Common misconceptions about spousal inheritance

One thing I am passionate about is dispelling common misconceptions about estate planning. I believe it is really important to have your affairs in order so that when you pass, your loved ones are taken care of and they do not have to be overburdened with making...

Estate Planning: Living Will & Health Care Proxy

It is important to consider what kinds of medical treatment you would want or not want if you should become unable to make health care decisions for yourself. Combining a living will with a health care proxy is the best way to present “clear and convincing evidence”...

Estate Planning: Power of Attorney

In a Power of Attorney, you select one or more people (called an ‘agent’). The agent is given the right to sign documents and transact business on your behalf during your lifetime. If you select more than one agent, you can specify if each agent can act individually,...

Estate Planning: Last Will and Testament

The last will and testament designates who will manage the estate and sets out how to transfer property after death. The document is also commonly referred to as a ‘will.’ Common terms: The testator is the person who owns the property and has the will made. A...

The basics of estate planning

What is estate planning? In estate planning, you anticipate and make arrangements for the disposal of your estate. Your estate is your net worth – the total of all your assets less liabilities. The goals of estate planning are to minimize uncertainties in how to...

The digital estate

I was on vacation with my family this past week. Each morning as I had my coffee, I was amused to watch my father reading the newspaper on his tablet, my mother reading a book on her Kindle, my husband and I checking e-mails on our smart phone and laptop, and my...