We all need someone in our lives that we can call “My Person.” This idea of “my person” grew out of a saying Carolyn and I have: “thank you for being my person.” I am not quite sure when we first started saying it, but it has become a powerful synonym for “I love you.” […]
Archives for February 2022
What Are Springing Powers of Attorney?
Estate planning is about more than preparing for the inevitable. A good estate plan should also consider the unexpected. Your plan may have detailed instructions for what happens when you are no longer around, but what if something goes wrong while you are alive? If you can no longer manage your affairs, you will need […]
Who Should Be Your Trustee?
When creating a revocable living trust, you will most likely name yourself as the initial trustee so you can continue to manage your financial affairs. Eventually someone else will need to step in when you are no longer able to act due to incapacity or after your death, however. Your successor trustee plays an important […]
Using Real Estate Deeds in Estate Planning
When using trusts in estate planning, a key element includes transferring the trustmaker’s real estate into the trust by recording a deed with the local recording authority. This step is crucial for ensuring that the trustee has the authority to manage and ultimately sell or transfer the property should the trustmaker become incapacitated or die. […]