Addressing mental health in estate planning, especially when it involves children, is a sensitive and crucial matter. It requires thoughtful consideration to ensure that the child’s needs and well-being are adequately protected and provided for, both now and in the future. Here are Continue reading →

An executor plays a crucial role in the administration of an estate after someone passes away. Here are 8 essential responsibilities typically assigned to an executor:

1. Locating the Will The executor is responsible for finding the deceased’s last will and testament and ensuring its Continue reading →

Protecting assets for children or beneficiaries with special needs involves several key strategies to ensure that the beneficiaries’ financial security and eligibility for government assistance programs are not compromised. Here are some common approaches:

Special Needs Trusts (SNT) Continue reading →

Funding a trust involves transferring assets from an individual’s ownership to the trust itself. Once created, a revocable living trust acts as a separate legal entity capable of owning property and assets. This process, known as funding, is essential for avoiding probate and ensuring Continue reading →

When preparing for an initial estate plan consultation, it’s important to bring a variety of documents to provide a comprehensive overview of your financial situation, family dynamics, and your wishes. Here’s a list of common documents and information you should consider bringing: Continue reading →

A Last Will and Testament and a Trust are both estate planning tools that can be used to manage and distribute a person’s assets after their death, but they have some key differences in how they function and are executed.

Definition and Purpose

Last Will and Testament: A legal document Continue reading →

In the world of estate management and probate law, navigating the intricacies of how an estate is settled can be complex, particularly when it comes to understanding the roles of an executor and an administrator. These terms represent key positions in the process of distributing a Continue reading →

Having a will is crucial as it ensures your assets are distributed according to your wishes after your death. Without a will, your estate falls under the intestacy laws, potentially leading to unintended distribution outcomes.

Key benefits of having a will include:

• Control Over Asset Continue reading →

In today’s world, where we live a big part of our lives online, estate planning isn’t just about physical things – it’s also about our digital life, especially our social media. Your Facebook, Twitter, and Instagram hold memories and connections, and planning for what happens to them Continue reading →

Estate planning is a fundamental aspect of securing your financial legacy and ensuring that your wishes are honored. Just like life, your estate plan is subject to changes and developments. Regular reviews of your estate plan serve as a practical approach to keeping it aligned with Continue reading →