When you work on creating your will, you will have one very important decision to make: who will serve as your estate’s executor. An estate executor has many responsibilities, including settling any of your estate’s debts, finding your assets and...
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Planning for the future after a dementia diagnosis
Dementia is a progressive syndrome that causes the gradual loss of thinking, memory and reasoning abilities. When a person enters the later stages of dementia, they might lose the ability to move around on their own, speak or make themselves understood and require...
Scaffolding accidents often lead to injuries
Construction workers often utilize many types of equipment to get the job done. In some cases, they may use scaffolding to work at height on the exterior of buildings or other structures. Unfortunately, scaffolding accidents are not uncommon, and when they occur,...
4 Things to consider when choosing a guardian for your child
It can be difficult to drag yourself away from life’s busy moments to start estate planning. But planning for your family’s future is crucial, especially when you’re a parent of young children. While many people think that estate planning is reserved...
Construction workers injured, killed after wall collapse
Many people do not know for certain how they would react if they are faced with a serious event. Unfortunately, in many cases, individuals involved in work-related accidents do not even have time to react or try to protect themselves because the incidents occur so...
Does a will need to be updated?
It's a common misconception that after someone makes a will, they no longer need to put any further thought into it. The truth is, there are many reasons a will may need updating after its initial creation. If there is a tragic accident and your will comes into play,...
Estate planning tips for new parents
Having a child changes everything in your life and brings new responsibilities to care not only for their everyday needs but their long-term physical and financial well-being. Parents make plans for their child’s education and upbringing, but one of the most...
The benefits of having a health care proxy and how to choose one
Should you suffer a catastrophic accident or are nearing the end of your life, wouldn’t you want to be in a certain setting (at home or in a hospital,) be surrounded by those you love most (family and friends,) and have your other health-related wishes...
As a guardian of your loved one, what are your duties?
Several estate planning tools can help individuals plan for the unpredictable and the unexpected. Not many people want to think about when their loved ones near the end of their lives or when they become incapacitated.However, it is critical to address these...
Non-US citizen spouses not exempt from federal estate tax
When you plan your estate, you will create a plan for where your assets go. If you have a lot of assets, your plan should have ways to avoid paying the federal estate tax. One way you can avoid this tax is to give your assets to your spouse.Spouses are exempt from the...