Estate Planning

This week is National Estate Planning Awareness Week. It's always a good idea to review your estate plan from time to time. That is especially true if you’ve had life changing events (such as marriage, divorce, birth of children, death of family members, health changes). If you don’t have an estate plan in place, now [...]

Part 1 and Part 2 of this blog topic dealt mainly with terms that deal with things once you die. What about while you’re still alive? What happens if you become disabled and/or incapacitated and not able to do things for yourself? That’s where Part 3 of this Legal Words topic comes in.   If [...]

Part 1 of this blog topic identified a few estate planning legal terms and explained what they mean. Part 2 continues with more estate planning terms. In Part 1, one of the terms defined was Probate - the court-supervised process for administering an estate after someone dies.   But is there a way to avoid that [...]

Lawyers often use words that are unfamiliar. What’s even worse is that often, legal terminology is not even consistent throughout the states. Additionally, a legal concept, such as “Homestead” can have several different meanings in different situations.   The area of Estate Planning is full of legal terms that you should know and understand. Let’s [...]