If you have an estate plan in place you are better prepared than over half of all Americans, according to the most recent surveys. For that plan to continue to protect you and your loved ones as intended, however, it needs to be updated from time to time. Knowing how often to review your estate […]
Both the tools and concepts used in estate planning are unfamiliar to the average person. This often makes the idea of creating an estate plan an intimidating prospect. I find that the more people learn about the estate planning process, the more willing they are to get started on their own plan. An estate planning […]
Powers of Attorney are part of even the simplest estate plan. A Power of Attorney allows your Agent to act for you. There are Powers of Attorney for financial matters and also those for health care. This article concerns the Healthcare Powers of Attorney and Advance Directives.
This is the second in a three-part series of articles on Powers of Attorney. The first article examined the Financial Power of Attorney. This second article examines the Healthcare Power of Attorney and Advance Directive.
Powers of Attorney are part of even the simplest estate plan. A Power of Attorney allows your Agent to act for you. There are Powers of Attorney for financial matters and also those for health care.
The novel coronavirus, COVID-19, is spreading in the United States and across the globe. Social distancing and self-quarantine can help slow the spread. The virus is a particular threat to residents of nursing homes. Read on to learn more about the threat and how you can keep your loved ones safe.
If you are the parent of minor children, they are undoubtedly your primary motivation for creating a successful estate plan. As such, your estate plan should be tailored to provide for your children. An estate planning attorney at Nash Bean Ford & Brown, LLP explains how estate planning for parents with minor children begins by […]
For a trust beneficiary, the receipt of a “Crummy notice” can be confusing. Having never before received a Crummey notice, a beneficiary is typically unsure what to do next. Most beneficiaries assume there is some reason important reason behind the notice. To prepare you for receipt of a Crummey notice, an estate planning attorney at […]
When you create, or update, your estate plan, it is important to take into account the impact federal (and state) gift and estate taxes could have on your estate. Failing to anticipate your estate’s tax obligation, and plan to limit that obligation, could result in your loved one’s receiving a significantly less valuable estate than […]
It would be a gross understatement to say that we have all become dependent on electronics. In fact, almost everything we do now has an electronic component to it. How much of your life is now stored electronically? How many daily tasks do you accomplish electronically? What you may not have considered is how technology […]