How can I incorporate leaving property to stepchildren into creating my estate plan?
it is very important to create an estate plan that leaves clear instructions on your wishes especially regarding stepchildren.
Do I lose the right to make decisions if I hire an attorney to administer the trust?
Hiring a lawyer does not mean I lose the right to make decisions in the trust if you are a trustee. Find out what it does mean and whether it is something you should consider.
Springing Vs. Durable Powers of Attorney: Five Reasons to Think Twice
When creating an estate plan involving powers of attorney, many will consider springing vs. durable powers. Learn more about these two powers here.
Don’t Forget Income Taxes During Trust Administration
During a trust administration, trustees may be responsible for filing federal income tax returns for the trust. Trustees must understand when this tax is due.
How to Help a Loved One With Mental Illness Create an Estate Plan
Can a loved one with mental illness create a valid estate plan? It is possible. Find out why and what you should do if your loved one suffers from mental illness.