Estate planning is an important step in ensuring that your beneficiaries receive your assets according to your wishes after you pass away. A well-thought-out estate plan provides clarity and guidance to your loved ones during a challenging time. CNBC reports that only...
Find Out How We Can Help
Estate Planning
3 ways that powers of attorney benefit the principal
Powers of attorney are estate planning documents that authorize one adult to act on behalf of another. The person who drafts the power of attorney is the principal. The person they named to handle their affairs is their agent or attorney-in-fact. Most people over the...
3 benefits of early long-term care planning
While navigating the journey of life, it is easy to overlook the importance of planning for long-term care needs. Many people tend to postpone such considerations, assuming they have ample time. However, initiating long-term care planning sooner rather than later...
2 disadvantages of not writing a will
Many people either decide not to write a will or procrastinate it and pass away before they get around to drafting an estate plan. According to some studies, the majority of people in the United States do not have an estate plan at this time. This means that many...
6 red flags of executor misconduct
Estate matters can be complex, but understanding the signs of misconduct is important to protecting the interests of all involved parties. Recognizing these red flags can help individuals navigate the intricate landscape of estate affairs. 1. Missing or altered...
4 signs your estate plan is outdated
Did you know that your estate plan could be outdated? An outdated estate plan doesn't always mean it can’t be used, but it can create many difficulties for your beneficiaries, such as the wrong beneficiary gaining assets from your estate. You can update your estate...
Strategies that help you avoid probate in New York
Probate proceedings can be time-consuming and costly. They may, too, create stress during an already challenging time for families dealing with the loss of a loved one. However, individuals in New York can use strategic measures to sidestep the probate process. In...
3 ways trusts can benefit middle-class adults who are planning an estate
Discussion of trusts in an estate planning context often focus on wealthier households. Those who have enough resources to be at risk of estate taxes, for example, are likely to turn to more thorough estate planning measures to protect themselves and their...
Who can help you with your estate plan?
Estate planning can be complicated. Your decisions determine if your beneficiaries will benefit as you intended and if your legacy will continue. Therefore, it’s not an ideal do-it-yourself project. You should have a team of professionals to help you, including:...
3 signs you should get your elderly parents a guardianship
Elderly care and guardianship are crucial topics that require keen attention and careful consideration. As your loved ones age, it's important to watch for signs that they may need additional support or guardianship. This can help ensure their safety, well-being and...