Tag Archives: estate planning
Don’t risk making these 11 costly estate planning mistakes!
Unfortunately, estate planning is often viewed as a “luxury” that is only necessary for the wealthy. In reality, a properly executed estate plan is an important financial document that everyone should have, regardless of how many assets they have to their name. That being said, even if you do have an estate plan, it’s… Read More »
4 Common Power of Attorney Myths
A durable power of attorney is one of the most important estate planning documents you can have. It allows someone who you appoint (your agent) to make non-medical decisions on your behalf in the event you become incapacitated. If you have not appointed an agent then your friends and family may not have the… Read More »
Your Fall Legal Affairs Checklist
Now that Labor Day, the unofficial end of summer, has come and gone and the summer of 2018 is in your rear-view mirror, it’s an excellent time to review the state of your affairs. To help you do so, below is a legal affairs checklist to ensure your planning is up-to- date and meets… Read More »
3 Tips for Talking About End-of-Life Planning
No one wants to discuss death and dying. And yet, it’s a critical time in everyone’s life and one for which we know we need to prepare. While many people have the desire to share their wishes, something is preventing people from openly communicating with their families when it comes to end-of-life planning. As… Read More »
2 Basic Estate Planning Documents Every College Student Should Have
If you are preparing to send your son or daughter off to college to pursue higher education, you may be wondering how their first semester of school will go. During this exciting new chapter in your family’s life, the last thing you may be thinking about is estate planning for your college-aged child. While… Read More »
The Hidden Risks of Do-It-Yourself Estate Planning
With automation an artificial intelligence (AI) disrupting every sector of the economy, it is not surprising that the legal profession is feeling the impact as well. Today, there are many software programs, as well as websites, that sell do-it-yourself estate planning documents. These websites and form tools seem to offer a convenient and cost-effective… Read More »
I’m Not Married. Do I Still Need an Estate Plan?
Approximately half of America’s population over the age of 16 is unmarried. While much of the discussion involving estate planning focuses on married couples, this topic is just as important for a single person. In fact, many times estate planning for singles and unmarried couples may be even more important than for their married… Read More »
Is Estate Planning Still Necessary With the Trump Tax Cuts?
Now that Tax Day 2018 is in the rear-view mirror for many Americans, a question many of them will have to reckon with moving forward, is estate planning still necessary with the Trump Tax Cuts? The Tax Cut and Jobs Act was signed into law by President Trump in 2017. The new tax law… Read More »
Alzheimer’s Disease 101: What You Need to Know to Be Prepared
(Updated November 2021) November is Alzheimer’s Disease Awareness Month. In 1983, then-President Ronald Reagan made November the designated month for National Alzheimer’s Disease Awareness Month. Then fewer than 2 million Americans were diagnosed with this devastating illness that then and now destroys the lives of the people diagnosed with Alzheimer’s and the families who… Read More »
Why Your Estate Planner Needs to Know If You’ve Lent Money to Family
According to data from the U.S. Census Bureau, millennials have surpass the baby boomers to officially become the largest generation in the United States. Millennials age range from 18-35 years-old and they are poised to be the engine that drives the U.S. economy in the near future. With that said, many millennials are skipping… Read More »
