The passing of a loved one is already an emotionally challenging time, and the responsibility of being an executor of their estate can feel like an additional weight on your shoulders. You might be worried about making mistakes, unsure of where to start or concerned...
Estate Planning
Estate planning for blended families: What you need to know
If you are part of a blended family, you know that love and commitment can create strong bonds. However, these families face unique challenges when it comes to estate planning. Understanding why estate planning is crucial for blended families and how it can benefit...
Beneficiary beware: Recognizing fraud and undue influence
Losing someone you love is difficult, and dealing with their estate can make it even harder. As a beneficiary, you hope their will shows what your loved one truly wanted after they passed away, making sure their things go to the right people. However, some people...
When should I update my will and estate planning documents?
Life moves fast, and your estate plan should keep up. Think about all the changes you've seen in the last few years - marriages, divorces, new babies or even a big move. Each of these events can shake up your carefully laid plans. We're here to guide you on when to...
Understanding the risks of POAs for family businesses
Managing a family business is fulfilling, but it is a complex task. As you grow older, you might worry about who will manage it when you are no longer able to do so. This is where a durable power of attorney (POA) comes in. This legal document grants an individual the...
The key people to include in your last will and testament
To ensure that your property will go to your desired recipients after your passing, it is crucial to have a valid last will and testament. A will is a legally binding document that specifies how you want to distribute your assets at the time of your demise. In New...
Your digital afterlife: Planning for your online legacy
Gone are the days when estates were just about houses and cars. Today, a big part of our lives exists online. Social media profiles, email accounts and even digital photos –are all considered digital assets, and just like your physical belongings, they need to be...
Why you must update your estate plan when facing a divorce
Divorce is a complex process involving extreme emotions and multiple legal considerations. While it signals the end of your marriage, it also opens a new chapter in your life. And when major changes happen in your life, it is crucial to revisit your estate plan....
Can you step down as executor of an estate?
Not everyone can shoulder the heavy responsibilities of an executor when the time comes. Perhaps you’ve realized that the tasks exceed your capabilities or that your current situation may make it challenging to meet the demands of the role. Whether it is a health...
Why estate planning is essential for high-net-worth individuals
Two out of three adults in the United States have no established estate plan. This startling statistic can have severe implications for grieving families of individuals with high net worths. Suppose you have a significant amount of assets. In that case, estate...