Posts Tagged ‘will’
How Does Estate Planning Help Protect those with Mental Health Struggles
It’s important for individuals with mental health issues to work closely with experienced estate planning attorneys and mental health professionals who can provide guidance on creating a plan that addresses their unique needs and circumstances.
READ MORE →Does Arizona Recognize Handwritten Wills?
In Arizona, a handwritten will, also known as a holographic will, can be considered valid under certain conditions.
READ MORE →Chronic Illness & Estate Planning
Sean Connery passed away in his sleep at age 90 after suffering from dementia. One in three seniors dies with Alzheimer’s or another dementia, according to the Alzheimers Association. “He was a model of a man. It is going to be very hard without him, I know that. But it could not last forever and…
READ MORE →Guest Post: Financial Mistakes to Help Seniors Avoid After the Death of their Spouse
Seniors who have lost their spouses are going through the process of grieving, but life around them continues to move forward. As nice as it would be for them to focus on adjusting to life without their spouse by their side, there are various financial matters they must face. During such an emotionally charged time,…
READ MORE →Don’t Leave Your Health & Welfare Decisions in “Jeopardy”
When Alex Trebek announced his cancer diagnosis, my first thought was that I hoped he had taken care of his legacy planning so he could concentrate on beating his disease and spending quality time with his family.
READ MORE →6 Estate Planning Myths Debunked
US News and World Reports wrote an excellent blog post detailing the six most common estate planning myths. I thought I would share the list with you because it is a great overall reference: A will is perfect for making sure property in your name alone is distributed properly, such as a house, jewelry, cars etc.…
READ MORE →Estate Plan: Party of One
Estate Plan: Party of One We often hear how hard it is for clients to choose from various family members to execute an estate plan, but what if you are single and without children (at least nearby)? “About 35.4 million Americans lived alone in 2016, comprising 28.1 percent of all U.S. households, according to the…
READ MORE →Happy Mother’s Day: Celebrate, then Plan
You’ve made brunch reservations and bought flowers. The kids have made a special card and you bought her favorite perfume or other special gift. Mother’s Day is special because Moms are special. What would we do without them? What would we do without them? Whether they have been Moms for 1 year or 41 years, their…
READ MORE →4 Reasons: Estate Planning is a Final Act of Love
Very recently, a close friend’s wife lost her Father. Though his health was not the best, his decline was rapid and unexpected. The family, particularly her Mother, struggled to make choices that honored him, their culture and other family members’ suggestions. To put it plainly, it was chaotic, stressful and unsettling. With Valentine’s Day approaching…
READ MORE →DIY Estate Planning: Have You Really Taken Care of Everything?
Just this week I visited a man (let’s call him “Rick”) in the ICU. What started out as a nice spring motorcycle ride with his buddies, turned into a life-threatening accident when Rick suddenly lost control of his bike. He was rushed to the nearest trauma hospital and after a few surgeries, he woke up…
READ MORE →Why Your 18 Year Old Needs a Will
You may have noticed we are pretty passionate about making sure our clients are properly prepared. We like them to get rid of the worry so they can go out and live life to the fullest without concern for “what if?” Some money advisors, including the Wall Street Journal and the New York Planning News,…
READ MORE →Probate Series (Part 1): What is Probate
Probate is a court supervised process that takes place after someone dies. The word “Probate” derives directly from the Latin verb probare, which means to try, test, prove, or examine. It is the first step in the legal process of administering the estate of a deceased person, resolving all claims and distributing the deceased person’s property…
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