Posts By: Stephanie A. Lord, Estate Planning Attorney

Basic Documents for Incapacity Planning

Posted by & filed under Incapacity Planning, Wills and Trusts.

If you have not included an incapacity arrangement in your estate plan you should do so immediately. Every person needs an incapacity plan to care for their financial assets and medical needs in the event of a mental disability or major physical ailment. Advance Health Care Directive An Advance Health Care Directive allows you to… Read more »

Three Common Retirement Investment Errors

Posted by & filed under Retirement Planning.

When you create a financial plan for your retirement, saving is essential, but investing your savings is equally significant. As your retirement plan takes form, watch out for these common investment errors. Not Diversifying Diversifying your investment means putting your capital into a variety of money making opportunities. If you prefer safe investments, focus on… Read more »

What is the Difference Between a Revocable and Irrevocable Trust

Posted by & filed under Estate Planning, Wills and Trusts.

The primary difference between a Revocable and Irrevocable Trust is flexibility. Revocable means you can make changes to your trust. Irrevocable means that once it is created the terms are final and you cannot alter fiduciaries or beneficiaries. What Revocable Does A Revocable Living Trust is a common estate planning document that can help property… Read more »

Why You Should Include Your Business in Your Estate Plan

Posted by & filed under Small Business Planning.

If you own your own company, you know that running a business is a complicated venture that takes loads of planning time. Besides planning to grow and expand your business, you must alsodetermine what will happen after your death. No Business Estate Plan If you don’t include your business in your estate plan, then it… Read more »

How to Choose A Guardian for Your Children

Posted by & filed under Guardianship, Parents w/Young Children.

Are your children under the age of eighteen? When you plan your estate, choosing a guardian for your minor children is one of the hardest and most important aspects. Here are four qualities to consider when you pick a guardian. Responsible The guardian or guardians you choose should be responsible and over the age of… Read more »