Watch this short video that briefly explains the importance of aligning your assets with your family’s estate planning documents. In 2017, I decided to work with a Nevada attorney who I know and trust to create an additional component to my estate plan. Like many of you who have created an estate plan, I worked with the attorney for a few weeks on
As we are enjoying these last few days and weeks of summer, perhaps travelling or spending time at the beach, is it possible that estate planning isn’t the first thing on our minds? ? When you hear the phrase “estate plan,” you might first think about paperwork. Or your mind might land on some of the uncomfortable topics that estate planning
I’m an Estate Planning paralegal with a focus on Trust Administration. Trust administration is the process of carrying out the terms and wishes of the creators of the trust because something has happened to them – such as incapacity or their passing away. Unfortunately, in all the years that I have been a Trust Administration Paralegal, I have never run into
My guess is when you searched Google on what exactly Estate Planning Paralegals do, your search provided a very ordinary, solid, routine list of tasks. Estate Planning Paralegals support the attorney by talking and meeting with clients. Estate Planning Paralegals also prepare drafts of trusts, wills and other estate planning documents. I have been working as an Estate Planning Paralegal for
1) Myth: My spouse can make all of my healthcare and financial decisions because he/she is my spouse. Reality: This is not always the case. To make sure your spouse can indeed make important medical decisions on your behalf, you should sign a durable power of attorney and a medical advance directive. 2) Myth: I’ve told my family how I want
Estate planning is important for everyone regardless of wealth or family status because if you become incapacity or pass away without an estate plan, you are leaving the distribution of your assets subject to state law – and the results may not be what you want or expect. Estate Planning Explained Estate planning includes the growth, protection, and transfer of a