When you finally start your estate planning efforts, you will most likely read and hear some terms you might not understand. You may think it does not matter if you do not know what these terms mean, but we believe everyone involved in estate planning should be well...
Estate planning is important for preventing probate and helping a person express their wishes following their death. Estate planning allows them to determine how they want to pass down their assets and to give instructions to those they love. Not all people have...
No one will ever be as fully dependent on you as your companion animals or pets. Young children obviously need the support and protection of parents, but they will mature out of that need and move on to live independent lives eventually. Your pet will never be able...
Cryptocurrencies like Bitcoin or Dogecoin are popular as an investment opportunity. Generally, it is a secure way to pay for goods or services, and companies are increasingly accepting cryptocurrency as a form of payment. If you already own or want to invest in...
Legacy planning is about more than passing on an inheritance to your loved ones. With legacy planning, you can share your views in about many aspects of life and help future generations of your family learn from your experiences. Estate planning and legacy planning...
It is the natural order of life that parents predecease their children. But if you are a parent with one or more of your children intellectually or physically disabled and dependent on others for their basic needs to be met, you dread the future for them once you are...
People's closest relationships are frequently the ones that hurt and disappoint them the most. You may have tried to be a good parent and to give your child every opportunity in life, only to have them grow into an entitled adult who resents you for their own...
Many people think that a life insurance policy will help their loved ones. While this is true, many people don’t realize that they need to pay attention to how much the policy is worth. Some people don’t realize that the proceeds from life insurance policies are...
Many adults don’t want to have to sit down to create their estate plan, but they might do it just so they can have everything in order when they pass away. What they might not realize is that they’ll have to review the plan periodically. Even if you don’t have any...
When you create a power of attorney, you pick an agent who is authorized to make decisions if you cannot do so. This is typically done with a financial or legal power of attorney and a medical power of attorney. The former does things like paying taxes or accessing...
