As a precautionary measure, you should make provisions in case you become incapacitated and require someone to manage your affairs when you become incapacitated. These legal documents can grant broad authority to one or more power of attorney agents to…
Guardianship most commonly implies that a minor child is under the care of an adult relative or friend. However, you can employ the process to obtain legal rights over elderly or aging adults, usually, parents, who are losing their physical…
When your parents are older, you need to talk to them about their finances. To broach the topic, you might bring up current events like the coronavirus pandemic, its effect on economic conditions, and how it relates to the security…
Especially after a big life change such as a birth, marriage, divorce, or moving to a new state, you should check your estate planning documents regularly. Children grow up, marriages dissolve, property gets sold, and residences change. That’s why we…
A Power of Attorney (POA) document should be part of your estate planning process. All states recognize powers of attorney, but rules and requirements will differ from state to state. The document gives one or more individuals the legal authority…
It is difficult to think about anything beyond your grief after losing a spouse or long-time partner. However, it is crucial to understand there are important and timely decisions you need to make regarding your finances and personal estate plan.…
We don't own much. Aren't we better off waiting until we have the money to plan? You shouldn’t. It is crucial to give legal authority to a person of your choice, to care for your children if anything should happen…
It is common for young adults to consider themselves too young to have an estate plan. Young adults in their twenties and thirties often think they don't own enough to constitute an estate. However, an estate is the total of…
At some point in time, you are likely to be asked to be power of attorney for an elderly or ill loved one. Your person may be planning for when they might become unable to take care of their affairs.…