5 Reasons 30-Year-Olds Need an Estate Plan

When we’re in our thirties, or even younger, we often don’t consider what it really means to have an estate. We think estate plans are about passing down vacation homes and divvying up inheritances, not the very real planning that protects loved ones and ourselves from unforeseen accidents, or the documents that help you start college funds for your [...]

By |2017-08-31T13:05:21-07:00April 19, 2017|

Protect Your Estate with Property Control Trusts

As you create your estate plan, you will likely form an idea of how you’d like your beneficiaries to use — or not use — their inheritances. For instance, perhaps you’d like your daughter to use part of her inheritance specifically for college, or maybe you’d like to safeguard against a beneficiary you’re worried would injudiciously spend their inheritance. [...]

By |2017-08-31T13:09:22-07:00February 17, 2017|

Survey: 72% of Americans Do Not Have an Up-to-Date Will

A new survey is highlighting just how few Americans have a basic estate plan, with findings that suggest 63 percent of Americans have not created a will, while 9 percent have an outdated will, which can be as ineffective as not having a will at all. The survey grouped its respondents by age, starting at 18, and found that, unsurprisingly, [...]

By |2017-03-22T13:24:18-07:00July 13, 2016|

3 Steps to Planning for Your Initial Estate Plan

A typical estate plan has a will, financial power of attorney, medical power of attorney, HIPAA authorization and living will. Your will is first and foremost the most important document you’ll create to make sure your estate and assets are distributed according to your wishes after you die. Even the most simple, supposedly straightforward wills include legal terms and technical [...]

By |2016-12-27T11:06:24-07:00May 31, 2016|

Estate Planning and the End of Life: Practical Matters

In recent posts we discussed estate planning as it relates to medical needs and to legal and financial considerations at the end of life. Here we’ll discuss ways to make sure everything is in place on a practical level. Staying Organized Once you’ve gone to all that trouble setting things up for your family in the best possible way, you’ll [...]

By |2016-12-27T11:06:29-07:00December 14, 2015|

Estate Planning and the End of Life: Legal & Financial Considerations

In a recent post we discussed estate planning as it relates to medical needs at the end of life. Here we’ll talk a bit about end-of-life financial and legal considerations. A Will: Simplest to Create You may not realize, but without a will you will “die intestate.” This means that the allocation of your resources will proceed according to state [...]

By |2016-12-27T11:06:29-07:00December 10, 2015|