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What you need to compliment your will

Now that the Super Bowl has come and gone, many men around the country are making new weight loss goals. According to a survey by NutriSystem, the average NFL fan packs on 10 pounds during the season. With the final game of season in the books, many can focus on shedding their NFL weight.

This commitment to a new healthy lifestyle could (or should) spill over into other areas of a man’s life, such as estate planning. Some believe that simply having a will is enough. However, this post will briefly explain how having other estate planning documents in addition to a will can help in making things easier when it comes to transferring money, assets and property. 

Durable power of attorney – This document enables someone you trust to make financial and legal decisions on your behalf in the event you are incapacitated. Indeed, things are different when you pass away; but before that, it is helpful to have a power of attorney to ensure that your affairs are properly handled.  

Health care directive – While a power of attorney applies to legal and financial decisions, a health care directive allows someone you trust to make health care decisions on your behalf. A health care directive is critical when you have family members who may have decision-making power, but do not know how to communicate effectively.

So as you embrace a new way of living to lose weight, you should not lose sight of ways to ensure that your estate is secure. Bring your estate planning questions to an experienced attorney.

Choosing the right executor for an estate

When people are thinking about planning their estate, they often think about trying to minimize the estate tax, keeping their will updated, and keeping items out of probate court; however, there is another important issue that people need to think...

Is an IRA marital property subject to division?

Plaintiff, age 67 at the time of divorce, and defendant, age 59 at the time of divorce, were married for 23 years. The judgment of divorce provides for a division of property. Defendant appeals arguing that the trial court erred in determining the...

Digital assets and estate planning

Since the first smartphones were introduced nearly a decade ago, there has been a gradual shift from widespread use of traditional paper documents to digital documents. If you need proof, consider that most people have plane tickets on their phones,...

Child Support Modification

Plaintiff sought an increase in child support, claiming the defendant-father's income had increased substantially, which constituted a change in circumstances. In July 2015, plaintiff filed a motion to modify child support. In that motion,...

A divorce shouldn't thwart your estate planning goals

We all know that divorce is not easy, no matter how ready you may be to get out of a troubled marriage. There are certainly emotional hurdles to overcome as you move on with life, and the financial hurdles may take longer to get over than you may...

Creditor's Rights Against Estates and Trusts

The probate court denied a petition for formal proceedings. The petition further identifies the petitioner as a "creditor" of the estate and states that "Litigation against the Estate is pending." Appellee is the widow and was...

What to know about will contests

You create an estate plan to make sure your heirs and beneficiaries are taken care of in the event you are no longer able to. You may also do so to minimize the bickering and infighting that may come between surviving family members who may have...

Why the disdain for the estate tax

With the federal income tax filing deadline coming this week, it is a good time to talk about taxes and how they may apply to estates. While federal estate tax applies to few estates (i.e. those valued at more than $3.5 million), it continues to be...

Should you get your criminal record expunged?

If you have been convicted of a crime, have served your sentence, and have followed all court recommendations, you should be able to put your past behind you and move on with life. Moving forward is critical given the stigma against...

Should college students have wills?

If your child is getting ready to graduate from high school this spring, you are probably amazed with how quickly the years have gone by since they first started kindergarten. This also means that you are getting older too, and you have probably...

Considerations in evaluating the prosecution's case

If you have been charged with a crime, it is essential to know how strong the government’s case is against you. Indeed, you may think the state has a flimsy case and has a snowball’s chance to prove you guilty beyond a reasonable doubt,...

The benefits of home health care providers

While the Affordable Health Care Act is poised to be amended or replaced completely, the law still has a number of useful provisions that some legislators are uncomfortable parting with. For instance, the current version allows states to create...

What to know about bail conditions

If you have been arrested and are being held on the suspicion that you have committed a particular crime, chances are that the only thing you are thinking about is getting out of jail as soon as possible and proving your innocence. Under state and...

More spent on aging parents than on raising children

Much has been reported on the escalating costs parents face in raising a child. From birth to age 18, it is estimated that parents spend an average of $234,000 to raise a child. But when it comes to caring for an elderly parent, the costs are...

Trial court enters divorce default judgment.

Plaintiff filed divorce action after a nearly 20-year marriage. Although defendant apparently participated in various pretrial conferences and discussed the terms of the divorce judgment, he did not answer the complaint, a default was entered, and...

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