It is very common for a will or trust to have the instruction that all property is to be divided equally among named beneficiaries. This avoids the problem of having to identify specific property to be granted to heirs, and creating any ill feeling in the family. It is a fine approach for dividing cash, […]
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Many people have heard the term ‘power of attorney’ but have questions about when it is needed, and under what circumstances. A power of attorney (POA) grants a family member or other trusted individual the ability to make financial or healthcare decisions for you as your ‘agent’. This responsibility can be as broad or narrow […]
Many people have questions about the difference between a will and a trust, and when a trust may be necessary. The Basic Facts About Wills – Very simply, a will states the wishes of a person upon their passing about how to distribute their property to heirs. The will also names an executor who oversees […]