You think of writing a will as a way to leave your assets to your children. But have you ever stopped to consider whether or not they even want those assets? Consider the case of one parent who asked their daughter what she wanted. All of the assets were up for grabs...
Month: June 2020
Need someone else to handle your affairs? Try a power of attorney
When you think of a power of attorney, you probably imagine the person who will take care of your affairs by paying bills after you go to a nursing home or when you’re sick in a hospital. This is not the only kind of power of attorney, though. In fact, there are...
Do you need to put your debts in your will?
You’re writing a will and adding up all your assets. While taking a look at the financial details, you realize just how much you have in debt. Do you need to put those debts into your will or any other part of your estate plan? You do not. The debt does not pass to...
