Ledbetter.law

Planning for Your Possible Incapacity

WEBComprehensive estate planning involves more than just planning for your legacy after your death, avoiding probate, and reducing taxes. Good estate planning …

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URL: https://ledbetter.law/planning-for-your-possible-incapacity/

Five Mistakes Successor Trustees Make (and How to Avoid Them)

WEBTo prevent this mistake: Detail the fiduciary role of the successor trustee in the trust document and be certain that the successor trustee understands the role. 2. …

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How to Talk to Mom and Dad About Creating an Estate Plan

WEBConversations about incapacity, death, and dying are rarely fun. Most people avoid them because it can be unsettling to discuss failing health and the inevitability of …

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What is HEMS and Why is it Included in So Many Trusts

WEBThe acronym HEMS is commonly used in estate planning. HEMS, which stands for “health, education, maintenance, or support”, is frequently included in trust …

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Choosing the Right Trustee for Your Living Trust: Why a …

WEBCreating a living trust is an excellent way to protect and manage your assets, prepare for your possible incapacity, and provide for your loved ones. One …

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Aligning Your Assets With Your Trust

WEBFor many, a comprehensive estate plan begins with a living trust agreement. Working with an attorney to create a trust is an important step. But just getting the …

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When to Consider a Testamentary Trust

WEBAvoiding probate is one of the main reasons that many people create a revocable living trust during lifetime instead of relying on a will to transfer their money …

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Three Legal Strategies When Facing a Major Health Event

WEBWhat You and Your Family Need to Know Receiving a health diagnosis or learning that you need to undergo major surgery can cause substantial disruption in your day-to-day life. …

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National Safety Month: A Revocable Living Trust as Your Tool for …

WEBFor over a quarter of a century, the National Safety Council has recognized June as National Safety Month. An objective of National Safety Month is to raise public …

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We All Need a Yearly Checkup: Your Estate Plan Does Too

WEBIt is common for many folks to get an an annual physical. We see the value in detecting and treating problems before an illness or health condition becomes serious. It …

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Statements of Intent or Purpose in Your Trust

WEBThere are two main ways a trustmaker can document their intents and purposes for their trust. Each approach has a slightly different purpose. Both are …

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COVID-19: A Reminder of Why Estate Planning is Important

WEBCOVID-19 has been a stark reminder that we do not know what our future brings. We do not know what is around the corner that may affect our ability to care for …

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The Helpers You Name in Your Estate Plan

WEBA comprehensive estate plan may include a Trust, Will, Durable Power of Attorney, HIPAA Authorization, Healthcare Power of Attorney, and Funeral …

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Investment and Distribution Trustees: Why Would I Need Both

WEBWhen creating a trust, it is common to name yourself as the initial trustee who is responsible for all aspects of administering the trust. However, when considering …

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Handling the Legal Affairs of a Missing Person

WEBThe Department of Justice reports that approximately 600,000 people go missing in the United States each year. The loved ones who are left behind must carry …

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Estate Planning for Independent College-Bound Children

WEBAs our children grow into young adults and prepare for college, their journey towards independence becomes a priority. However, it's crucial to consider their legal …

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Does a Domestic Partner Have the Same Rights as a Spouse When …

WEBDomestic partnership is an alternative to marriage, the most common way for a couple to legally commit to each other. For some time, domestic partnerships and civil …

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