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...
Year: 2021
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...
How does estate planning deal with cryptocurrency?
You do not need to understand cryptocurrency to have some. Trading platforms make it easy to buy and sell without in-depth knowledge of the technology behind digital currency. While few people could claim to be experts on how cryptocurrency works, too many families...
5 reasons when you should consider changing a will’s executor
The executor has a pivotal role in settling your estate, making sure outstanding bills and taxes are paid, disputes settled among heirs and assets distributed to beneficiaries. The role is thankless, time-consuming, stressful and overwhelming. You want to make sure...
Your decision: Why you need to have a health care directive
An advance medical directive serves as a legal document that provides specific instructions to health care professionals as to what they should do if you are in a coma, unable to communicate, seriously injured, terminally ill or in a vegetative state. Because you...