What is a guardianship, and when does it come into effect? A guardianship is a legal designation for a situation where a person is deemed to be incompetent by a Court, and a trusted individual has been appointed by the Court to manage their affairs on their behalf....
If you’re a hunter, you enjoy recreational shooting, or have family heirloom guns in your collection, you should consider whether your estate plan includes adequate measures for passing on your guns. Without proper planning, your executor or beneficiaries could...
Early in 2022, Caring.com released the results of their annual Wills and Estate Planning Survey. There are multiple interesting data points in this survey, so let’s take a look at some of the highlights. 2 out of 3 American Adults Do Not Have a Will Even after the...
In the 2022 Caring.com Wills and Estate Planning Study, inflation is listed as one of the main fears of American adults in how they view their personal finances. When inflation goes up, people tend to perceive their savings and other financial assets as being less...
Making financial gifts to your grandkids can be a great way to help your descendants get a good start in life. Depending on the size of your estate, it may also be a tool to maximize gifts to your heirs while reducing the taxes due upon your death. Before giving, be...
When preparing to create or modify estate planning documents, many clients are at a loss for where to begin. There are so many questions that pop up once you start the process that it’s easy to become overwhelmed. When you’re getting ready to meet with your estate...
It’s easy to forget even big things in the hustle and stress of moving. There’s a lot to think about, and probably at the bottom of your Moving To-Do List is updating estate plans. But once you’re settled in your new location and everything’s finally unpacked, set...
Charitable gifts and donations can be a great way to extend your legacy. While drafting or revising your estate plans, consider whether you would also like to leave a donation or bequest in your Will or Trust. There are multiple ways to make this happen. Donations and...
After the nightmarish year of 2020, many American adults still do not have even a basic simple Will. According to surveys conducted by Caring.com, middle-aged and older adults are still less likely to have a Will or Trust now (2021) than a year ago. An interesting...
In a world gone increasingly remote, managing your digital assets has become an even more important part of estate planning. From email accounts, to digital photos, and cloud-based storage, almost everyone owns some kind of digital asset. Terms-of-service agreements...
