Category: Legacy Estate Planning
Everyone is at risk of becoming incapacitated and not being able to manage his or her financial affairs. A power of attorney or POA allows a person, usually referred to as a principal, to name someone to manage his or her affairs. 1. “Durable” Power To provide for a potential disability, a person executes a […]
Written by sitemender on June 7, 2016
Sometimes a person, who we will call a donor, wishes to leave property in his or her will to a person who is not capable of managing it. The concern is that the recipient may spend the inheritance foolishly, lose it in bad investments or have one of the recipient’s creditors take the property away […]
Written by sitemender on March 30, 2016
Pets are an important part of many people’s lives. If you are one of those people, what would happen to your pets if you died or became disabled? What would happen if your spouse is not around to care for the animal? The pet owner needs to provide for two different scenarios. One scenario is […]
Written by sitemender on March 18, 2016