A Power of Attorney is a legal document where you the “Principle” name another person as your “Agent” to speak on your behalf with third parties.  For example, let’s assume Tom and Cindy Client are moving to another city.  Tom is out of the country on business and...

In talking with clients about their estate planning, one of the things we do is get an accurate assessment of all of the assets in the total estate. So, we discuss all real estate, bank accounts, stocks, bonds, 401(k)s, IRAs, vehicles, cash reserves, and life...

This is a question that I hear often from my clients.  Some believe that a Revocable Living Trust (“RLT” or “Living Trust”) is something that is only used by the rich and famous and a Will is best for everyone else.  That is not necessarily true.  In fact, I believe...

The short answer is that a Revocable Living Trust (“RLT” or “Living Trust”) is another tool that can transfer your assets upon your death.  If a client has a Will as the centerpiece of their estate plan I describe that as a “Will based” plan.  If they use an RLT as...

A Last Will and Testament, or Will, is a legal document that outlines how the assets in your estate will pass to your surviving spouse, children, or other beneficiaries upon your death.  In my opinion, everyone needs a Will.  For some the Will may be the only asset...

When I tell people I am an Estate Planning attorney I often get head nods and affirmations that generally include something like, “OK, so you write Wills for people?” I’ve even had some respond. “Well, I don’t have an estate, but if I did I would call you.” Or, they...