Formalizing an advance health care directive is a powerful part of estate planning. It can ensure that your medical providers adhere to your health care wishes, even if you cannot communicate those wishes orally. When written well, an advance health care directive...
Month: August 2021
The concerning percentage of people without an estate plan
One thing that we know for certain is that everyone’s affairs will need to be taken care of at some point. This could mean paying taxes, distributing assets, making final medical decisions and much more. But there will come a point in everyone’s lives when this...
Signs that a trustee is not fulfilling the duties
An effective, decisive and conscientious trustee is needed to oversee the assets within a trust. It is a role with great responsibilities in handing out assets to the trust’s beneficiaries. The trustee must have certain qualities that the grantor or trustor – the...
What is a gift causa mortis?
Estate planning can seem simple and complex at the same time. On the one hand, your loved one’s estate plan distributes your assets to your loved ones. On the other hand, many nuances can make a simple will more complex. An estate plan distributes what your loved one...