Who Can Serve as Executor?
One important reason to have a will is to be able to name your executor (also called a personal representative). An executor is the person responsible for managing the administration of your estate after you die.
Why Plan Your Estate?
if you postpone planning until it is too late, you run the risk that your intended beneficiaries — those you love the most — may not receive what you would want them to receive.
What Is a Trust Protector and When Might You Need One?
A trust protector is someone who is appointed to watch over a trust that will be in effect for a long time and ensure that it is not adversely affected by any changes in the law or circumstances.
Providing for Your Pet with a Trust
A pet can be a member of the family, but what happens to your pet after you are gone? How can you ensure your pet will be cared for?
Medicaid’s Gift to Children Who Help Parents Postpone Nursing Home Care
There are circumstances in which transferring a house will not result in a Medicaid penalty period, and one of those is if the Medicaid applicant transfers the house to a “caretaker child.”
Powers of Attorney Come in Different Flavors
A power of attorney is a very important estate planning tool, but in fact there are several different kinds of powers of attorney that can be used for different purposes.
Does Your Will Name an Alternate Beneficiary?
What will happen to your estate if your primary beneficiary does not survive you? If your will does not name an alternate beneficiary, your estate will be divided according to state law, which may not be what you want.
Updating Your Estate Plan When Your Finances Change
If your estate has changed in value — either increased or decreased — do you need to change your will?
Preventing a Will Contest
It may be impossible to keep relatives from fighting over your will entirely, but there are steps you can take to try to minimize squabbles and ensure your wishes are carried out.
New Rule Once Again Allows Nursing Home Arbitration Agreements
The Trump administration is officially rolling back a ban on the use of arbitration agreements by nursing homes, once again allowing nursing facilities to ask families to give up their right to sue over patient injuries or deaths.