“What-if” Planning Blog

Living Trusts versus Wills
Legal Prepare Your Affairs Legal Prepare Your Affairs

Living Trusts versus Wills

Wills and trusts are two legal documents that are used in end-of-life planning. In some cases, both may be needed to properly get your affairs in order. In other situations, one or the other may suffice and/or be advantageous over the other. While the goals of each are similar, how the goals are accomplished through each of these legal instruments is different.

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"I've Got the Power"...of Attorney
Legal Prepare Your Affairs Legal Prepare Your Affairs

"I've Got the Power"...of Attorney

It is important to understand the concept of “power of attorney.” Various versions of this legal document are recommended as part of your end-of-life planning.

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The Love Letters Kept
Mental/Emotional/Spiritual Prepare Your Affairs Mental/Emotional/Spiritual Prepare Your Affairs

The Love Letters Kept

One of the things we hear most often about loss is that when a parent/spouse/loved one passed away, survivors immediately look for something written that had their name on it. Whether it was a letter, a journal entry, a calendar, ANYTHING in their loved one’s handwriting that mentioned the survivor by name. I this week’s blog, we discuss one of our HIGHLY RECOMMENDED things to add to your end-of-life planning to do list. Write letters to your people. A journal is for you. A letter is for them.

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Estate and Game Plan
Legal Prepare Your Affairs Legal Prepare Your Affairs

Estate and Game Plan

Many people often use the term “estate plan” and “will” or “living trust” interchangeably, but they are, in fact, different concepts.

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