Choosing an executor for your estate is a significant decision that demands careful consideration. The executor will manage your assets and distribute them according to your wishes after you pass away. However, circumstances may arise that necessitate you to select a...
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Year: 2023
Choosing guardians for your children
Appointing guardians for your children may feel like one of the hardest parts of estate planning. How do you decide who to trust with such a responsibility? While you should always discuss the designation with the potential guardian before naming them, there are some...
What to include in your estate plan
Did you know that more than 60% of the people in the United States die without a will or any kind of direction for their grieving families? Not only can this cause division and disagreements within the family, but not having an estate plan also has legal...
Should you name more than one executor for your estate?
There are many factors that go into writing a complete will, but one important consideration that many neglect to put sufficient thought into is the designation of an executor. It is important to thoughtfully determine who is best for the role, and you might even...
Understanding the tax implications of estate administration
As the executor of an estate, it is your responsibility to distribute the assets according to the estate’s documents. Whether you are facing a delay during the probate process or you are just navigating the executor’s role, what you may not realize is that some of the...
What you should know about a durable power of attorney
When you create a power of attorney, you sign a legal document that designates another person as your representative. This person can then make legal decisions for you. A durable power of attorney grants this power to an agent even if you are unable to make decisions...