Estate Planning

Assigning A Guardian for a Child or...

A legal guardian is someone who is appointed by the court to take responsibility for another person, known as a "ward." A ward can be either a child or an adu.... Read more

Why Is a Will Important?

If you own property and assets, you may want to have a will. That way you, rather than your state government, can decide who gets your property and assets whe.... Read more

What Happens When You Don't Have a ...

If you own property at the time of your death, your will provides instructions on how it should be distributed. If you don't have a will, the state distribute.... Read more

Guardianship & Conservatorship

Assigning A Guardian for a Child or Adult

A legal guardian is someone who is appointed by the court to take responsibility for another person, known as a "ward." A ward can be either a child or an adult who for some reason cannot manage his own affairs. Although you can appoint a guardian in your will, the probate court is not obligated to accept your choice. If You Don't Name a Guardian, the Court Will Do So There i... Read More

Wills & Probate

Why Is a Will Important?

If you own property and assets, you may want to have a will. That way you, rather than your state government, can decide who gets your property and assets when you die. In most cases, wills are written legal documents, but some states do recognize other types of wills. The legal requirements of each state can vary, so it's essential that your will is drafted and executed properly. ... Read More

Estate Planning

Estate Planning Gives You Peace of Mind

A basic estate plan addresses what happens to your property and your children when you die. But estate plans can go even further. They can also plan for your incapacitation, such as if you're in an accident or become ill and can no longer take care of your own affairs. Estate plans are not a single document, but a whole collection of documents that you put together to deal with a varie... Read More

Power of Attorney

The Different Between a General and Limited Power of Attorney

A financial power of attorney (FPOA) gives someone else - your agent or attorney-in-fact - the right to make financial decisions and transactions on your behalf. When you sign an FPOA authorizing this power, you become the principal. As the principal, you have the right to decide exactly what powers you're granting, when you want them to take effect, and how long you want them to last.... Read More

Trusts Planning

What Is the Purpose of a Trust?

There are many types of trusts, but irrevocable and revocable trusts are the most common. An irrevocable trust involves giving up control of your assets during your lifetime. You name a trustee who manages the trust and the assets you place in it. You can manage a revocable trust yourself. One might be more suitable for you than the other, depending on what you're trying to achieve. ... Read More

Additional Estate Planning Topics

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