When you appoint another person to make decisions for you that are legally binding, you need to use a power of attorney to establish this authority. The person you empower is referred to as an attorney-in-fact. There are many different kinds of powers that can be given to this person, and the most common ways [...]
Some people assume that unless your estate size is substantial, that you can skip out on enhanced protections provided by something, such as a trust. You might even assume that it's not necessary to hire an attorney to create a will for you. However, a knowledgeable lawyer will take the big picture look at all [...]
If you have done the necessary planning to ensure that your estate has been discussed with a knowledgeable estate planning lawyer, this is the first phase in protecting your desires and giving your loved ones an opportunity to receive the benefits you intended when you pass away. A common question either as a beneficiary to [...]
Benefits provided by Social Security are often one component of an overall estate plan that can also easily slip through the cracks. It is essential to have a financial power of attorney to ensure that there is another person to step in and take care of your finances if you become unable to do so [...]
Today, estate planning attorneys are being contacted at record numbers to get assistance in putting together power of attorney documents or wills in the midst of the pandemic. If you are in a situation in which you feel compelled to quickly pull together your estate plan, it's important to partner with a knowledgeable professional in [...]
Many older Americans have been thinking about the concept of long-term care insurance recently and with good reason. Chances are good that you'll become injured or sick at some point during your retirement and require extra support to pay for your medical bills. This is a service that can be especially valuable to long term [...]
As part of an estate plan, your knowledgeable attorney might recommend different tools to help you accomplish your individual goals and allow for the streamlined transfer of assets to your loved ones. This can mean using something such as life insurance to help support other asset transfers within your overall estate plan. There are three [...]
When there is no will for your estate plan, this puts your family members in a very difficult situation, because it becomes the responsibility of the MS courts to decide what happens to your property. This is referred to as dying intestate and the settlement process that follows might not generate the results that you [...]
Whether you are thinking about your investments and your retirement or how your estate plan answers many of your most common goals, you need assistance from an expert in the world of financial planning. But finding the right person to assist you in addition to finding a knowledgeable estate planning attorney to help you think [...]
A healthcare proxy is a term you might have hard of in relation to comprehensive estate planning. The term proxy refers to another person acting on your behalf. With regard to healthcare proxies, this person is equipped to express your individual wishes on your behalf if you are unable to do so. Depending on where [...]
