Estate planning can seem like a confusing endeavor, and you simply may not know where to begin. With this in mind, we are going to look at four must-have estate planning documents in this post in an effort to shrink the matter down to size. Asset Transfers The first component is an asset transfer vehicle, and many people assume that a will is the right choice unless you are extremely wealthy. In … [Read more...]
Updating Your Plan: Powers of Attorney
As we start the new year, it’s a good time to think about updating your plan. This includes your entire plan, including Powers of Attorney. Powers of Attorney are part of even the simplest estate plan. A Power of Attorney allows your Agent to act for you. There are Powers of Attorney for financial matters and also those for health care. It’s important to consider whether you need to update either … [Read more...]
The Anatomy of a Basic Estate Plan
A lot of people feel as though the estate planning process is a bit overwhelming. They avoid it because they do not know where to begin. There are various different ways to go about it, and the right strategy will depend upon the circumstances. This being stated, there is a basic framework that is universal, and we will look at it in this post. Asset Transfers The first order of business will … [Read more...]
