Category Archives: Estate Planning

What Are Advance Healthcare Directives and How Can They Help the Estate Planning Process?

An advance healthcare directive is a legal document that details what kind of medical care you desire should you become incapacitated or unable to care for yourself. While no one can predict the future, it is best that you prepare for events such as you: Falling into a coma Becoming seriously injured Being terminally ill Developing severe dementia The kind of treatment you would want will be listed in your advance healthcare directive. The advance directive could give orders regarding treatment for terminal illness or comas including orders to end life support. The advance directive could also give orders to…

What Are Some Benefits of Estate Planning?

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 planned out in advance. In addition, by preparing your estate for that fateful day, you’ll save your surviving family time and money dealing with any estate complications. Everyone can benefit from an estate plan, whether you file a will or trust. When you meet with an estate planning lawyer and begin to build…

How a Mediation Lawyer Could Help You

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 additional assistance. Rather than have a resolution imposed by the court, mediation allows disputing parties to talk openly about their issues and reach an agreement together. However, if you are not confident that the opposing party will act appropriately during the mediation process, hire a mediation lawyer. A mediation lawyer can be hired and asked to be present at any…

Who Can Contest a Will?

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 and who was named in the will, only certain people will be allowed to contest wills. If you’re not sure whether you can contest a will, check out the list below and see which descriptions best fit your personal circumstances. Beneficiaries Beneficiaries are those who are named in the will and can include:…

Should I Include End-of-Life Care in My Estate Plan?

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 Include End-of-Life Care in Your Estate Plan Per CNBC, after Tom Petty was found in cardiac arrest, he was rushed to the hospital for treatment. Eventually, his family had to decide whether to keep him on life support or not. They had him taken off life support, because Petty had included…

How Can I Create an Estate Plan That Protects My Assets From Creditors?

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, there are steps you can take now to ensure that your estate plan is creditor-proof. Tips for Making a Creditor-Proof Estate Plan The American Association of Retired Persons (AARP) published an article on their website explaining what steps people can take to make their estate plan creditor-proof. Per the AARP report, here…

What is Elder Law?

As America ages, information and protection in the field of gerontology has become increasingly popular and important segment of the legal field. The subject encompasses a wide range of financial, health, and estate related services that arise in the Golden Years. With the right professional to guide and inform you, it truly can be the best years of your life. There are many subjects under the umbrella of elder law and here’s a quick look. Medical, Health and Insurance The wide-ranging scope of elder law includes interpreting complicated questions regarding social security, Medicare, Medicaid and other health insurance benefits. Also,…

What is Estate Planning?

Most people consider estate planning a legal process for the wealthy, but the fact is that everyone needs an estate directive. Regardless of wealth, everyone has certain issues that could arise in the event of a timely event. It is important that everyone is prepared in the case of a tragedy, and having a valid will and legal directive in place can solve many of the uncertainties. When individuals die unexpectedly intestate, which is the legal term for passing away without a will, the individual’s assets and liabilities are divided according to state law. This includes everything from placing minor…

Why Do I Need an Estate Planning Attorney For An Estate Plan?

Many online businesses offer wills and trusts through an automated process. The online process generally consists of a fillable questionnaire that, once answered generates an estate plan without the assistance of an estate planning attorney. A good estate plan consists of more than just a will or a trust. Further, if you do not know what the questionnaire is truly asking you, it is difficult to generate an estate plan that accurately reflects your intentions. In order to provide the maximum benefit to your loved ones and to achieve favorable tax consequences, an estate planning attorney will construct an estate…

Estate Planning in California: What is a Trustee?

If you are considering estate planning in California you likely have a lot of questions. This is normal, you should have a lot of questions. Estate planning in California does not have to be stressful or worrisome. With the assistance of a knowledgeable and experienced estate planning attorney in California, you can put an estate plan together that properly reflects your concerns and intentions. If you have questions about estate planning in California you should contact an experienced California estate planning attorney. A trustee is a person that holds legal title to property that belongs to a trust for the…