Your child is getting ready to leave for college. Among making sure they have their course books and everything essential to furnish their dorm room, there are many legal documents that you must have in place. A lot of of these documents are going to be useful to have if a medical or other emergency…
A lot of people assume that when they have a will, their estate planning is finished, but there is much more to a solid estate plan. An ideal estate plan needs to be designed to avoid probate, for estate tax savings, safeguard assets should you need to move into a nursing home, and designate an…
Turning eighteen and graduating high school can feel like a significant accomplishment — and it is! A lot of graduates are going off to college or contemplating about what the next steps in their lives are going to be. It’s a time filled with promise, excitement, and possibly a bit of anxiety also. You are…
Presently, more than ever, Estate Planning is an undoubtedly powerful way to plan for your future. This stands up even when we’re discussing your adult child’s future. Laying down plan in today means one less thing to be concerned about the next day – and if it’s one thing we all can agree on, it’s…
It’s easy: Fill the blanks in on the life insurance application and you’ve designated a beneficiary. But do not write off the task as insignificant. Designating the right individual to receive the proceeds of your life insurance policy is a vital decision that could have long ranging impact on your loved ones. Why is picking…
When you’ve been maltreated by a lawyer’s estate planning mistakes, you might have a claim for legal malpractice. Read below for more information concerning common types of estate planning mistakes and what you are able to do about them. Estate planning lawyers have a legal responsibility to act in the best interests of their clients.…
Usually, a beneficiary is an individual that receives proceeds and/or benefits from something. In the insurance industry, individuals commonly use the language beneficiary in reference to the recipient of life insurance proceeds. Those that receive distributions from a will, trust, annuity, or pension account, are additionally beneficiaries. Principal Points: A beneficiary is an individual that…
A lot of individuals are swayed into drafting a will on their own. However, there can be issues caused by drafting your own will. They may want to save money by not hiring an attorney. They might want to keep their privacy and believe the best way to do it is to draft their own…
