Estate Planning and Administration
Massive changes to the rules and regulations relating to certain VA pension benefits were implemented on October 18, 2018. The affected VA pension benefits are commonly known as the "Aid and Attendance" benefits.
A little advice about how to conduct financial transactions through a power of attorney can save a lot of potential trouble in the future.
Probate is a court procedure that enables your estate assets to transfer to your heirs. When you pass, the "title" to certain assets cannot transfer to your heirs unless your Will is probated.
The Substance Abuse and Mental Health Services Administration tells us that in 2014, 22.5 million Americans aged 12 and older self-reported needing treatment for alcohol or illicit drug use.
If your intention is to give someone access to your accounts so that you have someone to help you with your finances in the event you are unable to independently handle your own finances, you can accomplish that goal through a Power of Attorney.
If you ever find yourself named as an executor of a loved one’s estate, it’s your duty to assess and protect assets, pay creditors, notify beneficiaries, file a final tax return, and much more.