What happens if there is no Power of Attorney

What Happens If There Is No Power of Attorney? One of the most critical aspects of estate planning is timing. If Powers of Attorney are not created prior to the incompetency of the person needing to grant the powers, then Guardianship may be your only option. The...

Who Can Challenge a Will

Who Can Challenge a Will? The short answer is that anyone can challenge a Will. However, there are requirements to be able to challenge a Will. The Criteria for Challenging a Will The minimum requirement is that the challenger has to prove that the Will being...

Estate Planning is Not Just for the Wealthy

Estate Planning Lake County | It’s Not Just for the Wealthy If you think that planning for the distributions of your assets is just for the rich, you are wrong. Whether you have $5 or $5 million, having a plan for the distribution of your assets will help those...

Is Your Estate Plan Outdated?

Is Your Estate Plan Outdated? Did you create your estate plan when your kids were born? That is a great start, but life changes over the years may have made that plan outdated. As your life evolves, your legal documents need to evolve with it. Things to Consider When...

Trusts vs Wills:  What is the Difference?

Trusts vs Wills: What is the Difference? Wills and Trusts are both tools used to transfer assets to individuals or organizations upon the death of the owner of those assets. However, that is where the similarities substantially end. What is a Trust? A Trust is an...