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Is Having a Will Enough?

If you have a will you’ve already taken a step that half of all Americans have neglected. However simple it may be for protecting your assets and heirs, there are additional steps you should take in order to ensure a more comprehensive estate plan – such as living trusts, powers of attorney for finances and […]

What Are The Components of an Estate Plan?

What is an Estate Plan? The dictionary definition of an estate plan is “the arranging for the disposition and management of one’s estate at death through the use of wills, trusts, insurance policies, and other devices.” All adults should have a plan for their estates, and as we age the importance of estate planning increases. […]

Some Details in the Estate Settlement Process

Whether you need to appoint someone to be the executor of your own estate, or whether you have been chosen as the executor of someone else’s estate, it is important think about the complexity of the task and the order in which you will complete it. The responsibilities of an Executor can include: Contacting the […]

The Four (or Five) Documents Everyone Needs In Their Estate Plan

Everyone has different estate planning needs; however, all estate plans should have the same, basic documents. A Will. The crux of any estate plan, a will distributes your assets to the persons you want to receive your property when you die. In addition, a will names an executor to manage your estate, and can appoint a […]

COVID-19 Highlights The Need for Revocable/Living Trusts

Revocable Trusts, also known as Living Trusts, are being used with greater frequency in estate planning because they offer families immediate access to money and assets without having to wait for a loved one’s Will to be admitted to probate. In a typical Revocable Trust, the creator of the trust (i.e., the grantor) is also […]