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Yearly Archives: 2024
How charitable trusts can reduce your estate taxes
Estate planning is important for ensuring your loved ones get taken care of after you are gone. One effective strategy is using charitable trusts. These options not only benefit charitable…
I’m worried my assets will be misused after I die. What can I do?
You won’t exactly know how your assets will be managed and used after you pass away. Your will in your estate plan is a document that outlines your wishes for…
Does a power of attorney apply immediately?
As part of your estate plan, you may consider using a power of attorney. This document gives you the chance to legally choose an agent who can act on your…
3 ways to incorporate philanthropic giving into your estate plan
Philanthropy is a great way to ensure that your estate is put to good use after you are gone. By leaving your estate, or part of it, to charity, you…
Why include a letter of intent in your estate plan?
Putting in place a well-thought-out estate plan is crucial to ensuring the proper handling of your estate and affairs after your passing. Including a letter of intent can be a…
3 scenarios when guardianship for your child can come in handy
During the unpredictable journey of parenthood, there may come a time when the consideration of guardianship becomes crucial. When it comes to securing your child’s well-being, guardianship is an undeniably important…
4 ways someone could abuse power of attorney
Power of attorney grants someone the authority to make financial and legal decisions on behalf of another individual. This arrangement is important in estate planning. However, it is necessary to…
2 reasons why your aging parents need advanced directives
Advanced directives are legal documents that outline individuals’ preferences regarding medical treatments and interventions in the event of incapacitation. These directives can provide a roadmap for healthcare professionals and family…
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