Do I Really Need a Will?

A will puts you in charge of directing others on your wishes and distribution of assets upon your death. Without a will or other estate plan – referred to as intestacy – you have no control and your state’s rules determine who gets what after your death. Even if you have a trust, jointly owned property, or have named beneficiaries on your insurance, a will is important, even as just a “backup” plan. Read More

5 Essential Legal Documents You Need in Case You Become Incapacitated

Comprehensive estate planning is more than your legacy after death, avoiding probate, and saving on taxes. Good estate planning includes a plan in place to manage your affairs if you become incapacitated during your life and can no longer make decisions for yourself. Without a comprehensive incapacity plan in place, your family will have to go to court to get a judge to appoint a guardian or conservator to take control of your assets and health care decisions. Read More

Why Should I Avoid Probate?

There are several reasons why you should avoid probate; however, in this post we will address the top 3 reasons. Many people mistakenly think that having a will avoids probate. Unfortunately, a will does not avoid probate, rather, it lets the family of the decedent inform the probate court of the decedent’s wishes. Here are 3 key reasons why you want to avoid probate if at all possible. Read More

How to Avoid Conservatorship and Guardianship

When a person becomes incapacitated and is unable to manage their daily affairs, documents in their estate plan can eliminate the need for conservatorship or guardianship court proceedings.

To avoid the government’s interference in a family’s business and personal affairs,  documents in their estate plan can direct a trusted person to carry out that individual’s wishes for the situation. Read More

Wills vs. Trusts: What’s the Difference?

If you’re confused about the differences between wills and trusts, here’s a quick list of four things that a Revocable Living Trust can do that Wills can’t, two things that Wills can do that Revocable Living Trusts cannot, and three things that both Wills and Revocable Living Trusts can do. Read More