Month: August 2022
How to choose a power of attorney
A Power of Attorney plays a very important role in your estate planning. The person you designate must act in your best interests and can make decisions on your behalf should you become incapacitated. Choosing the right person for this role can be difficult. This...
Important estate planning documents other than your will
There is a lot more to estate planning than writing out your last will and testament. If you want to ensure your heirs can follow out your wishes in the quickest and most effective manner after your passing, you will need to provide as much detail about your estate as...
When do federal estate taxes apply?
Whether you have already set up an estate plan or you find yourself in the early stages of the estate planning process, it is pivotal to take a look at estate taxes if you have significant assets. In fact, federal estate taxes could apply, depending on the value of...
How important is a power of attorney?
The idea of people using your money without your consent can feel like a major violation. However, this is what often happens during emergency situations when no power of attorney is in place. Your decision to name a power of attorney as part of your estate plan can...