What Does “Power of Attorney” Mean?
June 12, 2023
A power of attorney is a legal document that gives a person the authority to act on another’s behalf.
Who is Legally Able to Amend a Trust?
June 6, 2023
The conditions for amending a trust, including who has the authority, is usually set out in the document.
What Are Estate Taxes?
June 5, 2023
Studies suggest that millennials will inherit an astounding $68 trillion in the coming years, making them the wealthiest generation in history. While this may be great news for some, it also comes with significant tax implications.
How Do I Talk to My Parents About Estate Planning?
June 1, 2023
Broaching the subject of estate planning can be difficult, as emotions often run high while discussing end-of-life care and other similar topics. However, having a plan in place can streamline the estate transfer process upon the passing of your loved ones, bringing peace of mind to the whole family.
Why Would I Put My Home in a Trust?
May 30, 2023
When you purchase and own a home, your name is on the title to the property, indicating ownership. However, you can transfer ownership of your residence to another person or entity in the form of a real estate trust.
Use Estate Planning to Prepare for Cognitive Decline
May 17, 2023
Data from sources like the U.S. Census Bureau shows in no uncertain terms that the U.S. population has grown older over the prior two decades.
Should You have a Pet Trust Created?
May 16, 2023
Specialized pet trust law has developed because of the huge popularity of pets in this country, and the strong desire of pet owners to provide for their pets, even after the owner’s death.
Protecting Assets with a Trust vs. Limited Liability Company
May 11, 2023
To protect assets effectively, you have to store them in the right legal entity. However, that can depend on whether you’re looking to protect business assets, avoid estate taxes, or protect personal assets from legal liability while running a business.
More Heirs Found for Pope Benedict XVI’s Estate
May 10, 2023
Pope Benedict XVI lived a simple life in Roman Catholic Church’s Vatican apartments during his final years, and it is not known what money or assets are to be inherited.
What are Biggest Blunders with Health Care Proxies?
May 5, 2023
Everyone age 18 and over should have a health care proxy document signed (think children off to college, and yourself, not just an elderly parent).