by Keith Hajovsky | Dec 18, 2024 | General Estate Planning, Guardians, Wills
It’s bad enough that 64% of Americans don’t have a will, but most parents of minor children have not named guardians for their children either. And you really need to name guardians for your children, because in some ways this might be even more important...
by Keith Hajovsky | Dec 11, 2024 | General Estate Planning, Guardians
A legal guardian is someone who is designated to take care of your child in case both you and the other parent of your child were to die before your child reaches adulthood. Yes, that’s a terrible scenario to think about, but unfortunately it’s a genuine possibility....
by Keith Hajovsky | Oct 30, 2024 | Estate Administration, General Estate Planning, Probate, Trusts, Wills
Can you avoid probate by having a living trust? (please also see Do I Need A Living Trust) Well yes and no. Yes, for all the assets that you actually place into the trust you can avoid probate for those particular assets. For example, you could deed your house to the...
by Keith Hajovsky | Oct 23, 2024 | General Estate Planning, Medical Power of Attorney, Power of Attorney, Wills
Here are some things to think about in regards to your estate planning documents during a crisis. The most recent example of a crisis that affected all of us was in 2020 and 2021 when COVID was in the depths of causing physical harm and financial havoc around the...
by Keith Hajovsky | Oct 9, 2024 | General Estate Planning, Living Will, Wills
What’s the difference between a Will and a Living Will is another question that I often get from people who contact me. Even though they may ‘sound’ very similar, they are actually very different documents that take care of very different issues. A Will is a document...
by Keith Hajovsky | Oct 2, 2024 | Estate Administration, General Estate Planning, Power of Attorney, Wills
“Can my Power of Attorney take care of my assets when I die?” I get this question fairly often. And even more often than that, as I am talking to people about their estate plans I learn that many of them incorrectly assume that their Power of Attorney will still work...
