Estate planning is crucial to ensuring your assets are distributed according to your wishes after you pass away. It also allows you to make preparations in the event you become incapacitated. Your plan involved careful consideration, and now that it is in place, you...
Month: April 2024
Why you should have more than one power of attorney
Creating an estate plan involves more than deciding on the distribution of your assets and naming beneficiaries. It’s also about planning for the unexpected, such as becoming incapacitated and unable to make your wishes known. Naming a power of attorney (POA) allows...
What is a legacy letter?
Legacy letters are heartfelt messages that people leave behind for their loved ones, attached to their other important documents. Legacy letters are not essential to an estate plan, and they are not legally binding – but they can be powerful, nonetheless. Legacy...
3 preparatory steps to consider when estate planning
Many people fail to start estate planning because they find the prospect overwhelming. Dying without one in place could be problematic for those you leave behind, so you need to make a start as soon as possible. The following steps can help you get underway: 1. List...
4 tips for digital estate planning
Modern estate planning has undergone an enormous transformation with the proliferation of digital assets and online accounts. This shift necessitates careful consideration and planning for their management and distribution after one's passing. Without proper digital...