If your beneficiary designations are out of date and you die without updating those designations, your assets could go the wrong people–a former spouse, for example–no matter what your will says.
02/06/23 • by: The Law Office of John A. Laine, P.C.
Estate experts agree that a financial power of attorney is one of the most important documents to include in your estate planning. It allows you (the “principal”) to name a person you trust (your “agent”) to make decisions about your property and finances if you cannot.
01/26/23 • by: The Law Office of John A. Laine, P.C.
One reason for having a will is to make sure your wishes are carried out. If you die “intestate” (without a will), your assets will be distributed by state law, not by your desires.
01/26/23 • by: The Law Office of John A. Laine, P.C.
Will there be changes in your circumstances or your family that should lead to a review of your plan? Could some events cause you to need to revise or update the plan?
12/28/22 • by: The Law Office of John A. Laine, P.C.
Most of us would like to live and age in our current homes. More than 3 in 4 people — 77 percent — agree with the statement, “I’d really like to remain in my community for as long as possible,” according to AARP’s “Home and Community Preferences Survey”. Unfortunately, as we age declining health and finances […]
12/13/22 • by: The Law Office of John A. Laine, P.C.
If you tend to be a night owl, you may want to take some notes. That’s because a recent study published in JAMA Psychiatry found people who consistently get up early and remain active throughout the day tend to be happier and mentally stronger, especially in older age, when compared to people with irregular daily activity patterns.
11/25/22 • by: The Law Office of John A. Laine, P.C.
An estate plan works like the operating system on your phone or computer. It runs in the background. However, it needs occasional updates to keep the plan current.
11/11/22 • by: The Law Office of John A. Laine, P.C.
