As today’s modern families evolve and become more diverse, so too must the estate planning strategies that protect them.
We all have those nagging to-do items that never seem to make it to the top of our list, even though we know how important they are. Studies show that creating an estate plan is likely one of those tasks on your list.
Estate planning is not just for the wealthy – or older adults, married couples, or any other single category of individual. Wills are beneficial for everyone.
Here are the legal tools that should be included in your estate plan and what benefits and protections each legal tool can provide.
A flawed estate plan has the potential to breed conflict, mistrust, and financial turmoil among your beneficiaries in several ways.
ACTEC Fellows Daniel G. Fish and Tara Anne Pleat define and discuss end-of-life advance medial directives including a Living Will, Healthcare Proxy, medical orders (MOLST & POLST), and Do Not Resuscitate (DNR) orders.
ACTEC Fellow Bernard A. Krooks, an elder law expert, reviews the essential legal document such as Durable Power of Attorney (aka Financial Power of Attorney), and Advanced Healthcare Directives (Healthcare Proxy and Living Will) that should be in place.
Established by Congress in 2008, Estate Planning Awareness Week is observed annually during the third week in October to recognize the need, importance, and benefits of estate planning. Estate Planning Awareness Week is a great reminder not only to make sure your own estate plan is up to date, but also to talk to your…
You just got married or had a child and decide it’s time to make an estate plan. Where do you start? What do you need? Should you just draft a will and be finished? Wills are important, but there is much more to an estate plan. Read on to learn about six important components you…