Estate Planning Isn’t Just For The Elderly
Young adults often avoid an early start on estate planning for several reasons. They might think a will or making a retirement plan can wait until they are in their thirties or forties. In reality, early estate planning for young people has many benefits. Protecting...
There are advantages that come with having an estate plan in place, and you may find it especially worthwhile to create one once you go through a major life event, such as a wedding or the birth of your first child. Like many people looking to develop estate plans in...
While many people are interested in appointing someone as their power of attorney, they may not know where to start. It can be an intimidating process, especially if one does not know where to begin. There are many reasons to appoint someone as your power of attorney....
If you do not have an estate plan yet, you are not alone. According to Gallup News, only 46% of adults have a will. Younger people are less likely to have one than older people. Only 20% of people age 18 to 29 years old and 36% of people 30 to 49 years old have a...
A serious accident or unexpected illness can strike anyone at any time, regardless of age. If you should become incapacitated and unable to speak for yourself, who would take charge of your healthcare needs or financial affairs? The advance directive An advance...
Most prospective clients who come to us here at Enea, Scanlan & Sirignano, LLP expecting that there are some expenses relative to their estate plans that they cannot avoid. Estate taxes typically rank among these. Yet will one's estate inevitably face an estate...
Having to plan a funeral for a loved one is an emotional experience. Family members are often unprepared for this responsibility. Funeral planning contributes to the stress and sorrow of a loved one’s passing, and it can exacerbate family relationships that were...
Estate plans protect your family after you are gone. They also make sure that your assets receive the proper treatment in terms of inheritances. When it comes to advance directives, also known as living wills, they can ensure you receive the type of medical care you...
After creating an estate plan, one cannot simply let it sit and leave it untouched for years and years at a time. Updating an estate plan is an important part of its management. But how can you tell when it is time to make updates? Updating with every major life...
If you are about to graduate from high school, you probably are looking forward to starting the next chapter of your life. Whether you plan to attend college, go to a trade school or immediately enter the workforce, your early 20s are sure to come with some major life...