Month: February 2025
Secure a vulnerable loved one’s future with a special needs trust
Creating a special needs trust can be one of the most important steps in ensuring the financial security and well-being of a loved one with disabilities. It empowers you to provide for a loved one without jeopardizing eligibility for essential government benefits like...
How to prepare emotionally for estate planning
Estate planning can be emotional, seeing that it involves making critical decisions regarding one's health and mortality. This is one of the reasons some people postpone drafting a plan – they are not prepared to face the reality of incapacitation and death. While...
What happens if you die without a will?
Thinking about the future isn’t always the easiest, but making the choice to plan ahead can make a huge difference for your loved ones. A will is a legal document describing how you would like your properties and other assets to be distributed after your passing....
Should you disinherit someone with a minimal inheritance?
If you’re interested in disinheriting someone, you may read that there are a few different ways to do it. One solution that people sometimes offer is to leave someone a minimal inheritance. For instance, rather than cutting someone out of your will entirely, you could...
Why a springing power of attorney is important
A power of attorney is a legal document that allows you to give someone else the authority to make decisions on your behalf. For instance, a financial power of attorney could allow them to access your bank account or pay your bills. A medical power of attorney could...
2 life events that could necessitate an update to your estate plan
Life can end at any time, which is why it is so crucial to have an estate plan in place. Life is also full of changes and some of those changes are so significant that they could necessitate you making a change to your estate plan. Here are some of those life events...
How can a living trust benefit seniors?
Imagine a future where your hard-earned assets remain secure, and your loved ones feel protected even after you're gone. For seniors in South Carolina, living trusts offer a powerful way to realize this vision. These legal tools help you avoid the lengthy probate...
How to plan an estate with Alzheimer’s or dementia
There’s a lot to think about when you engage in the estate planning process. Chief amongst them is simply how to divide your assets upon passing. Yet, there are several other important considerations, including your mental capacity. After all, if you’re found to have...
How do you update your will?
There’s a saying that “the only constant in life is change,” and most people find this to be true. As your life changes and your relationships evolve, you may find that your estate plan also needs to evolve. Unfortunately, just about the only thing that can create...
Estate planning and your family home: What to know
There are several different ways married couples can be listed on the title of a home. How you and your spouse are listed can have a significant impact on your estate plans. More than likely, you and your spouse either have a joint tenancy or a tenancy in common on...