If someone in your family lives with special needs, or if you have a disability and want to understand your estate planning options, it is crucial to look into special needs trusts. These trusts offer a variety of perks, especially when it comes to SSI and Medicaid...
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Estate Planning
What makes trusts worth considering in your estate plan?
Trusts are just one tool you can use when creating your estate plan. They are vehicles to use to transfer assets to heirs. There are two types of trusts, revocable and irrevocable. In general, trusts provide you with some unique benefits over simply leaving all assets...
Why should single people consider writing a will?
You might think that making out a will is not necessary if you are single and have no children. Still, even some unmarried individuals decide they want to exert control over where their possessions go after they die. Policy Genius describes a few reasons why single...
Should your estate plan address your funeral?
If you intend to live for decades longer, planning your funeral may seem silly. Still, if you become unexpectedly ill or suffer a catastrophic injury, you do not want to leave your loved ones with too much on their plate. You also probably want your funeral service to...
Accounting for the cost of a funeral in your estate planning
When you first start planning your estate you may fixate on things like inheritance or probate court. Many often overlook the cost of their funeral. Preparing for it today may help save money, save headaches for your grieving loved ones and offer you some peace of...
What is a medical durable power of attorney vs. a living will?
Planning your estate allows you to make future decisions about yourself and your assets at a time when you have the capacity to do so. Durable healthcare powers of attorney and living wills are both vital estate planning tools. Understanding the differences between...
Who makes for the best estate executor?
Selecting an executor is a difficult job because they hold the most power and responsibility of anyone else involved in your estate plan. To that end, you want to pick the best possible person who can juggle the responsibilities and successfully fulfill the role. But...
How to choose a medical power of attorney
In life, you cannot always guarantee health and wellness for yourself. Most people do not like to think about a world where they may be unable to make decisions for themselves. Once you have an estate plan, you can relax and let those thoughts go to the back of your...
What are signs of undue influence?
Creating and managing an estate plan is an important part of life. Of course, the more a person's estate is worth, the harder this management will often get. In addition, estates of higher worth will often get people trying to gain favor they may not deserve. They...
What are limits on medical power of attorney?
Asking someone to be your medical power of attorney may be one of the most crucial decisions you can make. In the event you become incapacitated, you need somebody you can trust to make your health care decisions for you. If you have concerns that your medical power...

