Advanced Healthcare Directives: Planning for Future Healthcare Decisions
None of us likes to think about a situation where we could become incapacitated and unable to make decisions about our own healthcare. However, setting up legal documentation through advanced healthcare directives is the best way to ensure your medical wishes are followed if you can’t make decisions for yourself. With a proper healthcare directive […]
DIY Estate Planning
Estate planning is a crucial process that involves the preparation of tasks that serve to manage an individual’s asset base in the event of incapacitation or death. The planning includes the bequest of assets to heirs and the settlement of estate taxes. Many people consider doing this themselves, often referred to as DIY (Do-It-Yourself) estate […]
Second Marriage Estate Planning Is Important
Updating an estate plan upon a second marriage is important. Second marriage estate planning ensures that if both spouses want, they can make arrangements to have their new wife or husband provided for from the assets of the estate. As always, whenever important life events happen such as marriage, divorce, when you buy a new […]
Responsibilities of a Personal Representative
A personal representative, or an executor, refers to an appointed individual charged with the responsibility of managing the person’s estate. This represents a huge responsibility for the executor, even for seemingly modest estates. As the personal representative, they will be required to take care of the details of finalizing the estate after you have died. […]
