How to include both physical and digital assets in your estate plan by Peter Wolynski From purchasing goods with a PayPal account to sharing family pictures through a cloud-based photo album, online activities have become increasingly engrained in our daily lives. But have you considered that each of these actions involves a digital asset? In…
Most estate planning mistakes tend to be fall into one of several categories. Every estate plan has unique features, but the same problems and mistakes recur. Many mistakes don’t vary with the value of an estate and other factors. Each of the classic mistakes is avoidable. All that’s needed is knowledge of what to beware…
Have you included digital assets in your estate plan? By Liz Weston This article is reprinted by permission from NerdWallet. Executors can’t demand access to your digital assets unless you specifically give them authority. You may not own cryptocurrency or nonfungible tokens. You may not have a big Instagram following or run an online business. But if you do…
The Hazards of Do-it-Yourself Estate Planning Many websites offer customized, do-it-yourself wills and other estate planning documents. Although such products are convenient, using them could create serious and expensive legal problems for heirs. These digital services appear to offer a cost-effective and easy alternative to visiting an estate planning or elder law attorney. But is…
Make Sure Your Estate Plan and Other Essential Documents Are Safe from Disasters It’s an unfortunate reality that with the increasing number of natural disasters across the country, including fires, floods, and hurricanes, the chance that you could lose your house and possessions has become more likely. In the event of such a calamity, it…
How to Create an Estate Plan That Includes Your Pet Pets are members of the family, so it is important to consider how to provide for them in your estate plan just as you would the human family members. While we may think of pets as part of our family, the law considers them to…
The Difference Between POA, Durable POA and a Living Will Ashley Huntsberry-Lett –Estate Planning Documents Explained Planning for the uncertain future is a complex process. Most people believe that drawing up a will is sufficient, but several other documents are necessary to create a comprehensive estate plan that will safeguard a senior’s health and finances….
A law passed on January 31, 2015 requires an attorney to file a Medicaid application. The experts at Seniors Information Center work collectively with Trusted Law Office to accomplish the same tasks as the high dollar law firm without the high dollar price. When a legal document is necessary, the Trusted Law Office will execute them. Additional…
8 Documents That Are Essential to Planning Your Estate Do your loved ones a big favor: Get your affairs in order so you don’t leave survivors to face a legal mess. Marilyn Lewis • March 20, 2021 If you want loved ones to remember you fondly, tackle your estate planning tasks. Your heirs will thank you for not leaving…
Estate Planning Documents Explained When I first arrived at Slonim Law I knew absolutely nothing about Estate Planning. I knew wills existed but I had no idea about the seriousness of them or how incredibly useful everything included in the Estate Planning bundle is. I’m here now to explain, in laymen’s terms, what each document…
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