by Christine | May 19, 2015 | Advanced Health Care Directive, Conservatorships, Elder Law, Estate Planning, Estates, Guardianships, Living Trust, Power of Attorney, Probate, Trusts, Wills |
"A lot of people think this is just about elderly parents, but it's a big issue for people with adult children away at school or on their own as an unmarried adult," said Carnick, president of Carnick & Kubik Personal Wealth Advisors. "Who's...
by Christine | May 13, 2015 | Asset Protection, Elder Law, Estate Planning, Guardianships, Probate, Trusts, Wills |
No will? If you are married with young children and both parents die who becomes the children’s guardian will be up to the state’s court system. If you do not have a will, your state’s estate laws and the probate judge will decide who will get your assets if you die....
by Christine | May 5, 2015 | Asset Protection, Estate Planning, Estates, Guardianships, Probate, Wills |
Without a formal direction, your wishes must be interpreted and your estate must be settled by a probate court judge. The process is expensive and encourages disputes. But divvying up wealth is whole lot easier than handing your children off to the state to determine...
by Christine | Mar 30, 2015 | Asset Protection, Conservatorships, Estate Planning, Estates, Guardianships, Living Trust, Probate, Trusts, Wills |
In the book The Charles Schwab Guide to Finances After 50, author Carrie Schwab-Pomerantz poses the following scenario: “I’m confused about how to divide my estate between my children, who have different needs and financial resources. Is it best to divide it into...
by Christine | Mar 25, 2015 | Conservatee, Conservator, Conservatorships, Elder Care, Elder Law, Estate Plan, Estate Planning, Guardianships, Living Trust, Special Needs Planning, Special Needs Trusts, Trusts |
Although many people feel frustrated by elder guardianship systems designed to protect adults no longer able to fend for themselves, what’s even sadder are the many instances where it turns out that the elder guardianship system is doing its job properly –and...
by Christine | Mar 23, 2015 | Estate Plan, Estate Planning, Guardianships, Inheritance, Probate, Trusts, Wills |
Although it is a difficult subject to face, you have options when it comes to protecting your estate and your family. The steps you take now can help prevent the wrong people from making decisions for your loved ones. If you have minor children, who will take care of...
