Thinking About Estate Planning?
Conducting family estate planning can be a difficult and emotional job. Providing for the disposition of your assets however, is extremely important. Having a Will that is complete and up to date along with other estate planning documents, will give you and your family peace of mind. Here is a partial list of topics you should consider when preparing to do estate planning: Designating a Personal Representative or Trustee: This is the person (or persons) that you designate and trust to manage your affairs and wishes upon your passing. They will ensure your financial requirements, wishes and desires are adhered to according to your Will or Trust. Choices often include your spouse or surviving children. A good strategy is to pick a primary choice and one or two alternates, and to check with them to make sure they are willing to serve. Powers of Attorney: There are 3 typical types of documents appointing a power of attorney...