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Comparing Power of Attorney and Guardianship: Understanding the Distinctions
Power of Attorney and Guardianship are both legal mechanisms that allow someone to make decisions on behalf of another person, but they…
Preserving Family Harmony: Effective Approaches to Prevent Will Conflicts
Preventing will conflicts and preserving family harmony requires careful planning, communication, and consideration of everyone involved. Conflicts may arise when family members…
Four Estate Planning Considerations for Blended Families
Estate planning considerations for blended families require careful attention to the unique dynamics and complexities that arise when combining families. Blended families…
Is Life Insurance Worth Considering in Estate Planning?
It’s a question that arises when crafting a comprehensive estate plan. Life insurance can play a vital role in providing financial protection,…
Should I Include an Accumulation Trust in My Estate Plan?
An Accumulation Trust is a type of trust arrangement where the income generated by the assets held within the trust is accumulated…
3 Ways a Trust Can Help Protect Your Children
Protecting your children through a trust is an excellent way to safeguard their financial future and ensure their well-being. Here are three…
How to Select a Fiduciary for My Estate Plan
Selecting a fiduciary (Executor and Trustee) is an important decision when creating an estate plan. A fiduciary is a person or institution…
What Does a Trustee of a Revocable Living Trust Do?
A trustee of a revocable living trust is responsible for managing the assets held in the trust during the lifetime of the…
Designating a Legal Guardian for Your Children
It is essential to plan for a situation where your children may need a guardian, even though it may be uncomfortable to…
7 Life Events That May Trigger a Change in Your Estate Plan
Throughout your life, there will be several life events that may cause you to take pause or change the direction that you’re…