In Part 1 of this post I discussed: 1) beneficiary designations in general, 2) order of precedence between beneficiary designations and a Will, 3) primary and secondary designations and 4) special consideration when a minor might be a beneficiary. In this post, I’ll address a situation when it is not a good idea to use […]
Thinking About Beneficiary Designations (Part 2) Read More »
Certain assets often have beneficiary designations: life insurance, annuities (which are life insurance products), 401(k)s, IRAs and other retirement accounts. Setting up your beneficiary designations the right way takes thoughtful planning.
First, you need to know that beneficiary designations take precedence over a Last Will and Testament, not the other way around.
Thinking About Beneficiary Designations (Part 1) Read More »
So, you have a house, a bank account, a 401(k) and a car…then you die. What happens to those things? Well—it depends. Is there a joint owner? A named beneficiary? A Will? A Trust? Any debts or creditors lurking out there? We’ve got to explore all of those things to decide what happens to your stuff at death.
What Happens to My Stuff When I Die? Read More »
Do you really know how you own your home? What does the wording on your deed mean? If you die, what will happen to your home?
Do You Know How You Own Your Home—Really? Read More »
In Part 1, Part 2, Part 3 and Part 4, I covered the important things you need to know about Powers of Attorney. Now that you’ve thoughtfully selected who to appoint as your POA and created your documents: What do you do with those documents? What does the person you’ve appointed as POA need to
What is a “Power of Attorney” (and why you probably need one)? [Part 5] Read More »
[Part 1] [Part 2] [Part 3] In the first three parts of this blog series, I discussed all the types and details about Powers of Attorney. Now, I want to finally address selecting your POA and creating a POA, and then what to do with it after it’s been created. Who to Select as a
What is a “Power of Attorney” (and why you probably need one)? Part 4 Read More »
In Part 1 of this blog post, I addressed 1) what a Power of Attorney (POA) is and 2) the different types: limited vs. general/durable and springing vs. immediate. In Part 2 I talked about the powers that should (and sometimes are not) granted in a Power of Attorney (POA). In this Part I’ll be
What is a “Power of Attorney” (and why you probably need one)? Part 3 Read More »
In Part 1 of this blog post, I addressed 1) what a Power of Attorney (POA) is and 2) the different types: limited vs. general/durable and springing vs. immediate. In this Part, I will discuss powers that can and should be given, what a POA can’t do, and who to select to be your POA.
What is a “Power of Attorney” (and why you probably need one)? Part 2 Read More »
What is It? A Power of Attorney isn’t my super-power as a lawyer—it doesn’t refer to a lawyer at all. A Power of Attorney (POA) is a private legal document that you can set up, which allows someone else to take care of business in your place. Example 1: I’m going to be out of
What is a “Power of Attorney” (and why you probably need one)? Part 1 Read More »
