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

Your Health Care Surrogate: Where Authority Starts and Ends

People tend to like their privacy when it comes to medical care. So, it may be difficult to think of appointing someone to make medical decisions for you, but it’s an essential part of your estate plan. If you are asked to serve as someone’s health care surrogate, though, you need to know where your authority starts and where it ends. Let’s consider Arthur and his best friend, Sid. Both are widowers and have 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