Estate planning is about being proactive to protect your loved ones and your property while granting you peace of mind. Often this planning process does not occur in a vacuum.
In some cases, like with an accident or sudden onset of a debilitating illness, a care plan must be made immediately. Other times, such as slowly aging and declining, a care plan can be constructed over a period of time.
Congratulations – you won the lottery. A windfall of money will be life-changing. You may be able to buy a new home, start a small business or invest in a loved one’s dreams.
Deriving from the same virus that causes chicken pox, shingles is a disease affecting the nervous system that causes a painful, blistering rash. When dormant, the virus still remains in the cells of the nervous system and recurrences of conditions may occur.
Careful planning and organization is a blessing and much appreciated gift to those you leave behind. During a time of grief, it can be extremely difficult to concentrate on things like password recovery and searching through endless piles of paperwork.
It is a crime to destroy a will. Why would someone do this? Most likely, it occurs when contentious family members discover they have been disinherited or do not like some of the terms in the will of a recently deceased family member.
During disability planning, you execute a durable financial power of attorney and name an agent you trust to act on your behalf. This person can make financial and legal decisions and carry out your affairs if you are not able to do so yourself due to incapacity.
Whether it is the beach or the mountains or on a beautiful lake, many families enjoy time spent together at a vacation home. Before you rush out to purchase this memory-maker, take time to consider some of the following.
Most people contemplating their estate plans have specific family members in mind that they seek to provide assets as well as peace of mind. Not everyone has a spouse, children or even close relatives.