As a precautionary measure, you should make provisions in case you become incapacitated and require someone to manage your affairs. These legal documents can grant broad authority to one or more power of attorney agents to transact business or make…
Wealth transfer can be protected from excessive taxation by applying tax avoidance principles. Still, it requires careful planning and oversight to ensure techniques don’t cross the line to tax evasion. Assessing tax options can determine the best way to conduct business, personal,…
Parents don't usually think about death, illness, or injury when they are young. As unlikely as such a serious event is, it is a possibility. This is why we pay for medical insurance, disability insurance, and life insurance. Even though…
We often hear this question. If you need a trust, read on to find out what kind suits your situation and whether you need one. For example, maybe you have a disabled child and you want a trust to permit…
An estate will details who will receive a deceased person's property and which person (called the executor) will be responsible for settling the estate after death. For many reasons, beneficiaries can feel slighted by what they did or didn’t receive,…
We can find it difficult to talk about death because it is such a heavy topic. Planning for it can seem even harder. But end-of-life planning is an important part of estate planning and a gift to your loved ones.…
A survey conducted by Care.com revealed that 57% of Americans do not have a Last Will and Testament (a "Will"). The survey found that participants were more likely or less likely to have a Will depending on issues such as…
In elder law, a certified elder law attorney (CELA) represents aging adults and their families in legal matters. Elder law encompasses a wide range of legal matters affecting an older or disabled person. Issues related to guardianship, retirement, health care…
The rivalry between siblings. In most families, it's unavoidable. Depending on your particular family members and the dynamic between them, old rivalries from the past can become more significant when a parent passes. Adult children who are emotionally upset and…
Intestate means your loved one died without a will. What happens then? According to your state’s intestacy laws, a probate court will oversee the distribution process of the decedent’s property. Also known as intestate succession, it has similarities to the…