
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 ...
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 problemati ...
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 ...
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 m ...
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 t ...
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 mi ...