Got Intellectual Property? Include It in Your Estate Plan To own intellectual property, you don’t have to be a famous producer or household name. You almost certainly have intellectual property if you create music, own a business, write stories, or build gadgets in your garage. However, because intellectual property is intangible, it’s often overlooked in estate planning. And if you …
Help Your Parents Avoid These New Financial Scams – Part 2
Help Your Parents Avoid These New Financial Scams – Part 2 In part one of this series, we explored two popular scams targeting older adults this year: the grandparent scam and cryptocurrency pickpocketing. In this week’s blog, I’m sharing two more scams you and your parents need to be aware of, plus tips for staying protected. Let’s dive in. 03 …
Help Your Parents Avoid These New Financial Scams – Part 1
Help Your Parents Avoid These New Financial Scams – Part 1 Fraudsters and scam artists are nothing new, but changing tools and technology make it easier for scammers to target their victims, especially seniors. To protect your aging parents (or yourself) from these con artists, it’s crucial to equip yourself with the knowledge of how these scams work and what …
Can You Rely on Legal Insurance for Your Estate Plan?
Can You Rely on Legal Insurance for Your Estate Plan? As the need for affordable legal services becomes even more important in today’s world, it’s common to opt for group legal insurance offered through your workplace benefits. These group insurance plans provide free legal assistance for a variety of needs from law firms that have contracted with the insurance company …
What You Need to Know About Collecting Life Insurance Proceeds
Collecting Life Insurance Proceeds If you’re looking to collect life insurance proceeds as the policy’s beneficiary, the process is fairly simple. However, during the emotional period immediately following a loved one’s death, it can feel as if your entire world is falling apart, so it’s helpful to understand exactly what steps you need to take to access the insurance funds …
3 Reasons It’s Time To Start Looking Into Estate Attorneys
The COVID-19 pandemic prompted a third of the population to understand the need for an estate plan, and while only 31% of those individuals did anything about it, it is never too late to ensure your assets are properly documented (per Caring.com). Estate attorneys work with you during your lifetime to take appropriate measures to protect your estate, while probate attorneys are …
When Do You Actually Need an Estate Lawyer?
There are several situations that may require you to hire an estate lawyer. For instance, when you want to set up a trust. An estate lawyer can also help you decide on the best estate planning vehicle for you. According to Caring.com, in 2020, just 16% of people in the United States between the ages of 18 and 34 said they …
What Does a Probate Attorney Do?
Estate planning is a very important process that each person should invest in. Unfortunately, some people don’t bother having an estate plan in place. According to The Wealth Advisor, 49% of individuals in the United States don’t believe their belongings are worth enough to worry about estate planning. If it so happens that someone passes away without a will, their …
Answers to 3 Common Questions Regarding Hiring an Estate Attorney
There are some misconceptions about who should hire an estate attorney. According to NOLO, about 49% of people that responded to a recent survey said they didn’t believe they have enough assets to hire an estate attorney or worry about planning their estate. The idea that a minimum number of assets is needed to hire an estate attorney is wrong. Let’s …
Britney Spears’ Nightmare Conservatorship Underscores The Vital Importance Of Incapacity Planning—Part 1
Britney Spears’ Nightmare Since the age of 16, when she burst onto the charts with her debut single, “…Hit Me Baby One More Time,” Britney Spears has been one of the world’s most famous and beloved pop stars. Yet despite her massive fame and fortune, Britney, who is now 39, has never truly had full control over her own life. …