Why You Need a Will A Caring.com wills survey shows the number of Americans with a will has had a minimal increase of 2.5 percent over the past year. Overall, the percentage of those with a will continues to decline, 33 percent in 2021 versus 42...
Is Your Power of Attorney Enough? Powerful “power of attorney” (POA) documents are essential, if there ever comes a time when you or your elder become unable to manage your finances or make health-care decisions. Beware if you rely only on POAs that hospitals provide,...
A Sad Legacy Larry King, the legendary talk-show host, married seven women and had five children with several of them. He died at age 87 on January 23, 2021, after contracting Covid and then succumbing to an infection. Immediately after his death, his estate went...
Five Reasons to Protect Your Retirement Accounts Now Your retirement account provides asset protection during your lifetime, but as soon as you pass that account to a loved one, that protection evaporates. When your spouse, child, or other loved one inherits your...
WHAT ARE TRUSTS AND HOW CAN THE BENEFIT ME? BY: LAMA ALQASEMI, ESQ. Some people may have heard the term come up in passing during a conversation and others may have read about it on a brochure or magazine. Trust. Sounds like a fancy legal document that only people...
How to Help Your Loved Ones (and Assets) Avoid Probate Today, many people are using a revocable living trust instead of a will or joint ownership as the foundation of their estate plan. When properly prepared, a living trust avoids the public, costly and...
