Estate planning is a crucial process that enables individuals to ensure the orderly management and distribution of their assets and property in the event of their passing or incapacity. Estate planning packages, which typically include last wills and testaments or living trusts with powers of attorney (POA), are comprehensive tools designed to facilitate the smooth execution of a person’s […]

You would not step off a cliff, unless you were sure of how far the drop to the bottom was.  However, individuals do this every day with do-it-yourself estate planning gimmicks, which is similar to taking a leap of faith, not knowing whether or not a net will appear.  The DIY approach is wonderful for many things. But DIY

One often misunderstood yet valuable estate planning tool found in legal documents is the power of appointment. It should not be confused with a power of attorney, which delegates certain powers to an agent while the individual is alive. The power of appointment, when used wisely, can provide significant flexibility in an otherwise irrevocable estate