HOW DO I UPDATE MY BENEFICIARIES WITH FINANCIAL INSTITUTIONS?

Some of your assets will not be transferred to beneficiaries based on the instructions in your will. This includes things like:  For these assets, you need to provide instructions directly to the financial institution. Contact the financial institution that manages each account to request the correct form or method to update your beneficiaries. For example,Continue reading “HOW DO I UPDATE MY BENEFICIARIES WITH FINANCIAL INSTITUTIONS?”

WHAT DO MY DECISION-MAKERS DO?

Your decision-makers will be responsible for ensuring your plan is followed and your wishes are honored.  Here’s a description of the types of decision-makers in an estate plan: If you would like help creating an Estate Plan, please reach set up a free consultation here. If you are an existing client and have a specificContinue reading “WHAT DO MY DECISION-MAKERS DO?”

WHO ARE YOUR DECISION-MAKERS?

Decision-makers are those who will make decisions for you when you cannot make them for yourself. These decision-makers are needed if you become disabled or when you die. Take the time to determine who decision-makers are early in the process to prevent delay. Prior to your consultation, we recommend determining both your primary and back-upContinue reading “WHO ARE YOUR DECISION-MAKERS?”

What Does An Estate Planning Package Include?

An Estate Plan includes multiple documents that apply to various scenarios. A will describes your wishes for your property. A trust, which can be helpful if you have children or if you wish to avoid probate, is flexible and protective of your loved ones. An advanced health care directive specifies the type of care youContinue reading “What Does An Estate Planning Package Include?”

Hiring an Estate Planning Attorney to Create a Living Will is One of the Most Important Gifts You Can Give Your Loved Ones

When people think of estate planning, if they think of it, they think about wills and maybe trusts or where one’s property will go at one’s death. Making sure that your property is handled according to your wishes in a way that blesses your loved ones is very important. However, arguably even more important isContinue reading “Hiring an Estate Planning Attorney to Create a Living Will is One of the Most Important Gifts You Can Give Your Loved Ones”