If you have a child, then it’s a good idea to have a minor guardianship. This legal guardianship should be established to make sure that your child will have a guardian in the case that you can no longer care for them or pass away. Usually, in two-parent households,...
Estate Planning
Estate Planning
A business succession plan is crucial to good estate planning
You might be feeling a sense of relief after completing your will, powers of attorney, advanced life directives and other instruments of estate planning. However, if you are the owner of a company or small business, you will be remiss in your duties without first...
Estate planning during pregnancy
Pregnancy is a magical time for you and your partner. You can enjoy the anticipation of meeting your newborn child, and prepare for an exciting future. However, you'll also likely have some fears about the future along with hope and excitement. You may start to find...
You can plan to protect your farmland from creditors and taxes
As a farmer, your land is your most valuable possession. While farm machinery is also quite valuable, it is worthless without property. Whether you are the third generation of your family to work this land or are the first member of your family with a passion for...
3 common reasons that people challenge someone else’s will
Maybe you recently got to read your loved one's will, which is when you realize they completely disinherited you. Perhaps you are in the process of planning your own estate and worried that someone might try to undermine your legacy. Understanding when someone can...
Questions to answer when creating your first will
There’s a lot that goes into creating your first will, but once you’re done you’ll feel much better about your future. While no two people take the same approach to estate planning, there are some steps everyone should take when creating their first will. Before you...
An estate plan can avoid sibling disputes
Writing an estate plan isn’t just something that you do for yourself. It’s something that you do for your family. You need to put them first. The plan can help to make things go smoothly, and it may even help your heirs avoid disputes. These disputes are common...
Pregnancy is the perfect time to start estate planning
Most people associate estate planning with the later stages of life. Even those in their 30s, 40s and 50s might find excuses to continue delaying this important process. The truth is that anyone with major assets or dependent family members really should look into...
Now is a good time to talk about setting up a power of attorney designation
One of the most important things that you can do in your estate plan is to add a power of attorney designation. Creating a power of attorney is an essential step toward creating an estate plan that is effective and that can be carried out in the future. Remember, if...
Is it time to update your will?
As you create a will, you’ll slowly begin to realize just how many benefits it’s bringing to your life. From the peace of mind to the ability to outline what happens to your assets upon your death, you can make a lot of headway with your estate plan by taking this one...