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A health care proxy is someone that you can select to relay your medical wishes to doctors should be you become incapacitated or unable to voice them yourself. Once you draft one of these, it can change the course of your life. There are certain qualities that you...
If you want to own a home and would like your spouse to inherit it without it having to process through probate or gift taxes being tacked on, then you may want to consider signing a Lady Bird Deed (LBD).In most other states, a husband or wife can sign a "deed on...
Car crashes, workplace violence and deadly case of the flu are just three of many different reasons that a person of any age could die unexpectedly. While younger adults may have fewer assets, they should still consider how they want them handled if they die, as well...
Most times before an individual appoints someone as executor of their estate, they'll consult with them to let them know of such before they do so. Just because someone selects you to be their personal representative, though, it doesn't mean that you'll know what your...
While many clients we see may have sat down and drafted a will at some point in time, few have taken time to plan their estates. As part of the estate planning process, it's often important do a more comprehensive inventory of your assets and to draft additional...
If you've looked into doing any estate planning, then you've likely heard the terminology "living will" thrown about. It's also known as a health care directive as well.No matter what name you call it, it has one primary purpose, which is to serve as a way for an...
When many hear about wills, they automatically think two things. First, they think that they're a document that you only draft when you're of an advanced age. Second, many believe that they're only necessary for the wealthy. Neither is a correct assumption...
When someone dies, their will has to be authenticated before any distributions to beneficiaries can be made. This probate process is presided over by a judge. He or she ensures that necessary steps are taken in settling an estate through probate and that, if no will...
When it comes to wills, there are two common misconceptions about them. One is that many think that they're only important for older people or the rich and famous to have. Another is that you write it once and you never need to look at it again. Neither one of these...
Estate planning is one of those things that everyone knows they need to do, but most people still tend to put it off.Why? There are many reasons. Most people don't feel like they need it. They assume they're planning for when they pass away at 80 or 90 years old. If...