Some common questions about estate planning are answered below. Keep scrolling for more in-depth articles on a variety of estate planning topics.
A document known as a Last Will & Testament details your instructions for how you want your assets to be given away upon your death, whether to people or organizations. It also appoints someone to distribute your assets. Without it, your assets may fall into the hands of people whom you do not intend to receive your property. Learn more here.
A Power of Attorney is a powerful tool in your estate planning "toolkit". It authorizes someone of your choosing to handle your affairs on your behalf when it is inconvenient for you, or when you are not capable due to sickness or incapacity. If you are incapacitated without a Power of Attorney, bills may go unpaid or medical professionals may have to guess about your intentions for your healthcare. Learn more here.
The term "Probate" simply refers to the orderly process of administering a deceased person's estate with the authority of law given by a court. This process allows for your executor to distribute your assets. The counsel and guidance of a knowledgeable attorney is recommended in order to properly navigate the process. Learn more here.