How to Pick a Trustee, Personal Representative, and Agent under a Power of Attorney
Wilson Law Group LLC » Estate Planning
by WilsonLawGroup
1w ago
While the term fiduciary is a legal term with a rich history, it generally means someone who is legally obligated to act in another person’s best interest. Trustees, personal representatives, ... The post How to Pick a Trustee, Personal Representative, and Agent under a Power of Attorney first appeared on Wilson Law Group, LLC ..read more
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Should Your Child’s Guardian and Trustee Be the Same Person?
Wilson Law Group LLC » Estate Planning
by WilsonLawGroup
2w ago
If you have overheard any estate planning discussions, you have likely heard the words “guardian” or “trustee.” In estate planning, deciding who will ultimately be tasked with caring for your ... The post Should Your Child’s Guardian and Trustee Be the Same Person? first appeared on Wilson Law Group, LLC ..read more
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What to Do with Grandma’s Ring: Dividing Personal Property in an Estate
Wilson Law Group LLC » Estate Planning
by WilsonLawGroup
3w ago
If you have a beloved late grandmother, many images and memories may come to mind when you reminisce about her. You might picture her at her home or at the ... The post What to Do with Grandma’s Ring: Dividing Personal Property in an Estate first appeared on Wilson Law Group, LLC ..read more
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What Is a General Power of Appointment?
Wilson Law Group LLC » Estate Planning
by WilsonLawGroup
1M ago
Your family, the economy, the law, and society can change rapidly and unexpectedly, affecting your best-laid estate plans in unpredictable ways. To achieve your estate planning goals, you need a ... The post What Is a General Power of Appointment? first appeared on Wilson Law Group, LLC ..read more
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3 Ways to Manage the Cost of Your Estate Plan
Wilson Law Group LLC » Estate Planning
by WilsonLawGroup
1M ago
You may think creating a simple estate plan should be easy and something you can do independently. Unfortunately, this is not the case. Estate planning laws vary greatly from state ... The post 3 Ways to Manage the Cost of Your Estate Plan first appeared on Wilson Law Group, LLC ..read more
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Can Someone Else Pay for My Estate Plan?
Wilson Law Group LLC » Estate Planning
by WilsonLawGroup
1M ago
Estate planning is not just for the wealthy. Every adult should have an estate plan, yet surprisingly, most Americans do not. The perceived cost of creating one is among the ... The post Can Someone Else Pay for My Estate Plan? first appeared on Wilson Law Group, LLC ..read more
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Things to Consider When a Parent Is Out of Town
Wilson Law Group LLC » Estate Planning
by WilsonLawGroup
2M ago
Your estate plan may include powers of attorney that allow a trusted person to act on your behalf and advocate for you with regard to medical and financial matters when ... The post Things to Consider When a Parent Is Out of Town first appeared on Wilson Law Group, LLC ..read more
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Pros and Cons of Naming Many Residuary Beneficiaries in a Will or Trust
Wilson Law Group LLC » Estate Planning
by WilsonLawGroup
2M ago
You have meticulously created your estate plan to ensure that it includes and addresses all of your most important assets (accounts and property). You have reviewed your asset list repeatedly, ... The post Pros and Cons of Naming Many Residuary Beneficiaries in a Will or Trust first appeared on Wilson Law Group, LLC ..read more
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Can I Leave My Spouse Out of My Estate Plan?
Wilson Law Group LLC » Estate Planning
by WilsonLawGroup
2M ago
The relationship between spouses is special in all contexts, not the least of which is the estate planning context. In many instances, you can exclude people from your estate plan, ... The post Can I Leave My Spouse Out of My Estate Plan? first appeared on Wilson Law Group, LLC ..read more
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A Trust for Fluffy or Fido? Why Every Pet Parent Needs to Consider a Pet Trust Today
Wilson Law Group LLC » Estate Planning
by WilsonLawGroup
2M ago
Estate planning is about protecting what is important to you. Although much of the traditional estate planning conversation focuses on surviving spouses, children, grandchildren, and charities, many pet parents wonder ... The post A Trust for Fluffy or Fido? Why Every Pet Parent Needs to Consider a Pet Trust Today first appeared on Wilson Law Group, LLC ..read more
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