Ways to Secure Your Wishes and Getting Your Affairs in Order
Death is not a topic that is easy to get excited about—especially when it concerns your own. However, there are practicalities to consider when it comes to the division and distribution of your estate when you are gone. Estate planning involves the various actions you must take and documents you must create to make sure your money and property goes to the people you want it to. Your first move should be to retain the services of a lawyer who specializes in the field. Only an attorney with the right expertise and experience will be able to draw up the kind of will that will be legally binding. Your lawyer…
What You Need to Know About Talking to a Lawyer About Your Parents’ Estate
As our parents age, we often take on the role of caregiver and confident. We learn things about our parents that we didn’t know before, whether by choice or by divine design. We come to know them in a way that seems both fragile and beautiful, all while trying to manage the overwhelm we feel as new caregivers of our parents. With the role reversal that happens as our parents age, it is difficult for adult children to know what comes next. But if our parents could muddle their way through raising us, we can certainly figure out how to care for them. As time goes on, though, more serious…
Finding The Right Lawyer For Your Case
When it comes to obtaining a lawyer, you want to be sure to perform your due diligence. Having a lawyer that’s either not experienced in a case like yours, or not experienced period, can cost you financially or if it’s a serious offence, time behind bars. If time permits, you should run through a step-by-step process of finding the best attorney for your case and you personally.
Some Frequently Made Estate Planning Mistakes by Physicians
For most physicians, the second step that they take after establishing a retirement account is doing some fundamental estate planning in the form of a revocable living trust or a will. Here are some of the common mistakes associated with estate planning that physicians make and how they have a negative impact on them and their families if the issues are not addressed effectively. However, the good news is that these slip-ups are quite easy to fix provided you seek the professional advice of your financial advisor or estate planner. Not Giving the Due Attention Physicians are mostly in the habit of putting off estate planning. They give priority to…
For Estate Lawyers Like Konrad Malik, Including Online Assets Increasingly Significant
When making estate plans, it’s important for people to consider all their property—and that means their digital property too. With the advent of social media, email, online banking and trading, smartphones and apps, and other innovations that allow everyone to stay connected, perform tasks, create, and work more efficiently, a tremendous amount of data is generated. But, the question is, what happens to your digital assets (your accounts, photos, and information) when you pass away? It’s a question not many people think about when making their estate plans, though, as it’s becoming increasingly clear, it’s a question that is all too important. What’s at stake Konrad Malik, an estate lawyer…
Legal Minefields: The Problems You’ll Face As Your Parents Grow Old
There’s a lot to take in when your parents show signs of aging. Not only does your relationship to them change from ‘cared for’ to carer of’, but there are an enormous amount of emotional issues that can arise. It’s not pleasant watching your folks deteriorate, both physically and mentally. And it’s tricky to comprehend all the different changes that will occur to them as they enter into a new – and potentially challenging – life stage. But another thing you need to consider is the law. Wherever there are people, there are legal issues, and it’s no different with aging parents. There are an astonishing array of problems that…
