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Estate Planning

3 important roles to address in a thorough estate plan

On Behalf of Cooper & Cooper Law Offices, PLLC | Dec 28, 2023 | Estate Planning

Estate planning can be a very demanding process. People need to take stock of their current circumstances, including their financial situation and their relationships. Often, the primary focus is on the creation of testamentary documents so that someone's selected...

3 estate planning points for new parents to consider

On Behalf of Cooper & Cooper Law Offices, PLLC | Dec 1, 2023 | Estate Planning

New parents have a lot of tasks they need to take care of. These include the obvious things like buying diapers and feeding the baby. But, there’s something else they need to think about – setting up their estate plan. There are many things that you need to think...

How can you ask your parents about their estate planning?

On Behalf of Cooper & Cooper Law Offices, PLLC | Nov 13, 2023 | Estate Planning

You may be concerned that your parents haven’t done their estate planning. It’s very common for people to procrastinate, and the next generation may be worried that there isn’t a plan in place. If something unexpected happens, what can they do? As a result, you may be...

4 Powers of Attorney you might benefit from including in your estate plan

On Behalf of Cooper & Cooper Law Offices, PLLC | Oct 22, 2023 | Estate Planning

Estate planning can be essential in safeguarding your financial future and better ensuring that your wishes are always respected. To navigate this complex terrain effectively, you must be well-informed about the tools at your disposal. One such tool is a power of...

Revocable trusts ease the transfer of assets

On Behalf of Cooper & Cooper Law Offices, PLLC | Sep 29, 2023 | Estate Planning

A revocable trust is a flexible financial arrangement designed to manage assets during one's lifetime and efficiently distribute them after death. Having a revocable trust often bypasses the lengthy and costly probate process. This makes it easier to distribute assets...

Testamentary capacity and the ability to create a valid will

On Behalf of Cooper & Cooper Law Offices, PLLC | Sep 19, 2023 | Estate Planning

Too often, elderly people who have procrastinated in creating a will believe it’s too late to do so. They’re afraid it will be disputed because loved ones will claim that they were too “senile” to understand the wishes they documented.  In legal terms, such disputes...

How a power of attorney can protect people from guardianship

On Behalf of Cooper & Cooper Law Offices, PLLC | Aug 21, 2023 | Estate Planning

It is a well-known fact that many people experience cognitive decline as they age. Some older adults develop Alzheimer's disease or other medical conditions that cause dementia. Many others simply struggle to remain organized and to handle their responsibilities as...

6 questions to ask when making estate plans

On Behalf of Cooper & Cooper Law Offices, PLLC | Aug 16, 2023 | Estate Planning

Have you recently been asked if you have an estate plan? An estate plan is a series of legal documents that, essentially, instruct how your assets are handled after you pass away. Before you draft an estate plan, you may want to consider asking the following...

4 trusts to think about including in your estate plans

On Behalf of Cooper & Cooper Law Offices, PLLC | Jul 28, 2023 | Estate Planning

An estate plan gives you many opportunities to plan out what happens to your estate after your passing. While many people only create a will to instruct who should benefit from their estate, some people create trusts to provide their estates with more security. There...

Farmers have unique estate planning considerations

On Behalf of Cooper & Cooper Law Offices, PLLC | Jun 20, 2023 | Estate Planning

Estate planning is a crucial task for everyone, but it features unique complexities for farmers. In addition to personal assets, farmers must consider many other factors, including land, livestock, equipment and, often, a deeply rooted family legacy. This intricacy is...

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