Estate Planning Isn’t Just For The Elderly
Proper estate planning is crucial to safeguard your assets after you are gone. However, it can also benefit your family members, especially your children. Wills also allow you to choose a guardian for any minors in your care. Without this input, the court will make...
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...
If someone in your family becomes incapacitated, it is crucial to review your options and strategies to safeguard their future. In some instances, Article 81 guardianship is necessary. It is pivotal to go over the responsibilities that an Article 81 guardian has,...
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 are approaching the estate planning process, there are a number of different topics that you need to take into consideration, such as finding the most practical type of estate plan and deciding how to divide your assets among beneficiaries. If you have...
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...
Most people will need long-term care at some point in their lives. The older you get, the more likely you are to contract cancer or Alzheimer's disease. You could also have a stroke or arthritis. About 70 percent of those who are 65 or older will eventually need...
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...