Most people feel honored to learn they have been selected as a candidate to handle estate administration for a friend or family member. At the same time, however, few people understand the depth of commitment involved in administering someone's estate. You have...
Month: February 2022
Do you have your letter of instruction ready?
A will, trusts and power of attorney designations are all things that you might think about when you’re discussing an estate plan. There’s another document that you need to ensure you have taken care of right now. This is the letter of instruction. While the letter...
2 crucial estate planning steps for new parents
The birth of a child comes with enormous responsibilities for the parents. After all, you have a new life to take care of. And while the adjustments you need to make following the birth of your child are numerous, there is one key item that you must never overlook:...
2 reasons why you need to include a trust in your estate plan
A trust is an important estate planning tool. And you do not need to be super rich and famous to have one. On a basic level, a trust is a legal arrangement that allows you (the Settlor) to transfer the legal control of specific assets to another person or entity...