Leaving an inheritance to underage heirs can be a complicated and delicate issue. While leaving an inheritance to a minor is possible, you need to surmount some tricky hurdles. With legal requirements and potential pitfalls to overcome, it's essential to approach the...
Month: February 2023
How to talk to your elderly parents about estate planning
Talking to your parents about what should happen to their possessions after they pass away is never an easy conversation to have. No one wants to anticipate losing a loved one and it can feel maudlin to discuss the thought of them no longer being around. The...
3 questions to ask a potential medical power of attorney
You want to be prepared for the future – and all the possibilities that it holds, including the chance that you may be unable to speak for yourself and direct your own care at some point prior to your death. An advance health care directive is essential, but advance...
5 mistakes people make when creating a trust
You have probably heard about the benefits of using trusts when making your estate plans. Unlike a traditional will, a trust will help avoid the probate process and protect your family's wealth while giving you greater flexibility and control over your estate....