We all wish we could care for and protect our loved ones forever, but the nature of life and death deems this impossible. The best way to ensure the safety and security of those we care about long after we’re gone is through estate planning. Estate planning is the process of determining how property and [...]
Proper estate planning is vital when you don’t want your hard earned assets to end up becoming long legal complications that could end up causing bad blood between family members upon your death. Such instances can burden your beneficiaries and others involved, forcing them to sort out asset distribution in probate court. Probate is unnecessary, [...]
In today’s modern landscape, an increasing number of couples are opting to become life partners rather than taking the route of traditional marriage. While unmarried couples don’t share all of the same legal rights as married couples, specific estate planning can go a long way to bridge the gaps. Let’s explore some estate planning tips [...]
Estate planning helps you prepare for your future, and protects your family from a lengthy, complex, and time-consuming probate process. Your estate planning documents address your end-of-life wishes, ensuring your assets are distributed correctly. In preparing the documents you want to be sure they capture every crucial detail of your estate, thus it's vital to [...]
No one likes to think about planning for the final stages of life, but it’s an important step that shouldn’t be ignored or avoided. You spend your entire life working hard and acquiring assets. As you get older, or if something tragic, sudden, and unexpected occurs, the money and property you leave behind might not [...]
With the advancements in medicine throughout the years, children with disabilities have higher life expectancies than ever before, implying they're likely to outlive their aging parents. Your child might not face severe challenges as long as you remain the primary caregiver, but what happens after you’re gone? Rather than waiting for your disabled child's fate [...]
Control & Protect Your Legacy, Foley Law Offices Can Help No one knows for sure how or when a person will pass away, but with proper planning, there’s one thing you can have complete control over, and that is determining what happens to your assets after you die. Why leave this decision in the hands [...]
There are many assets that people tend to overlook when planning their estate. Whether for sentimental reasons, or the financial security of your family, these are some of the most important assets to include in your estate plan: Home Like most people, your home is probably your most valuable asset. Make sure to include it [...]
Oftentimes, persons underestimate the value of an experienced team of professionals and take on the task of handling estate planning on their own. The multitude of complex legal issues involved in such an undertaking deem it a matter best left to an expert. Here are some of the top reasons why estate planning yourself is [...]
Estate planning is a highly avoided process that everyone should go through, but also one that can be fraught with paperwork, tax laws, litigation, and without the right guidance, mistakes. Here are some of the most common things people miscalculate the importance and significance of when considering estate planning: 1. Not Having a Will The [...]
