Both a living will and a power of attorney can be used to assist in planning for your future healthcare needs. Some people opt to cover all their bases by using both, while others will rely primarily on advance directives like a living will. There are some benefits,...
The name "irrevocable trust" suggests that it can never be changed, and that is a general idea. These are trusts that you’re only supposed to make when you’re very sure of exactly how you want to use the assets you’re putting into them. You can’t just alter or cancel...
You have a significant amount in your bank accounts — and you don’t relish the idea of those accounts being passed through probate and being subject to taxation or other fees. You’d much prefer that they pass directly to your heir(s) after your death. At the same...