What Is the Purpose of a Guardian?
December 1, 2022
Few will argue that the most important time to have a will is when you are parents of young children.
Johnson Law Firm
Few will argue that the most important time to have a will is when you are parents of young children.
Estate planning takes a lot of time, but another factor that needs to not be overlooked is having a power of attorney.
Robert, the older brother, and Lon, the younger one, were close as they were growing up in the Queens borough of New York City. However, when their mother passed away and left the bulk of her estate to Robert, Lon was devastated.
We’re all looking to save taxes, court costs, legal fees and ‘make it simple’ for our heirs. A last will and testament is the cornerstone of all estate planning, maybe with a trust.
People often overlook critical steps when they are doing their estate planning.
Thinking about what happens to your family when you pass away may be upsetting. However, it can be a good way to reduce the stress your loved ones will deal with during the grieving process.
While it might seem too soon to think about this uncomfortable topic, it’s still something that needs to be carefully planned to make everyone’s life a little easier as they handle the grief of losing a loved one.
A special needs trust (SNT) can help you provide financial security to your child after you die without leaving them ineligible for the government benefits that they need to sustain care.
Estate planning is not just for the wealthy. Anyone with a bank account, house, car or other personal property should have a will.
Do you know what will happen to your property, belongings and debt when you die? What about your children? If you haven’t created an estate plan, now’s the time to start. Here’s how.
