Every now and then, a misunderstanding about estate law occurs, often with the best possible intentions. From time to time we hear of an individual who signs on to wield durable power of attorney for a loved one -- which we call the principal. When that principal is...
Estate Planning
Three times you should update your estate plan
Photo cred: Monoar Rahman Estate plans help to ensure financial security for generations. They are easy to put off and, once finally completed, easy to forget. But certain life events can trigger the need to update your plan, and the failure to do so can result in...
4 crucial documents to have as part of your estate plan
Photo Cred: Anchor Lee Creating an estate plan can be an intimidating process. If you feel intimidated, overwhelmed, or even anxious about acknowledging your own mortality, consider breaking down the comprehensive estate plan into its basic elements. Taken on their...
Estate planning tips for every stage of life
Too many people make the mistake of thinking that an estate plan is only necessary when you enter the golden years. They think that until people are retired or struggling with a serious illness, there is no need to legally protect their assets, property, or loved...
What does the executor of an estate do?
If you are creating your estate plan, or if you have been appointed as the executor of an estate by someone close to you, you should be aware of the roles and responsibilities that an executor will take on. Having a general understanding of this can help you select an...