What is a Revocable Living Trust? A Revocable Living Trust is a written agreement which creates a trust and contains provisions for the management and distribution of your property. The agreement gives you the power to … [Read more...] about ESTATE PLANNING WITH A REVOCABLE LIVING TRUST
By: Terry Bennett When most people consider estate planning, they usually think about what will happen after their death. Unfortunately, many underestimate the need to prepare for their risk of disability. While a will does not take effect until death, a General Durable Power of Attorney protects … [Read more...] about Preparing for the Risk of Disability
For most couples, the first months of marriage are some of the most exciting months of life. These months seem like the least appropriate time to discuss “gloomy” subjects like the possibility of future sickness or death. While it may not be the most comfortable subject for newlyweds to discuss, the … [Read more...] about Estate Planning for Newlyweds
By: Dustin Humphrey Preparing for the future is something we know we need to do but always put off until “tomorrow.” After all, thinking about how you should be prepared for life’s inevitable headaches is not a pleasant task, especially when it means you have to plan for unfortunate circumstances … [Read more...] about Does a Bank Have to Accept my Power of Attorney?
By: Mike Pike Not long ago I met with an elderly client who wants to do some long term care planning as her husband is ill and might have to spend time in a nursing home. Unfortunately, she and her husband have waited a little too late to maximize their planning options. We can help them, but … [Read more...] about Planning Ahead for your Loved Ones
By: Dustin Humphrey Not long ago, I had an older woman walk into my office to inquire about a power of attorney. Her husband had recently passed and she was wondering if her son could help her if she needed it. I asked if she had any estate planning documents, and she responded, “Oh, yes,” and … [Read more...] about Why You Should Get a Second Opinion on Your Estate Plan
By: Terry Bennett In a number of estates we sadly see where a loved one, who is usually a child, has been given a Power of Attorney and has depleted the probate estate through transfers to themselves. This is seems to often happen to physically incapacitated persons. What does the law have to say … [Read more...] about Depletion of Mother’s Account
By: Terry Bennett When most people consider estate planning, they usually think about what will happen after their death. Unfortunately, many underestimate the need to prepare for their risk of disability. While a will does not take effect until death, a General Durable Power of Attorney protects … [Read more...] about Preparing for the Risk of Disability
