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estate planning Archives

How to discuss a parent's estate plan

Every relationship between parents and their adult children is different, but one thing may always remain awkward no matter how close (or distant) they may be. Broaching the topic of estate planning can just as troubling for adult children as talking about sex was for their parents. Despite how uncomfortable it can be for both parties, there is a method to the madness, and we will give some helpful tips through this post.

Leaving a legacy of life with organ donation

Whether or not you decide to leave part of your body to someone else is an intensely personal decision. If you're already considering estate planning and other matters, then you might want to put some thought into organ donation. Just as the physical assets you've accumulated through your life can be left to help your friends and family in the future, your organs can be left to provide someone else with a chance at life.

Remarriage may mean revisiting estate plans

These days, many individuals consider marrying more than once a relatively common occurrence. You may have had one marriage end in divorce only to later find a new love and tie the knot once again. While second or additional marriages can often bring a new sense of happiness to a person's life, you may want to consider how remarrying could potentially affect your estate plans.

Think of your estate plan as a plan for your family's future

In all of our posts, we discuss various aspects of the estate planning process. We know that some people think that getting the plan together is a difficult process. These people don't realize that we are here to make the process as painless as possible.

Let your loved one's know what you want with advanced directives

While it is impossible to know what the future will bring, it is possible to do your best to plan and be legally prepared for all the "what ifs" that may come your way. This is something that can take time, but is achievable with the help of an experienced estate planning attorney.

What you need to know about living revocable trusts

A revocable trust, or living trust, can be a helpful tool for estate planning if you don't want to lock yourself into legal arrangements for life or if you're looking to protect some of your assets while you're still alive. Trusts can be tricky, though, so it helps if you know what you're dealing with before you get into the nitty gritty. Here are a few facts worth knowing if you might consider trusts in the future.

How a vacation home fits into your estate plan

After years, maybe decades, of saving and planning, you were finally able to afford a vacation home. Now your children bring their children to spend summers with you on the lake or at the shore. It seems like a dream come true to have your family taking pleasure in this special place. You take pride in knowing you have created this getaway for them, and you want to make sure this treasured asset remains in the family after you are gone.

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