You can designate a trusted individual to act on your behalf by granting him or her power of attorney. They could be related to personal finances, business operations, or medical needs and used for a single immediate purpose or an…
Minor and adult children alike may not agree on family circumstances, especially regarding the inheritance of your estate. Relationships can change and intensify when you die, with underlying issues that bubble to the surface, creating tensions over your estate and…
In 2021, Pew Research Center conducted a survey that revealed 23% of Americans are categorized as “sandwich generation.” As the senior population grows and younger adults are struggling to gain financial independence, many adults are finding themselves “sandwiched” between their…
You’re ahead of the curve if you’ve already created a will to protect your assets and beneficiaries since roughly half of all Americans don’t have one. While a will is a necessary document that every person who owns assets should have,…
It is difficult to consider more than just your grief after losing a spouse or a long-term partner, but you need to understand that important and timely decisions need to be made regarding your finances and personal estate plans. In truth,…
You may be wondering what will happen to your inheritance if your beneficiary is no longer alive, for example, if Jim dies before you, would his children inherit the property? The answer is, only if your will explicitly states as much.…
The number of people suffering from substance abuse, living on the streets, or suffering from a mental disability is on the rise. Many families want to assist family members struggling like that, but families are unsure how to offer that assistance,…
As their executor or personal representative, someone chose you because they believed you would be trustworthy to manage their assets and affairs after their passing. Even though the decedent nominated you to be their executor, you will still need to…
A person spends half of his or her adult life trying to achieve financial security, and the other half trying to maintain it. This adage is why many people spend substantial time and effort maximizing their legacy goals in their estate…
When divorce occurs (especially if there are children involved), it can be emotionally difficult and financially challenging. Rarely is the division of assets an amicable process. While your estate plan may be the furthest thing from your mind during a…