Guardianship serves as a support system for those who can't fully care for themselves. But what happens to an individual's freedoms when they become a ward? Whether you're planning for yourself or a loved one, knowing what freedoms a ward retains under guardianship...
When it comes to estate planning, you may be worried about how your beneficiaries will use the wealth you pass on to them. This could especially be the case if they are bad with money or suffer from addiction, which could affect their spending habits. A spendthrift...
Due to the diverse needs and dynamics involved, estate planning for blended families can be challenging. Ensuring that you consider biological and stepchildren fairly requires careful thought and planning. By addressing the unique aspects of blended families, you can...
When it comes to estate planning, our main goal is to ensure that our loved ones are safe and secure when we pass away. For families with minor children, this means considering the children’s well-being and financial security in the event of our death. State laws play...
Guardianship is a legal process where a court appoints someone to make decisions for another person who cannot do so themselves. This person can be a minor or someone with incapacity, disability, or other reasons. Guardianship is crucial because it ensures vulnerable...
Probate is a legal process that involves validating the deceased person's will, identifying their assets, paying off debts and distributing the remaining property to heirs. While probate serves an essential purpose, consider avoiding it during estate planning. The...
If you have an aging parent suffering from mental incapacity, you might consider creating a special needs trust to pay for certain expenses for your loved one. This kind of trust may give you peace of mind that you can provide for your parent, though you should be...
Crafting a will is not just about splitting up material goods after you pass away; it is also a way to provide for those you care about most, safeguard their future, and potentially minimize conflicts and legal battles. Whether you are a young professional just...
In asset protection planning, individuals get to organize their financial affairs in a way that would protect their assets from potential future liabilities and creditors. However, several misconceptions surround the process, resulting to many people having...
Many factors can cause probate delays and anticipating these can help manage expectations for how long the probate process might take and, if possible, allow involved parties to develop strategies to avoid them or at least minimize their impact to the timeline. Here...
