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As a parent, you're constantly concerned about the well-being of your children, no matter their age. Naturally, you want to provide for them and ensure their success long after you're gone. You also want to make sure that your wishes for their care are respected and...
If you’re a current or retired member of the military who’s preparing to put your estate plan in place, you may be wondering if there are things you need to do differently than a civilian would. Estate planning is typically the same process for service members as for...
If you’ve started doing some research about estate planning, you’re likely to see a lot of terminology with which you’re unfamiliar or that’s somewhat confusing. Two terms that people often use interchangeably but mean two different things are “heirs” and...
There are multiple steps involved in establishing a trust. If you plan to include this option in your estate plan, consider assessing your situation first. You may face significant decisions concerning the trust, such as who can be your trustee. Some might already...
One of the more common reasons that people create a trust when estate planning is to protect their assets. They don't want creditors to bring a lawsuit against them when they age and must live on a fixed income. They may also worry about claims during the probate...
Powers of attorney are among the most valuable documents that people can add to their estate plans. However, many people are averse to their creation. They worry that someone will abuse the authority that they delegate in their documents. Most people who draft powers...
Losing a loved one is a very difficult experience. Many people experience depression that manifests as inertia after a great loss. They may have a difficult time handling daily life, to say nothing of the unique challenges that come with estate administration. Some...
It is quite common for people to assume that their estate planning documents are valid and will protect them for the rest of their lives. They draft documents once and then set them aside, never to revisit them. These people may have failed to consider how their...