Is It Important for Physicians to Have an Estate Plan?
March 28, 2022
Given their salaries and the chances of getting sued, physicians should strongly consider estate planning early in their careers.
What Power Does an Executor Have?
January 27, 2022
If a loved one asks you to be the executor of their estate, think carefully before you take on this responsibility.
Can Elder Financial Abuse Be Stopped?
December 16, 2021
The financial exploitation of elderly people comes at a great cost: It costs victims as much as $36.5 billion each year, according to the National Council on Aging. It can also be more difficult to detect than physical abuse and neglect because it’s often done by family members, trusted friends and caregivers.
Do You Need Power of Attorney If You Have a Joint Account?
September 16, 2021
As you know, a power of attorney (POA) allows another person, the Attorney-in-Fact (AIF), to conduct business on behalf of the principal. The POA authorizes the AIF to sign for and on behalf of the principal.
How Does Probate Work?
September 14, 2021
There is a general understanding that every adult should have a last will and testament. However, for most people, exactly how that will is used remains a mystery.
How Do I Stop Heirs from Foolishly Wasting Inheritance?
August 4, 2021
One of the biggest concerns a trust creator might have is that the beneficiary would squander their inheritance or that the beneficiary’s creditor would attach the inheritance to cover the beneficiary’s debt.
Trusts can Work for ‘Regular’ People
April 5, 2021
When you hear the word trust fund, you might think of the uber-wealthy giving their kids a big chunk of cash on their 25th birthday. However, trust funds aren’t just for the rich.