According to data CNBC published last year, the average millennial between the ages of 25 and 34 has less than $1,000 in savings. Just 20 percent of these “older millennials” have saved $10,000 or more. But, whether you are just starting to save or you have already purchased a home and […]
Category: Estate Planning
Last time we discussed estate planning on our blog, we talked about the importance of incorporating various types of health care directives into your estate plan. One of these directives was the medical power of attorney, a document which is used to appoint someone else to make health care-related decisions for you […]
When preparing your estate plan, a crucial – but often overlooked – part of the process is planning for your health care in the event of incapacity. If you get sick or injured and are unable to make decisions about your own medical treatment, you will need someone to make […]
If you are wondering what information you need to prepare your will, you already have one of the most important pieces: You know that you need to put an estate plan in place. Having an estate plan is important for a variety of reasons, and a will is a fundamental component […]
While many estate planning tools offer the flexibility to automatically address certain changes in your life (such as the accumulation of wealth or the death of a family member), there are a variety of circumstances under which it may still be necessary to revisit your estate plan. Failing to address […]