When is a Good Time to Start Estate Planning?
Unfortunately, a sudden onset of illness or debilitating accident has the potential to cut any life short. If you pass away without a will, you may not be able to provide for your family’s future or control what happens to your businesses. Everyone can benefit from proper estate planning, regardless of their age or health condition. If nothing else, planning…
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Can Children Seek Guardianship Over Their Parents if They are Unable to Take Care of Themselves?
Aging is a natural process. However, it can be difficult for the children of elderly people to watch their parents enter the later stages of life. While many older people can manage their daily routine without a problem, others unfortunately lose the ability to properly care for their own well-being. When this happens, adult children may wonder what their legal…
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Changing a Revocable Trust
How Do You Change the Name of a Revocable Trust? https://www.youtube.com/watch?v=EpZfT1NuDEE Generally, you change the name of a revocable trust through the formal amendment process. A trust can be amended to modify the substance of the trust (how it works, who it benefits, who serves as trustee) or it can be modified to change the formalities of the trust itself.…
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What is the Best Way to Ensure My Children Inherit My Home?
For most people, their largest and most valuable asset is their family home. A house can represent a lifetime of memories spent with children and grandchildren, so it is understandable that a person would want to ensure it remains in the family after they pass away. To accomplish this goal, it is crucial to have a detailed estate plan that…
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How Has COVID-19 Affected the Need for Estate Planning?
The spread of COVID-19 has changed the daily lives and routines of people all over the world. The pandemic has also made it necessary for people to take stock of their present and future. Although it is a difficult topic to confront, you should consider what may happen to your family and property if you become seriously ill or pass…
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