Category Archives: Pet Trusts
Remind Me Why I Need a Will
There are a number of reasons to draft a will as soon as possible. If you die without a will (intestate), you leave decisions up to your state of residence according to its probate and intestacy laws. Without a will, you have no say as to who receives your assets or properties. Not having… Read More »
Don’t Overlook Key Parts of Estate Plan
The importance of having key estate planning documents cannot be overstated. That includes a will, an advance directive, powers of attorney for health care and financial matters and guardianships for minor children. Trusts may also be part of an estate plan, and they need to be created and funded in a timely manner. However,… Read More »
Estate Planning Is a Gift and a Legacy for Loved Ones
Without an end of life plan, a doctor you’ve never even met might decide how you spend your last moments, and your loved ones may live with the burden of not knowing what you would have wished. These are just a few reasons why “End-Of-Life Planning is a ‘Lifetime Gift’ To Your Loved Ones,… Read More »
Don’t Neglect a Plan for Your Pet During the Pandemic
If you have a pet, chances are you have worried about what would happen to your furry companion if something were to happen to you. However, worrying and having an actual plan are two very different things, as discussed at a Council of Aging webinar. That’s the subject of the article “COA speakers urge… Read More »
Include Fido or Fluffy in Estate Planning
If you are a pet owner, you no doubt make plans for your pet when you go on vacation. If you are a very dedicated pet owner, perhaps you have already made provisions in your will or created a pet trust. If your pet outlives you, then such a trust can provide for your… Read More »
Avoiding Probate with a Trust
Privacy is just one of the benefits of having a trust created as part of an estate plan. That’s because assets that are placed in a trust are no longer in the person’s name, and as a result do not need to go through probate when the person dies. An article from The Daily… Read More »
What Happens When There’s No Will or the Will Is Invalid?
The Queen of Soul’s lack of a properly executed estate plan, isn’t the first time a celebrity died without a will, and it surely will not be the last says The Bulletin in the article “Aretha Franklin and other celebrities died without an estate plan. Will you?” The Rev. Dr. Martin Luther King Jr.,… Read More »
What are Some Estate Planning Tips for People Without Kids?
If you and your spouse don’t have children, the focus of your financial legacy may be quite different from what it would be if you were parents. Motley Fool’s article, “5 Estate-Planning Tips for Child-Free Couples, ” suggests that you may want to leave some of your money to friends, family members, charitable organizations,… Read More »
Why It’s Always Better to Plan Ahead
Two stories of two people who managed their personal lives very differently illustrate the enormous difference that can happen for those who refuse to prepare themselves and their families for the events that often accompany aging. As an article from Sedona Red Rock News titled “Plan ahead in case of sudden sickness or death”… Read More »
Should I Get Attorney to Write My Will?
Drafting a will is an essential part of estate planning. Even though it’s vitally important, a recent survey from AARP revealed that two out of five Americans over the age of 45 don’t have one. The Reflector’s recent article, “Things people should know about creating wills, ” says that writing your wishes down on… Read More »