Posts tagged with "Trustee's Responsibilties"
· April 03, 2023
The passing of Stephen “tWitch” Boss highlights the importance of estate planning. Without a will, his estate faces uncertainties and potential conflicts. Without a will, the fate of Boss's assets remains uncertain, creating potential conflicts and difficulties for his loved ones. This serves as a reminder to prioritize estate planning to protect your assets, honor your wishes, and secure your legacy. Learn more here:
· March 27, 2023
Avoid costly estate planning errors! This article explores three common mistakes that can disrupt your intended asset distribution. Learn about the importance of updating beneficiary designations, avoiding outdated documents, and conducting regular plan reviews. By sidestepping these simple missteps, you can safeguard your assets and ensure your loved ones are protected. Stay on track with your estate plan and achieve the peace of mind you deserve. Learn more...
· March 20, 2023
Ensure you receive expert guidance when hiring a lawyer for your estate planning needs. In our article, we provide the top 5 questions to ask before hiring a lawyer. Whether you're setting up a trust, creating a will, or designating powers of attorney, our guide will help you navigate the process with confidence. Don't leave your estate planning to chance. Read our article to find the right lawyer for your needs. Read more...
· March 13, 2023
Traveling can be a wonderful experience, but it's important to consider the unexpected before you go. One crucial aspect of preparation that's often overlooked is estate planning. This involves making decisions about your assets and finances in case of your incapacity or death. Having a plan in place before traveling is essential to ensure that your loved ones are protected, and your wishes are carried out. Don't overlook this important step in preparation for your travels. Read more...
· March 06, 2023
Your estate plan is an essential component of your financial well-being. But did you know that it's equally important to keep it up-to-date? Life is full of surprises, and failing to update your estate plan can have serious consequences. In this article, we'll explore why everyone needs to keep their estate plan updated and what can happen if you don't. Learn more...
· February 27, 2023
Are you the parent of a young adult? Do you know what your rights are regarding their medical care? In this article, we'll explore everything you need to know about your rights and responsibilities as the parent of a young adult in the event of a medical crisis. From legal considerations to medical decision-making, we've got you covered. Don't wait until it's too late – read on to ensure you're prepared for any situation. Learn more
· February 20, 2023
As a devoted parent, you work tirelessly to secure your children's future. However, your hard-earned assets could end up in the wrong hands due to government and lawsuit-happy opportunists. Don't risk your legacy. Learn how to protect your children's inheritance with legal tools and practical strategies. This article covers everything you need to know to safeguard your assets and ensure your children receive the intended inheritance. Take action now to secure your children's future. Read more
· February 13, 2023
You work hard to provide your family with all they need, and you want to be sure your estate plan protects them. Sometimes, that means getting the cheapest estate plan available. What could possibly go wrong? Many estate plans can be far more affordable than their competitors; however, a cheaper price doesn't always lead to a better deal. Find out how some cheaper plans could leave your family with unwanted mess and more costs in the future. Read more...
· February 06, 2023
As you age, your family dynamics can complicate your estate plans. To ensure your plan works when they need it, avoid assuming it will work perfectly. Instead, review and update it regularly, communicate openly with family, and seek professional help when necessary. With these proactive steps, you can be confident that your estate plan will work as intended, giving you peace of mind and protecting your assets, even in challenging circumstances. Learn more...
· January 30, 2023
Being a Trustee means taking on a wide variety of duties. Some are conditional on the confidence level between you and the other person, but some responsibilities are always the same. So, before agreeing to be a trustee, learning everything you can about the role is crucial. If you're considering becoming a Trustee, read this article beforehand. Learn more.