Creating your estate plan doesn’t just include making sure your assets go to the right people. It also includes deciding how you want other affairs to be handled after your death. Organ donation is one of the issues to consider when creating your plan. We’ve outlined information below to help you explore your options. If you have any questions, or if you’d like to include your organ donation wishes in your plan, meet with a qualified estate planning attorney. Organ donation is a great way … [Read more...]
Senior Pet Owners Should Consider Creating a Pet Trust
As our Florence elder law attorneys have seen, many pet owners believe they can simply leave money behind for their pets in their wills. While they may have good intentions, you simply cannot include your pet in your will and expect that they will be cared for. The reason is that a pet is considered property, just like a car or jewelry, and so, a pet cannot "inherit" money from you through your will. Ultimately, no matter how detailed your will may be with regard to your pet, you are not … [Read more...]
Florence Elder Law Attorneys Can Help with the Difficult Issues
There may come a time when your elderly loved ones start showing signs of having diminished capacity. When that happens, you will need to establish a way to help them manage their affairs. Some of the most obvious signs of diminishing capacity include loss of memory and disorientation. If you have noticed these signs it may be time to take action and the first step is to create an incapacity plan. Unfortunately, this type of planning can be difficult for you and your family. Let our Florence … [Read more...]
Ask Your Trust Attorneys Which Type of Trust Will Meet Your Goals
For most clients, deciding between creating irrevocable trusts and revocable trusts depends on the need for retaining control of assets. There are, in fact, some very distinct differences that should be considered as you make the decision. Trusts have been around for a very long time, but they’ve only really begun to gain mainstream acceptance in the last several decades. When it comes to choosing between an irrevocable and a revocable trust, our Charlotte trust attorneys can help you decide … [Read more...]
The Importance of Using Your Estate Plan to Appoint a Guardian
Many parents put off their need for an estate plan. However, as a parent, it’s important to plan as soon as possible so that you and your family are protected throughout life. One of your most important decisions is the naming of a guardian. Naming a good guardian ensures that your children will always be in good hands. Take a look at the example below to better understand this important estate planning need. If you have any questions, or if you’d like to begin your estate plan, consult with … [Read more...]
Is it Okay to Leave Unequal Inheritances in My Estate Plan?
As you create your estate plan, you will be forced to make decisions about how to distribute your assets after your death. Many individuals have trouble deciding how to do this. It can be especially difficult trying to decide if you want to leave unequal shares to your children. Take a look at the information below to help make this important decision. If you have any questions about choosing how to divide your assets when creating your estate plan, meet with an estate planning attorney. If … [Read more...]
9 Things to Remember When Creating Your Estate Plan (part 2 of 2)
As discussed in our previous blog post, there are many things to consider when creating an estate plan for the first time. If you’re thinking about starting your planning, you will want to make careful decisions so that your needs are met and your family is protected. Take a look at the remaining 9 things to remember when creating your estate plan. If you have any questions, or if you’d like to begin your estate plan, meet with an estate planning attorney. Don’t forget to consider emergency … [Read more...]
9 Things to Remember When Creating Your Estate Plan (part 1 of 2)
Are you just getting started with your estate plan goals? If so, you will need to plan carefully so that all of your needs are met. It’s important to stay informed throughout the process so that you fully understand the estate planning documents that you are creating. Take a look at the following 9 things to remember when creating your estate plan. This guide will help inform you of the essential things when creating your plan. If you have any questions about how to begin your estate plan, … [Read more...]
