Helping Our Clients Address A Variety Of Legal Needs
As you likely know, a comprehensive estate plan includes a will, trusts, power of attorney and advance directives. And if you have all of those in place, you are to be commended, as most Americans have not created an estate plan. But in today’s modern world, many of...
What would happen if you were no longer able to care for yourself or make decisions on your own? This could happen through old age or if you suffer from an injury or medical condition. You likely have some idea as to how you would want to be cared for. But, how would...
Creating an estate plan is one of the most essential things every adult must do. However, it is not only having an estate plan that matters but also keeping it up-to-date to ensure it always represents your current wishes and life circumstances. There are times when...
Making an estate plan gives you a chance to choose a guardian for your child. Ideally, this person will never actually have to take on this role and raise your child in your stead. But choosing a guardian gives you peace of mind and sets up a secure future for your...
You can include a trust in your estate plan to protect your assets from misuse, challenges, probate and estate taxes. With the right trust, you could decide whether beneficiaries have limited access to funds. One such kind of legal document is an incentive trust. An...
Every adult should draft at least a basic estate plan. Certainly, considering one’s own mortality is never pleasant, but these responsibilities are part of the mantle of adulthood we all assume. As you move through the stages of life, you should also adopt your estate...
Millennials in North Dakota and around the country are putting off writing wills and creating estate plans because they are under economic stress. This was one of the conclusions researchers from an online financial planning platform reached after asking almost 15,000...
At any time, you can update your estate plan. It is often recommended to update an estate plan every three to five years. However, there may be occasions when you need to alter your estate plan sooner than this. Here are a few reasons an estate plan may be altered: ...
Some of the most consequential decisions you’ll make as you develop your estate plan involve choosing the people who will have authority to manage your affairs, both after your death and if you become seriously ill or injured and unable to speak or make decisions for...
Your final will is a critical part of your estate plan, allowing you to designate how your assets are distributed between your loved ones after you're gone. This usually results in peace of mind about end of life matters. Despite the power of a will, some things are...