Divorce can be a tumultuous undertaking. From untangling emotions and assets to working out a parenting plan and discussing alimony and child support, divorce comes with a list of things to do. While navigating the complexities of divorce, however, it is important...
Estate Planning
How to bring up estate planning with your parents
If you don’t think your parents have an estate plan, you may be concerned about what the future holds. Perhaps you’re worried about disputes that you and your siblings could get into if you don’t have a plan to tell you how to distribute assets. Maybe you’re concerned...
Mistakes to avoid when creating an estate plan
Creating an effective estate plan is crucial for ensuring your assets are managed and distributed according to your wishes after your passing. However, many individuals make common mistakes that can complicate or even undermine their estate planning efforts. Knowing...
Updating your estate plan when there’s a new addition to the family
Regarding family matters, checking that your estate plan adapts to the changes in your life is paramount. One such significant event is the arrival of a new child. When this happens, updating your estate plan can help you safeguard your growing family’s future....
3 reasons why you need a living will
A living will is a legal document that allows individuals to express their medical preferences and instructions in the event of incapacitation. Think of it as a proactive measure to maintain control over your own healthcare decisions, even when you are unable to...
Should you update your will or start over when your life changes?
If there is one constant in life, it is that life is sure to change over time. People get married and divorced. They add to their family with children and grandchildren. Unfortunately, they lose other cherished family members along the way. It’s crucial to account for...
Can you keep your estate out of probate?
What is probate? Probate is the legal process by which a court recognizes a person's death and authorizes the administration of their estate. This includes inventorying assets, paying debts, and distributing assets to beneficiaries according to the deceased's...
How do I choose a power of attorney for my estate plan?
A power of attorney (POA) is an important legal tool to include in your estate planning toolbox. This tool allows you to control who makes decisions on your behalf in the event you cannot. This need could arise for any number of reasons from a tragic car accident that...
Protecting your legacy from the risks of an estate dispute
An estate dispute can wreak havoc on your legacy, undermining your plans and diminishing your assets. While you cannot control what happens after your death, you can take steps now to prevent discord later. Some careful planning on your part may encourage respect...
The critical documents to include in an estate plan
Planning for the future requires one to consider his or her long-term interests, potential future medical needs and what should happen to personal assets after passing away. These can be difficult and potentially complex issues, and you will benefit from carefully...