My theme this month has generally been constant reminders for my clients and readers to keep their Estate Planning documents up to date. A frequently reviewed estate plan is important for everyone, but it is doubly important for those who have dependents with special needs. Special needs planning covers all of your bases: Finances, Public…
Category: Successions Law
Four Common Estate Planning Myths That Can Cause Long-Term Inconveniences
Estate planning is one of the most misunderstood areas of Succession Law. It is also one of the most predictable hiccups in a person’s legal roadmap. More often than not, we hear one of the following three statements at the mention of Estate Planning. “I’m too young.” “I don’t have enough assets.” “I need to…
What is a Living Will, and Why Does it Matter?
Unexpected, end-of-life situations can happen to anyone at any time. It may sound ominous, but it is a good reminder that there is always a reason to get your affairs in order. You may have already written your Will and think you have everything all squared away, but what about your Living Will? A Living…
You Have Been Named the Agent in a Financial Power of Attorney. What Next?
Our friends and family will make a lot of big requests of us in our lifetimes. Maid of Honor. Best Man. Godparent. Another, slightly less exciting, responsibility is when you are named as the agent in a Financial Power of Attorney. This is a huge responsibility, but it doesn’t have to be as intimidating as…