Life insurance is often seen as a daunting prospect but there are a few basic steps that anyone considering life insurance should know , perhaps the most important being to put your policy in a trust, not only will this help ensure that your loved ones get a payment as quickly and straight forward as possible, but a trust could …
Five estate planning documents you should have, regardless of your financial condition, health, or age:
- Durable power of attorney
- Advanced medical directives
- Letter of instruction
- Living trust
You will need the help of a fee-only financial advisor and an estate planning lawyer to create these documents.
Durable Power of Attorney
A Durable Power Of Attorney (DPOA) can help protect your property in case you become physically unable or mentally incompetent to manage personal financial concerns. If no…
How old should you be before writing a Will? The answer to that question mainly depends on your circumstances. You can write one at any time after your 18th birthday , assuming that you are mentally able . Most people, however, undertake writing a Will after they have some change in their life that makes them realise that they really should have one.
That said, there are some characteristics whereby…
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Looking for Instant Life Insurance? If you haven’t searched for life insurance before you will be surprised to find that there are many different kinds of life insurance available.
Between the different types of life insurance it is broken down into two types:
Whole vs Term Insurance
Term Life Insurance is simple. It is basically pure life insurance. No different from car insurance it is just insurance with…
Increasing importance has been placed in recent times on having a life plan. And with all the things that can go wrong, it’s hardly surprising that there is demand for wills and probate lawyers. Living in a large city poses many concerns and so this creates a demand for wills and probate lawyers London.
So you have decided you want to take a look at your life plan, but what…
Ever before wondered how your modest attributes or finances would be managed, in case anything takes place to you or you may have to go somewhere? Afterwards consider the power of attorney. The power of attorney is a legal document which would allow you to grant one or business management over the financial and business enterprise matters.
The particular person who is signing or creating the power of attorney is termed the model,…
Many documents are created in estate planning including living trusts, advanced directives, power of attorney documents and more. Learn what documents are needed for estate planning from an estate planning and probate lawyer in this free video on estate law. Expert: Brad Wiewel Bio: Brad Wiewel is board certified in estate planning and probate by the Texas Board of Legal Specialization and has been practicing law since 1978.
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