Powers of attorney: What you should know when making your estate plans
Many people haven’t ever thought about what would happen if they become incapacitated, but this is something that deserves consideration. If you’re incapacitated, you’ll need someone who can pay your bills for you. You may also need someone to make health care...
Will I be reimbursed for executing an estate?
Executing an estate can take a considerable amount of your time. If you live out of the area, it will also require significant travel expenses. While you may consider it an honor when someone asks you to execute their estate, you may prefer to spend your time and...
Dealing with a house in probate
If you are the executor of an estate, what must you know about real estate and probate of the estate? Much depends on whether the decedent had the foresight to place the property into a joint tenancy or a trust. Failing that, there are some specific steps to take in...
What does it mean to fund a trust?
A trust is an estate planning tool that makes it easier for you to pass assets down to your heirs. When you create a trust, you can place stipulations on who will receive the assets and when they will get them. One thing that you must remember, however, is that trusts...