Category Archives: Estate Planning

Probate Planning and Trusts: What You Should Know

Post Image

What is the Probate Process? Probate is a legal process where a court confirms the authenticity of a will. Probate is required if any third party is involved who needs court approval before taking instructions from an executor. Financial institutions do not normally release assets of an estate to an executor without this proof. To [...]

Read More

Incapacity Planning: Power of Attorney, Living Wills and Representation Agreements

What is Power of Attorney? And Why is it Important? A power of attorney is a written document naming a person to manage your financial affairs while you are still alive but become mentally incompetent. If you become incapable of managing your own affairs and do not have a signed power of attorney, a government [...]

Read More

What is an Estate Plan? And 10 Reasons Why You Should Prepare One

Post Image

Estate planning is a process that allows the assets in your estate to be distributed to your beneficiaries according to your wishes in a timely, orderly and tax-efficient manner. 10 reasons to have an estate plan: Having an up-to-date estate plan with a valid will helps to ensure that your dependents and heirs will be [...]

Read More