Estate Planning

A trust is a legal document that people can include in their estate plan if they are seeking more security options for their assets. This legal document is an arrangement between grantor and a trustee. The grantor trusts the trustee to manage their assets and disperse...

People change when they become parents. They now have another person's affairs to think about. And one of those affairs is who will take care of their child if you die. It can be challenging to be in this situation. Who should you choose among your loved ones? Here...

When it comes to financial accounts, POD often stands for “payable on death.” As the name implies, a payable on death account is one that transfers into someone else’s name when the account holder passes away. Proof of this passing – such as a death certificate – may...

You may be ready to make an estate plan. An estate plan would allow you to anticipate how your assets will be handled after your passing. There’s a lot to learn about estate planning before you begin. Here’s what you should know: Heirs and beneficiaries are not the...

People who anticipate their passing can leave behind instructions that dictate how their assets are handled in an estate plan. The most common legal document in any estate plan is the will. The will includes an itemization of assets and heirs.  There’s a lot that an...

You already understand the importance of creating an estate plan to reflect your wishes and take care of your loved ones in the event of your death or incapacitation. You may have already gone through the process of creating a will, appointing guardians for any minor...

A trust is a legal arrangement that allows you, as the grantor or settlor, to transfer assets to a separate legal entity managed by a trustee. The trustee is responsible for managing the trust assets according to the terms you set and for the benefit of one or more...

Estate planning can seem like a daunting task at first, and you’re relatively young, so it’s the last thing on your mind. However, the truth is that you never know what’s around the corner, so it’s best to be prepared for all scenarios. Estate planning isn’t about...

As your elderly parent ages, it is essential to have open and honest conversations about their wishes for the future. This includes discussing healthcare directives or decisions that must be made if they cannot speak for themselves.  It can be difficult to have these...