Archive for February, 2018
Reasons to Establish a Trust
Tuesday, February 27th, 2018
Trusts are an important tool in estate planning and may be created for a variety of reasons, which can include both tax and non-tax reasons. Trusts may be established during an individual’s life, which is called an intervivos or living trust. A Living Trust does not require probate or court supervision. It is also possible […]
Financial Power of Attorney
Tuesday, February 20th, 2018
A Financial Power of Attorney is an important document that should be part of any comprehensive Estate Plan. This document is a tool that gives you the ability to name a trusted individual, called your attorney-in-fact, to access your financial accounts and step into your shoes to manage your assets when you are unavailable or […]
Health Care Directive
Tuesday, February 13th, 2018
A Health Care Directive is an important document that should be part of any comprehensive Estate Plan. This document is a tool which gives you the ability to name a trusted individual (and a backup) to make health care decisions on your behalf when you are unable. The Health Care Directive can also specify what […]
Health Care Power of Attorney
Wednesday, February 7th, 2018
This week, I’ll focus on health care powers of attorney. This is one of the typical documents in a basic estate plan. However, people often give little attention to thinking about this POA. People do not like thinking of their own mortality or their own illness. But, unfortunately, it involves issues we all must face […]