Be Prepare for the Unexpected with a Living Will

Your preferences for life-sustaining medical treatment can be outlined in a living will. A living will is often joined by a health-care proxy or power of attorney, which allows someone to make treatment decisions for you if you are incapacitated and the living will does not have specific instructions for the situation at hand.  “Living […]

Tips on What You Can Do for a Family Member in Need

Substance abuse, suffering from mental disability, or living on the streets are just some of the real-life issues people are grappling with today. Many families want to assist family members struggling like that, but families are unsure how to offer that assistance, given that money might hurt more than help. Especially inheritances, which can come […]

How Does the Probate Process Work?

The probate process involves authenticating the deceased individual’s will, assessing the assets, settling debts and taxes, and oversee the allocation of the inheritance. After an asset-holder dies, the court will appoint a valid will’s executor to administer the probate process. In the absence of a will, the court will appoint a state administrator to handle […]

Britney Spears’ Conservatorship

Britney Spears started her career with the Mickey Mouse Club at the tender age of eight. Later, when she was in her twenties, she was reported as having a bit of an emotional melt-down and ended up spending some time in an institution. At that time, given that she couldn’t care for herself and her […]

Estate Planning Considerations for Special Needs Children

Current medical and health care advancements have made it possible for dependents with special needs to live more useful lives than ever before. Many scientists regard the term special needs as a euphemism for disability. Yet, the difference between the two terms is primarily one of acceptance and preference as both terms describe the four […]

Be Prepared When Crisis Hits

Many Americans have been left confused and unprepared during the global coronavirus pandemic. There are numerous reports of shortages of antibacterial hand sanitizer, disinfecting wipes, and even toilet paper. While we can’t predict when something like COVID-19 might strike, we can take steps to prepare for an unexpected crisis to help reduce the stress on […]

Life Insurance Tips

The coronavirus pandemic has made us reevaluate our mortality, and consider if we were to perish, how our loved ones will be cared for. Life insurance can be an affordable way to provide for our children, a spouse, a sibling, aging parents, and other loved ones. Life insurance can provide heirs numerous benefits: extra income […]

A List of Bad Reasons to Put Off Estate Planning

My family and I don’t own much. Can’t we put off planning until we can afford it?   You shouldn’t. It is crucial to give legal authority to a person of your choice, to care for your children if anything should happen to you. You don’t want your children to become wards of the court, […]

Consequences of Undue Influence

Unfortunately, our loved ones become old, become ill, and become vulnerable from fraud and theft. Targeted attacks on vulnerable older people to exert what attorneys deem “undue influence” constitutes elder abuse. It disrupts the older persons’ impulse to provide for loved ones and instead leaves assets to the manipulator. Often, family members do not find […]

Disinheriting Your Child Could be Costly

Although it’s more common to leave your estate equally distributed to your children, sometimes parents intentionally choose to not leave anything to a child, and the reasons for doing so may vary. One reason could be that a child who is more financially successful than the others and the parent doesn’t feel it’s necessary to […]