In the world of finances, the law, and incapacity planning, you are typically “incapacitated” if you are unable to manage your finances and day to day business affairs. Regardless of whether you have participated in the estate planning process, incapacity planning is an important element. If you become incapacitated for a period of time or permanently, you will need trusted helpers to act on your behalf. If you’ve done estate planning, you get to choose your trusted helpers and give them … [Read more...] about Incapacity Planning: Why You Need Two Agents
What Does My Trust Say?
What does my revocable living trust say? If you’re like most people, you were surprised by the stack of documents at your estate planning signing meeting. Even though your trust is written in plain English (to the extent possible) and your estate planning attorney walked you through each article, you are still bound to have many questions. Herein, is a brief synopsis of typical trust provisions. The basics Every revocable living trust will have provisions creating and naming the trust … [Read more...] about What Does My Trust Say?
What to Expect When Creating Your Estate Plan
When you’re beginning your estate plan, you may have questions about how the entire process will work. It’s important to note that estate planning is not something that can be done overnight. You will work alongside an estate planning attorney to create a plan that fits all of your estate planning needs. Take a look at the information below to learn what to expect during the creation of your estate plan. Before starting your planning, your attorney will give you several planning sheets that … [Read more...] about What to Expect When Creating Your Estate Plan
