A financial power of attorney or power of attorney for healthcare can be an extremely beneficial addition to your estate plan. Both of these documents can make a big difference in your life, if you’re ever unable to make your own decisions. Not having a power of attorney has risks. Take a look at some of the information below to learn more about the importance of a power of attorney. If you become incapacitated risks are realized: Without a financial power of attorney, your family will … [Read more...] about The Risks Associated with NOT Having a Power of Attorney
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Choosing The Right Representatives
People who are planning for the future have a lot of important decisions to make, and if you are going to use a last will to transfer your assets one of these decisions will involve the selection of an executor or personal representative. Stating your wishes in writing is one thing, but there are hands-on tasks involved in carrying them out. This is the job of the executor. Some people think about the role of executor as someone who breaks the news to the family regarding the wishes of the … [Read more...] about Choosing The Right Representatives
What a Will Can and Can’t Do
A will is an important estate planning document. Before creating a will, it’s important to take the time to understand what a will can and can’t do. To learn more about how a will can help you achieve your estate planning goals, take a look at some of the facts below. If you want to create a will, meet with an estate planning attorney. What can a will do? Creating a will allows you to name an executor who will be responsible for handling your estate’s affairs. This includes gathering, … [Read more...] about What a Will Can and Can’t Do
Must Have Estate Planning Documents that Prepare You for the Future
Are you thinking about starting your estate planning? If so, there are many estate planning documents that you will want to consider adding to your plan. With the right documents in place, you can prepare yourself for the future. If you have any questions about the use of these documents, or if you’d like to begin your estate planning, meet with an estate planning attorney. Living will This document allows you to spell out your medical wishes. This includes the types of medical treatment … [Read more...] about Must Have Estate Planning Documents that Prepare You for the Future
South Carolina College Savings Plan Options (part 2 of 2)
Taking advantage of a college savings plan can be a great way to help your child reach his or her educational goals. If you’re a South Carolina resident, you may be looking for the best savings options. Take a look at some of the information below to learn more about possible college savings plans. If you need help deciding on your college savings plan choices, meet with an estate planning attorney. This is blog post will discuss the Future Scholar 529 College Savings Plan. Unlike the … [Read more...] about South Carolina College Savings Plan Options (part 2 of 2)
South Carolina College Savings Plan Options (part 1 of 2)
Many South Carolina residents decide to invest in a college savings plan in order to help fund their child’s future college expenses. The state of South Carolina offers different plans to make the savings process easier on you. If you’re thinking about taking advantage of a college savings plan, take a look at the information below to learn more. If you have any questions about choosing the best college savings plan for your individual needs, meet with an estate planning attorney. This blog … [Read more...] about South Carolina College Savings Plan Options (part 1 of 2)
No Estate Plan? What if You Were to Die Tomorrow?
Without an estate plan, you may be unprepared! What if you were to die tomorrow? That question probably got your attention. While it can be upsetting to think about difficult questions regarding death, disability, and illness, these questions can help you to realize your estate plan’s importance. Ask yourself the following questions! If you’re ready to take the leap by creating your estate plan, meet with an attorney as soon as possible. Do you have specific wishes for the future? What … [Read more...] about No Estate Plan? What if You Were to Die Tomorrow?
Estate Planning Tips for Parents with Young Children (Part 2 of 2)
Parents with young children need to take extra care to make sure that they have an effective estate plan in place. This will ensure that their children are always protected. Our previous blog entry discussed some important planning tips for parents. We’ve taken the time to compile additional tips. If you have any questions about the below information, or if you’d like to begin your planning, meet with an estate planning attorney. Discuss your planning with your loved ones. It’s a good idea … [Read more...] about Estate Planning Tips for Parents with Young Children (Part 2 of 2)
Estate Planning Tips for Parents with Young Children (Part 1 of 2)
Many parents with young children don’t understand the full importance of estate planning. An estate plan not only protects you and your assets, but it can also serve as a way to protect your children. There are certain estate planning steps to follow in order to make your plan effective and allow you to make sure that your children are always cared for. Take a look at some of the tips below. If you have any questions, meet with an attorney. Cerate a will and designate a guardian. While … [Read more...] about Estate Planning Tips for Parents with Young Children (Part 1 of 2)
How to Choose Trusted Helpers for Your Estate Plan
While taking the time to create your estate plan, you will have to carefully decide on trusted helpers. These helpers have different responsibilities and each will help you either during your lifetime or after your death. If you’re having trouble deciding on trusted helpers for your estate plan, take a look at some of the tips below. If you have additional questions or if you want to create an estate plan, meet with an estate planning attorney. Choosing a trustee or executor When choosing a … [Read more...] about How to Choose Trusted Helpers for Your Estate Plan
