The caregiving and supporter role often arises out of crisis. A loved one becomes disabled, or worse, unexpectedly passes away. It’s natural for family members and friends to want to help, but it’s also important to consider the legal obligations underpinning these roles. Defining “Fiduciary” Fiduciary roles often arise out of legal documents and relationships… Continue Reading What is a Fiduciary?
“When to update a Will” is a frequent question in my estate planning practice. I build contingencies into my clients’ Will and Trust documents so that they only need review it at certain life events. Below are important life events that trigger the need to update a Will and estate plan. Top 5 Reasons for… Continue Reading How Often Should I Update My Will and Estate Plan?
In estate planning, we often use Power of Attorney documents as a tool to plan for future incapacity. But with great power comes great responsibility. And power of any kind is easily abused. Thus, it’s important to carefully consider the legal effect and consequences of a Power of Attorney document. What is a Power of… Continue Reading Power of Attorney: How to Avoid Abuse and Financial Exploitation
“Co-parenting”, “platonic parenting”, and “parallel parenting”–social terms to describe the reality of many modern families– is becoming the norm. But what happens when one of the co-parents dies? When a Co-Parent Dies As devastating as this is for the child, the hardship to a platonic co-parent is just as profound. Where there were two wage… Continue Reading Estate Planning for Co-Parents
“Holograph” is a fancy term for a document written entirely in the author’s handwriting. A “Holographic Will”, therefore, is a Will written entirely in the handwriting of the person making the Will. These Wills are also referred to as a “Dying Man’s Will” because they are sometimes written when death is imminent and without the… Continue Reading Are Handwritten Wills Legal?: A Discussion of Holographic Wills
When teenagers turn 18, the law presumes they are an adult. At age 18, they are vested with the freedom to determine their residence, live on their own, vote, marry, and enlist in the military. This age often marks the first “adult” milestone: moving out of the family home and into a campus dorm or… Continue Reading Preparing College Students and Young Adults for a Medical Emergency