Who are you going to call? As we get older it is often recommended that we go to an estate attorney to prepare a will and other estate documents. Scary terms are thrown around like probate, estate taxes, trusts, per stirpes and statutory. We know that we want to take care of our family and other loved ones after we are gone, but what is the difference between an Estate and … [Read more...]
Durable Power of Attorney – What Authority Are You Giving Your POA?
Yes, You Can Limit Financial Decisions As we age, we are faced with issues that need our attention. We know that our wills and health care directives need to be in place. We need to have all our important documents available to our loved ones to avoid problems that we can no longer address ourselves. One of the easiest documents to provide is the Durable Power of Attorney … [Read more...]
Keep Financial and Investment Information in One Place
The Value of an Estate Book We all know how difficult losing a loved one can be. For survivors, this grief can be compounded by frustration if the affairs of our loved one is in disarray. One way you can ensure family and friends do not experience this frustration, is to set up an Estate Book for yourself. Your Estate Book is a record of all your financial and investment … [Read more...]
Financial Durable Power of Attorney is Critical for Parents Care
It allows you to pay your parent’s bills My father and I had spoken several times about my role as financial durable power of attorney for him and for my mother. But when he went into the hospital in November of 2014, I discovered the papers had never been signed or notarized. (Jump to Lessons Learned) As the child in closest proximity, dad had asked me to take on the … [Read more...]