A durable power of attorney – where an agent is appointed to handle the financial affairs for someone who can no longer make such decisions for themselves (known as a principal) – has been used for decades. Years ago, these documents were rarely ever challenged or exploited. Unfortunately with the rise of elder abuse, banks […]
While we all love to save money and time, your estate plan is not a good place to cut corners. DIY estate planners often use inexpensive will templates and generic online legal advice to draft an estate plan on the cheap. A new Wall Street Journal article, gives a few reasons to reconsider this strategy.
78% of Americans under the age of 36 do not have a will or a trust in place. Frankly, most millennials show little interest in estate planning. This can create quite the mess if you are ever (God forbid) involved in a tragic accident. As discussed in a Wealth Management article, planning your estate is […]