Many Americans believe that estate planning is something people only do if they have a lot in the way of assets or are nearing retirement. However, the reality is that it is possible to die at any time, and having a plan in place can help make life easier on those who...
How can I be cautious with a power of attorney?
A power of attorney can protect you and your estate if you become unable to make decisions for yourself. It is a handy tool, but in the wrong hands, it can be dangerous. Business Standard explains that you should be careful and cautious when choosing the agent for...
What are some reasons for creating a health care directive?
New York's Health Care Proxy Law allows you to name an individual to act as your proxy if you become severely ill or incapacitated. By creating a health care directive, you may leave written instructions for your chosen agent to follow if you do not have the ability...
Do you know to avoid these estate planning mistakes?
You feel ready to plan your estate, but you have a lot to learn to create a thorough strategy. For instance, what mistakes should you look out for? Kiplinger offers tips for avoiding estate planning landmines. Learn from others' slip-ups rather than make your own. ...
