When it comes to planning your estate, there are many decisions that need to be made that ultimately lead to a number of questions. One such query is that regarding living trusts vs. wills and which is better for an estate plan. Wills speak to one moment in time and that is when you die, […]
Essential Legal Documents Anyone With Alzheimer’s Needs to Have in Place
No one plans on Alzheimer’s, however a person diagnosed with Alzheimer’s should put some planning in place, while they still can, and in the form of legal documents. There are a number of legal decisions someone diagnosed with Alzheimer’s can and should execute, and as discussed in Can Someone Diagnosed With Alzheimer’s Still Execute Legal […]
Alzheimer’s Disease and the Validity of Wills and Trusts
If someone is diagnosed with Alzheimer’s Disease, and they don’t have their estate planning documents in place, the time to get them in order is now, while they still have the chance and before there are going to be any doubts about the validity of the documents. In this Elder Law Minute, Wes Coulson, Illinois Elder […]
Common Estate Planning Mistake #1: Failing to appreciate how assets pass upon death
In the first of this Common Estate Planning Mistakes series, Wes Coulson discusses the common mistake people make in failing to appreciate how assets pass upon death. Common Estate Planning Mistake #1: Failing to appreciate how assets pass upon death Transcript: Hi, I’m Wes Coulson and this is your Estate Planning Minute. This is going […]
Wills, Living Trusts and Powers of Attorney: How often should they be updated?
How frequently should Wills, Living Trusts and Powers of Attorney be updated? In this Elder Law and Estate Planning Minute, Wes Coulson offers his advice for updating these important estate planning documents. Wills, Living Trusts and Powers of Attorney: How often should they be updated? Transcript: Hello, I’m Wes Coulson and this is you Estate […]