Category: Power of Attorney / POA
There are tools in an estate plan that a college student may need and are also beneficial to you. If your child is heading off to college, you have prepared them already with background education and the ability to live away from home. However, are they prepared with the documents that an adult needs? They […]
The new law goes a long way in protecting the elderly from the increasing threat of scams. Elder financial abuse is very costly totaling billions of dollars annually, as well as taking a heavy emotional toll on the elderly as the scams become more sophisticated, according to Forbes in “After SAFE Act Passage, The Battle […]
Your child is getting ready to leave the nest and head off to college. Now would be a good time to make sure proper legal documents are ready before the student departs. There are several standard preparations required as your child gets ready to head off to college life. In addition to the usual preparations, […]
There are new tax laws in the country. However, there is still time to make necessary adjustments. If you have not already reviewed your estate plan and taken the new tax laws into consideration, now is the time to do so, according to Reuter’s article “Your estate plan needs an update even if it is […]
You are young, or you don’t have many assets and that means you don’t need an estate plan. Wrong! It is true that if people do not own any real estate and do not have any other property of high value, it will not be too difficult for their families to handle their estates. However, […]
You have Social Security and Medicare but what’s next? It might be tempting to stop planning after retirement. However, there is still some planning left to do, according to the Wills, Trusts & Estates Prof Blog in “Post-Retirement Planning: A Checklist for Seniors.” Retirees need to plan for emergencies and the possibility of no longer […]
You can’t necessarily prevent being incapacitated. However, you can make plans, just in case it should occur. There are no age requirements for disabling accidents or illnesses, so it would be wise for everyone to plan for what would happen if they were to be incapacitated. It is not difficult, according to TC Palm in “Be […]
In trying to avoid probate, people can find themselves getting the opposite results. Many people do not realize that probate courts handle more things than just wills and can’t always be avoided, according to WLTX19 in “Man spends thousands in probate costs to help wife with dementia.” Consider the case of one elderly couple in […]
Some simple documents will go a long way in protecting you as retirement age approaches. While many people are concerned an estate plan has to be complicated, you often only need a few simple documents prepared by an estate planning attorney, according to the Brooklyn Daily Eagle in “Five legal documents you need by 55.” […]
Once you take the first couple of steps, it often becomes an easy process. You may only need a few documents to get your estate plan underway but people often delay because of the concern of complications, according to Forbes in “More Than Half of Americans Don’t Have These Essential Estate Documents, Do You?“. The […]
