Estate planning is crucial for parents with a special needs adult child. It ensures that the child is cared for and financially secure after the parents can no longer provide support. For parents in this situation, understanding the options and implications of...
Blended families occur when two adults who have children fall in love and get married. It can take quite some time for the family to fully adjust to the new circumstances. Older children, in particular, can sometimes be resistant to the changes that come with a newly...
It’s rough to watch your parents decline with age, and rougher still to realize that your roles have gradually become reversed. Instead of them guiding and protecting you, you now have to guide and protect them. This is particularly true when your parent has developed...
Your divorce will drastically change your personal circumstances. From your living arrangements to your parenting obligations, almost everything in your life shifts after divorce. You are more legally vulnerable as a single person after your divorce than you are as a...
Nobody wants to think about death all the time. This is one reason that individuals often put off estate planning. However, in the grand scheme of things, estate planning only takes up a relatively short amount of time, if done properly. Not only can drafting a will...
Have you ever heard the terms advance medical directives or advance health care directives? These two estate planning terms mean the same thing—they allow you to make plans for your future medical care needs. If you become incapacitated or cannot speak your wishes...
A will is an important estate planning tool that outlines how you would want to have your assets distributed when you pass on. And, if you have minor children, you can also name guardians for them in your will. This way, should you pass on or become incapacitated,...
A business is only as strong as its leadership. As someone who serves as the executive or owner-operator of a successful company, you understand how important your role is for the company's success. You may have dozens of employees that rely on you to make the right...
Children make life both interesting and complicated in a number of ways. If you have children, chances are you work hard to ensure that their future is secured. One way of realizing this is through your estate plan. Done right, an estate plan can safeguard your...
Writing out a last will is not the only necessary step for estate planning. There are numerous other documents people can include, and they can address other issues beyond their final wishes when they die. Your estate plan can potentially protect you in numerous...