As your child embarks on their new journey into adulthood, creating a power of attorney, HIPAA, and health care directive for them is a simple but powerful step to ensure you can support them during emergencies.

By having an estate plan, you avoid a long drawn out, public and expensive process and make it private. It may be motivating to hear about the probate process.

When you pass away, in the absence of a Will/Trust, your estate undergoes probate, a potentially lengthy and expensive process.and default rules determine estate administration and property recipients.

I strongly recommend reviewing your estate plan every 3-5 years with your attorney to ensure it remains aligned with your wishes and circumstances.

It’s the number of beneficiaries that matter, not the number of trustees.

Though it varies from case to case, depending on the makeup of the trust assets, how all of the assets were vested and the type of revocable trust, it’s typical for a trust administration to take about a year or little longer.

On-line Estate Planning complements on-line financial planning and has many desirable attributes.