7 Estate Planning Consideration In 2022
When Aretha Franklin died intestate in 2018 – without a will – she joined the long list of the likes of Picasso and Abraham Lincoln who didn’t own a will. Thus, their estate became ground for a fierce battle amongst the claimants for years. Though you might or might not own a million-dollar estate, estate […]
4 Tips For Estate Planning For Families With Children
As a parent, there isn’t anything that you wouldn’t do to safeguard your treasured children. From choosing their first toy to their college, you plan out everything. But have you ever considered Estate planning to ensure your child receives proper care even if you are not around anymore? Surprisingly, only 33% of Americans have an […]
What Is An Advance Healthcare Directive?
Usually, your doctor discusses healthcare options with you and chooses whatever is best for you. But what if you’re too ill to make your own decisions? What if the only means of survival is to avail of life support equipment? Whom would you trust to decide on your behalf? Is this person rational enough to […]
What Are The Two Types Of Advance Directives?
Young age may make us believe we will remain healthy forever. Some even believe that only the aged should plan for future medical care. What if an accident were to leave you incapacitated? What if you succumb to a fatal illness? What kind of medical treatments would you want as your end-of-life care? If you […]
What is a Living Will?
When we are young, we believe we will always remain healthy, but research begs to differ as almost 54 million Americans face incapacitation due to illness or other reasons. What would you want to happen if you were incapacitated to make decisions for yourself? And perhaps more significantly, do others know what you want? We […]
Why is Power of Attorney Required?
Old age sinking its feet in our lives often makes us question how and who will take care of our financial, healthcare, and other estate distribution decisions in case of our demise or incapacitation. What about if you stay away from your home, traveling, or on military service? Who must take the helm of your […]
What Are The Key Roles Involved In Estate Planning?
Most people put a lot of effort into providing a comfortable life for their families. The primary advantage of Estate planning is that it enables you to support your family even after passing away. With careful preparation, they will be able to maintain the level of living they currently enjoy. An estate plan, however, has […]
How Long Should I Keep Legal Documents After A Death?
Dealing with the sudden loss of your loved one is gripping and takes time to heal. While you brace yourself for the loss and settle emotionally, multiple challenges might surface. If you are a beneficiary or an executor, retaining legal documents after death is essential for the future. While you must retain a few documents […]
What Is The Difference Between A Living Will And A Power Of Attorney?
For many of us, Estate Planning is the ‘elephant in the room’ – an obvious but a debatable topic that needs addressing. Estate planning is essential if you wish to secure the future of your loved ones. Reportedly, 77% of Americans believe estate planning is essential for everyone. However, it is a broad subject, and […]
Start Thinking About Creating Your Online Will Before Its Too Late
People naturally begin to consider whether they have their affairs in order and whether their loved ones and valuables would be safeguarded if they were to pass away during uncertain times. Many people need to take the time to prepare for the future of their assets because of unforeseen events. Therefore, it is essential to […]
