A conservatorship is created to let one person manage another’s finances. The conservator is court- appointed and may be responsible for financial decisions, such as retirement planning, the purchase or sale of property and the transfer of other financial...
Deciding who to name as your “agent” (also known as an “attorney-in-fact”) under a power of attorney is not an easy decision. However, it is a necessary appointment, as discussed in this article – “Ways to protect yourself when appointing...
You should get the basic estate planning documents in order and revisit them regularly. Everyone should have a last will and testament, but it’s only one of several significant estate planning documents in a comprehensive plan. US News’ recent article entitled...
Make sure that you review your estate plan at least once every two or three years to be certain all information is accurate and up to date. It’s even more necessary if you experienced a significant change, such as marriage, divorce, a move, or a new child or...
The increase of people investing in digital assets has not been matched by an increase in the number of people preparing to pass on these assets, which can be of considerable value. This new class of assets requires a new kind of estate planning, according to the...
Without an estate plan can, business owners and entrepreneurs put themselves in serious jeopardy. Proper planning will address difficulties businesses can have in keeping the business running if the founder is unable to continue in the business for any reason, and...
Trusts and wills have important differences in how your assets are distributed and controlled after your death. Family trusts and wills are both worthwhile estate planning tools that can make sure your assets are protected and will pass to heirs the way you intended,...
Proper estate planning can help ensure that your wishes are carried out exactly as intended in the event of a death or a serious illness, says Insurance Net News’ recent article entitled “What Same-Sex Partners Need to Know About Estate Planning.” Having a clearly...
Just because you don’t have children or heirs doesn’t mean you should not write a will. If you decide to have children later on, a will can help protect their financial future. However, even if you die with no children, a will can help you ensure that your assets will...
Cryptocurrency is a digital currency that can be used to buy online goods and services, explains Forbes’ recent article entitled “Cryptocurrency And Estate Planning: What Digital Investors Should Know.” Part of cryptocurrency’s appeal is the technology that backs it....