When you are doing your estate planning, making medical decisions is one thing that you want to keep in mind. This isn’t all about money and assets. One document that people sometimes used to do this is known as a DNR order, where DNR stands for “Do Not Resuscitate.”...
Estate Planning
You may need to consider a pet trust
If you’re doing your estate planning, you’re probably mostly focused on your heirs and your assets. But it’s always important to remember that estate planning is about much more than this, and those with a pet may want to consider setting up a trust for this beloved...
What exactly is a power of attorney?
As you develop your estate plan, you’re going to hear and see a lot of new terms – some more than others. If you have experienced legal guidance, you don’t fully have to understand them all. However, it’s wise to know what some key terms mean. One of these terms is...
Estate planning is about much more than money
There are many misconceptions in circulation about estate planning. People can be put off of the subject over the perception that it is morbid. Younger people commonly think that they don’t need to think about it yet. Even a significant number of individuals over the...
3 myths about estate planning
It’s important to plan for the future, not only for you but for your family's sake. That’s why many people plan their estate, allowing their families to inherit their assets and more. The only trouble with estate planning is that many people have the wrong idea about...
Choosing the executor of your will
A will is a vital component of any estate plan. This document outlines how your assets will be divided upon your death. You may also have provisions in place for who will care for your minor children if something happens to you. The person who is tasked with ensuring...
2 tips to chose a guardian for your child
When you create an estate plan, looking after your children's needs will be a key part. You have a legal responsibility for them until they turn 18, and if you were to die before they turn 18, they need someone to look after them. They also cannot inherit until that...
Organ donation and estate planning
As you delve into the estate planning process, one of the things you can consider is whether you want to be an organ donor. Even if you designated on your driver’s license that you wish to donate your organs upon your death, you can be more specific if you choose to...
How you split your estate may lead to hard feelings
One of the most important things you have to do as an adult is to set up your estate plan. This enables you to leave instructions about who’s getting which assets from you. For people who have a complex family dynamic, figuring out how to set everything up might take...
2 ways to protect yourself from abuses of powers of attorney
Testators who add documents beyond simple wills to their estate plans can better protect themselves against whatever the future might hold. Planning not just for your death but for possible future medical issues is a wise choice. Powers of attorney help protect you...
