Most people avoid thinking about how their family will survive without them when they eventually pass away. It will be very difficult to set up your estate plan in your last days, so make sure that you meet with an estate planning lawyer and get your arrangements...
When someone suffers a severe accident that results in a person being unable to make any medical or financial decisions regarding their care, family members may find themselves making tough decisions for their loved ones well-being. In these situations, having a...
Mediation is one of the many types of alternative dispute resolution. Mediation is done in confidentiality and carried out voluntarily by the disputing parties. The rules of mediation are easy to understand, and disputing parties can complete the process without...
Before tying the knot, you have the option of signing a prenuptial agreement. Also known as a prenup, these agreements can help protect each spouse's financial interests. Maybe you have children from a previous marriage and are interested in protecting their...
A conservator, also known as an adult guardian in most states, is a person who has court-ordered authority to manage the affairs of those who no longer have the ability to make their own medical or financial decisions. If the incapacitated person did not set up a plan...
After a loved one dies, the essential grieving process can be soured by the late relative's estate and how it will be divided among family. Cousin Albert can't contest your late father's will as easily as you might think, however. Depending on how the will was drafted...
A living will is not just for people who are in poor health. Healthy people also need living wills. The Washington Post recently featured an article on why it is crucial that both people in poor health and healthy people alike need to have a living will. If I'm...
End-of-life care is a much bigger deal than many of us realize, and should always be included in your estate plan. The recent passing of music legend Tom Petty serves as an example of how important it is to include end-of-life care in your estate plan. Why You Should...
When you are crafting your estate plan, you are making a decision about what you want to leave behind for those you hold most dear. However, if your creditors have anything to say about it, your loved ones may never receive the assets you leave for them. Fortunately,...
A trust is an entity created by a legal document. It is used to hold assets including cash, stocks, real estate, and other property. It's formed by a Settlor who transfers part or all of his property into the trust. The trust holds the title to the property and the...
