Learning How to Settle an Estate can be challenging to navigate. Whether you need to identify someone to be your estate’s representative (executor) or you are the chosen representative of an estate and accept the responsibility, there are certain criteria to think through — the complexity of the task and the order in which to […]
A limited liability company (LLC) exists structurally between a partnership and a corporation. Most small business owners are aware this hybrid legal entity is beneficial for financial management, yet an LLC is also a powerful estate planning tool for much the same reason. In the case of estate planning, a Family LLC permits the transfer
Who should you trust to Make Financial Decisions for You and manage your financial well-being when you are no longer able to do so? A power of attorney (POA), otherwise known as an agent to your principal, has the legal authority to represent and make decisions on your behalf. What characteristics should you look for
The death of a spouse is a challenging life experience emotionally, spiritually, and often financially. It is common for one spouse to handle family tax and estate plans, and a widow(er) may be looking at a complex financial situation with more questions than answers. It is a mistake to think that a complete estate plan
Spring cleaning isn’t just for housekeeping, it’s also an excellent time to review your important Estate Planning documents like your Wills, Trusts, and Powers of Attorney. How long has it been since you’ve updated your estate planning documents? Do they still reflect your wishes? Here are 5 common reasons to make updates to your Estate
Spring Cleaning: 5 common reasons to update your Estate Plan Read More »