Conversations about end-of-life care should not wait until someone is dying, but should begin with people in their 60s..It includes documenting your wishes and ensuring control over your assets in case of incapacity or death.
Introducing new associate at Geyer Law – Jude Byanski.
Love may be lovelier the second time around, but should also be entered into with both feet on the ground. Here is a second marriage estate planning “to do” list…
A letter of intent (LOI) can address many issues in both business and in more personal realms. Your LOI is a valuable piece in your estate planning, and although it is an informal letter, it can more fully represent your intentions after you die.
One way or another, the value of your business is going to directly affect the amount of tax you – or your heirs – will owe. Having a handle on your business value will prove invaluable.
Grandparents who took out student loans to help children or grandchildren – or adults who borrowed to pay for education after being displaced during the recession are now faced with the possibility of dying with the loans still unpaid. Some loans will be discharged on death; for others, life insurance can fund the repayments.
There are different ways to safeguard your documents and still make sure your heirs and executor know how to find them….