In an attempt to do their own mini-estate plan, many people add their children’s or grandchildren’s names to financial assets. These assets could include saving accounts, checking accounts, Christmas club accounts, CDs, life insurance policies, annuities, U.S. Savings Bonds, etc. …
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Wills Guarantee Probate
“Dad’s (or Mom’s) will says I am the sole beneficiary. I took the will to the bank, but the bank refused to give me my money. Why won’t the bank give me my money, when Dad’s (or Mom’s) will says …
Medical Decision Making for young Adult Children
If you have any adult high school or college aged children, they are responsible for making their own medical decisions. Children become legal adults at age eighteen when they miraculously gain all the wisdom and insight of adulthood. At age …
Protecting Your Baby
If something happened to you and you were unable to care for your minor children, what would happen? If you became incapacitated or died, who would take care of your children, where would they live and who would make medical …
How to Leave an Inheritance to a Child
When you want to leave an inheritance to your children after you are gone, you usually just leave outright distributions to them. However, when you leave outright distributions to your children, those bequests are fully available to your children’s lawsuits, …
Be Aware of Administration Costs
When you decide to have your estate plan prepared, it can be a stressful experience. You have to make decisions about what you want to happen to you if you became mentally disabled. You have to make difficult end-of-life decisions …
How to Protect your Property From Yourself
If you are like most people, you are concerned about what happens to your property after you become “old and funny.” You have worked hard your entire life to accumulate what you have and you want to make sure it …
Disability and Financial Powers of Attorney
Have you ever thought about what would happen to your real estate, bank accounts, investments and other property (your “stuff”) if you could not take care of them because of incapacity due to an accident, illness or injury? How would …