While putting together an estate plan is important for you and your loved ones, it is equally important for you to understand the role of the trusted individuals who will be carrying out your wishes when you are unable to. When it comes to estate planning, these helpers are key. They generally include a trustee, […]
Below are 11 of the most common mistakes found in estate plans: 1) Lack of Healthcare and Disability Planning. The majority of deaths occur in hospitals or other institutions. Patients may be incapacitated to the point where they can no longer communicate their healthcare wishes. Advance Directives and a Medical Power of Attorney can identify […]
Unfortunately, sometimes a death in the family can bring out the worst in people. Indeed, family resentments sometimes simmer during a time of grieving – particularly when money and assets from the deceased’s estate are involved. If you are a beneficiary under a loved one’s estate plan, you may be under the assumption that those […]
It is common for many celebrities to pass away without an estate plan. Unfortunately, the Queen of Soul, Aretha Franklin is the most recent celebrity to join this group. Ms. Franklin passed away on August 16, 2018 at the age of 76; she was a phenomenal singer who commanded the world’s R-E-S-P-E-C-T. Ms. Franklin had […]
