One of the most important reasons for parents to create an estate plan when they have minor children is to provide directions on what should happen with the guardianship of their children in the event they die. FindLaw explains that what happens to children when a...
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Types of powers of attorney
A power of attorney enables a third party to manage some element of another party's life while they are still living. There are multiple forms of powers of attorney and understanding them is important for anyone creating an estate plan. Some powers of attorney may...
What can you consider when choosing Power of Attorney?
Creating a power of attorney involves a variety of difficult decisions, which may cause you to procrastinate doing so. This is not unusual; Forbes reports that almost half of American seniors do not have any kind of estate planning in place, which may leave their...