Estate Planning
National Healthcare Decisions Day – April 16, 2019
National Healthcare Decisions Day was founded in 2008 to inspire, educate and empower the public and providers about the importance of advance care planning and encourage individuals to express their wishes regarding their healthcare and end of life...
Why Won’t the Bank Honor My Power of Attorney?
When you have been appointed as an agent under a Durable General (Financial) Power of Attorney, you presume that financial institutions will honor the document appointing you and provide you with access to funds and financial information on behalf of the...
Naming a Trust as the Beneficiary of a Tax-Qualified Retirement Account
Many have heard the quote often attributed to Benjamin Franklin, “In this world nothing can be said to be certain, except death and taxes.” The sentiment behind this quote remains as relevant today as it did then, particularly in the context of...
Accounting for Digital Assets in your Estate Plan
Like many things rendered obsolete by the progress of technology, older estate plans may not adequately address the realities of the digital age. In the last 15 years, the Internet has become commonplace and many transactions are now recorded...
Seven Things You Need When You are Personal Representative of an Estate
Being asked to wind up the affairs of a deceased loved one may feel like an honor, but the duties of a Personal Representative, or Executor, as the position is sometimes called, can also be complicated. If you have been named as Personal Representative in...
Trust Settlements – How to Navigate the Process
Regardless of the type of estate plan you have set up, if someone passes away, there are a number of matters that will need to be addressed. A trust sets up the terms for how a trustee should administer the affairs and assets of the deceased. Below are...
Buy-Sell Agreements: Working for the Best and Planning for the Worst
However optimistic you are about the future of your business, the reality is at some point your business will either end or change hands. A thorough business plan takes this into consideration. The best-case scenario is after many years of success, your...
Estate Planning for a Disabled Spouse
Caring for a spouse who suffers from physical and/or mental decline can be an overwhelming task. The healthy spouse often spends the majority of his or her time ensuring that the care needs of their spouse are met. Faced with this daily struggle, it is all...
I Signed My Will, Now What?
Completing your estate plan for the first time is a significant milestone. It means that you have taken an important step forward in planning for your family’s future. Our clients often breathe a sigh of relief after signing their estate...