Should I Sign a Living Will?

Brian finally decided to sign a Will. As he chatted with his estate planning attorney, they discussed other documents that typically make up a complete estate plan: a durable power of attorney and health care power of attorney or health care surrogate designation. They also discussed optional documents, like the Living Will. Brian was left wondering, though, why he would need to sign a living Will if he had already Read More

Estate Planning for the Single Adult

Esther shrugged as she read the headline, 4 Common Estate Planning Errors and How to Avoid Them. She didn’t bother to read the article. Esther thinks because she is young, single with no kids and a modest bank balance that she does not need an estate plan. Esther is wrong. Even single adults – young or not-so-young – need to do their estate planning. A Simple Will. Most adults own something – a car, furniture and Read More

How and When to Revoke Estate Planning Documents

People may want to revoke their estate planning documents for a number of reasons. Perhaps you’ve become estranged from the friend or family member you named as your personal representative or agent. Or you’ve decided to give your estate assets to a new set of beneficiaries and want the change to happen now. Knowing how and when to revoke estate planning documents can save you some time and stress. How to Revoke Read More

New Year’s Resolution – Time to Update My Estate Plan

New Year’s is a time of reflection. It’s a time to think of the happenings of the past year and look forward to life ahead. While you’re in a contemplative mood, make updating your estate plan a primary New Year’s Resolution. What Do I Need to Update? The past year may have dealt you some major life events. Births and deaths, marriages and divorces could all lead to changes in your estate planning documents. Even Read More

How Divorce Affects Your Estate Plans

Divorce rates for people age 50 and older are rising. In fact, the divorce rate for people over age 65, nicknamed “gray divorce”, has almost tripled since 1990. Going through a divorce causes cataclysmic changes in every aspect of a person’s life, including where they will live and what possessions they will keep. Divorce even affects estate plans from the moment the divorce petition is filed until the ink dries on Read More