Monthly Archives: May 2025
Consequences Of Not Executing A Power Of Attorney
The foundation of many estate plans is a Last Will and Testament. While this is an important estate planning document, there are others that can also protect your best interests. Although many of these are not effective until you pass away, others may become effective during your lifetime. A durable power of attorney in… Read More »
What If My Spouse Passes Away With An Outdated Will?
Losing the person closest to you, and that you shared a home and possibly even a family with, is the hardest thing you will ever have to experience. If you learn that your spouse did not update their will after you were married, or they drafted a will but did not include you, will… Read More »
Four Important Considerations For Your Durable Power Of Attorney
No one wants to think about it, but there may come a time when you become incapacitated and cannot make important decisions for yourself. A durable power of attorney can help in these situations. Durable powers of attorney are legal documents that designate someone, known as your agent, to make these important decisions. These… Read More »
Common Disputes That Arise In Probate
Whether you are starting the probate process after losing a loved one, or creating an estate plan to help your loved ones avoid it, there are many things to consider. The probate process is court-supervised and meant to settle someone’s estate after they pass away. Property of the deceased is gathered during the probate… Read More »
How To Avoid Common Mistakes With Life Insurance Beneficiary Designations
Estate planning involves many different components, and choosing a life insurance beneficiary is one of them. When you take out a life insurance policy, you will name a beneficiary. The beneficiary will receive the proceeds from the policy after you pass away, and the policy is not subject to the probate process. Designating a… Read More »
Does A New Will Cancel An Old One?
It has been said that the only constant in life is change. It is true that at some point, your life will inevitably change and when it does, it is also a good time to review your estate plan. Reviewing your estate plan can help you determine if it still reflects your current wishes…. Read More »
Heirs Vs. Beneficiaries: What Is The Difference?
People often use the terms ‘beneficiary’ and ‘heirs’ interchangeably. While the two terms both refer to loved ones and people in your close circle, there are differences between the two. When drafting your estate plan, it is important to know what these differences are. If you do not, it can result in unnecessary confusion… Read More »
Benefits Of Appointing A Durable Power Of Attorney
Many people think estate planning only plans for what will happen after their death. However, drafting a comprehensive estate plan is very useful during your life, as well. When creating an estate plan you can designate a durable power of attorney who can act on your behalf in the event that you ever become… Read More »