Can a Revocable Trust Protect Assets from Creditors?
With a revocable trust, you are typically both the founder and the trustee. This means that you both create the trust and manage its assets and operations.
Why It’s Important to Update Your Estate Plan
It is a common misconception that once the estate plan is prepared and executed, it does not require any further attention.
What Do I Need to Know If I’m Getting an Inheritance?
Heirs receiving an inheritance can expect the process to take time. Having a plan for the money and consulting with professionals are also things to remember.
What Is Included on a HIPAA Authorization Form?
A HIPAA authorization is a detailed document in which specific uses and disclosures of protected health are explained in full.
How to Protect Loved Ones from Being Disinherited
If your beneficiary designations are out of date and you die without updating those designations, your assets could go the wrong people–a former spouse, for example–no matter what your will says.
What Happens When There Is No Will?
Creating a will should be the first step in a comprehensive estate planning process since it allows you to ensure that your wishes are properly carried out after your death.
Should You Agree to Being a Guardian?
You might be surprised at how many questions arise surrounding financial issues, legal arrangements and lifestyle choices.
Why You Need a Secondary Beneficiary
Naming secondary beneficiaries can help estate planners avoid the delay and costs of going through probate, as well as ensure that your wishes are carried out.
What Is HIPAA Authorization?
The HIPAA Privacy Rule permits the sharing of health information by healthcare providers, health plans, healthcare clearinghouses, business associates of HIPAA-covered entities and other entities covered by HIPAA Rules under certain circumstances.
How Does a Trust Work?
There’s no single path for everyone to follow. However, you might consider establishing a trust, which offers some key benefits.