You will include many important features in your estate plan to ensure your passing is easy for your family. For example, you’ll likely assign someone as an executor of your estate to protect and maintain your property and assets. Additionally, you’ll name your...
One type of medical document that people sometimes use when they are doing their estate planning is known as a DNR order. DNR stands for “do not resuscitate” order. Essentially, if a patient’s heart stops beating or they stop breathing, they do not want medical...
Many people understand why they would need a guardianship for a child who is a minor. As they make their estate plan, they may choose a guardian so that, if something happens to them and their spouse, they know that this other individual will care for their child....
A medical power of attorney is a document that you can use when you’re doing your estate planning. It is similar to an advance directive that provides medical instructions for a doctor or care team. But instead of specifically providing instructions, This document...
As you start to get older and begin looking into building up an estate plan, one of the things you have to think about is how you’re going to protect your assets and pass them on to those you love. You have a few options, but many people believe that a will is the...
When creating your estate plan, you may not think about your digital assets. However, things like your email accounts and social media profiles need to be taken care of when you pass away. Knowing how to plan for your digital assets in your estate plan is beneficial....
While it’s certainly true that much of the estate planning process revolves around inheritance and passing your assets on to family members, there is more to it than this. You can also make plans for your healthcare, charitable donations, and most importantly, who...
You’re in your twenties or thirties. You are chugging along in life with a decent job, no known significant health issues and few assets. You joke with friends that most of your humble belongings would fit in a backpack. So having an estate plan is the absolute last...
If you’re like many people starting the estate planning process, your retirement accounts comprise a significant portion of your assets. You’ve already designated the beneficiaries directly on these accounts, but it’s still a good idea to include them in your estate...
For quite a while, you’ve noticed that your mom’s mind isn’t as sharp as it used to be. At first, it was small things that you just chalked up to normal age, distraction or stress. Now, you realize that your mom probably has some form of dementia. Bills are going...