Tag: estate planning
An estate planning attorney expects to turn on HBO Max to escape from the day-to-day issues on which we advise our clients. Yet, in an early episode of The Pitt, a medical drama set in a hospital emergency department, a common estate planning decision took a leading…
Previous articles in our e-newsletter have discussed incapacity planning through powers of attorney as a critical component of estate planning. However, there are a few reasons why it is especially important for people in their 20s and 30s to plan for the possibility of incapacity through powers of…
The most common reason why young families reach out to Bulman Dunie for estate planning is because they want to ensure that their children are protected should anything happen to them. An estate plan offers several mechanisms to protect and care for your children should…
Ch-ch-ChangesPretty soon you’re gonna get a little olderTime may change meBut I can’t trace timeI said that time may change meBut I can’t trace time “Changes” by David Bowie When clients sign their estate planning documents, whether it is a power of attorney, a will,…
When we navigate estate planning documents with our clients, there is a dizzying array of roles and positions within the documents. With the Academy Awards just last weekend and movies on our mind, we present the Estate Planning Cast of Characters, our handy reference guide…
Estate planning clients often engage us along with their spouses. Even though each spouse signs their own will, they often coordinate their documents with one another after a major life event, such as a marriage, birth of a child, or emancipation of grown children. These clients…
You’ve finally crossed that item off your household to-do list. You’re going to meet with an attorney to discuss your estate planning. What should you expect both before and after the consultation? Before the Consultation — The Intake Questionnaire Prior to your consultation with the…
“Who should we give copies of our estate planning documents?” Almost invariably, we are asked this question by our estate planning clients at some point during our work with them. The answer is “it depends”. It depends on the documents you have signed. It depends on where you are…
We have previously written about health care powers of attorney and financial powers of attorney. For a health care power of attorney (an advance directive), a health care surrogate’s authority does not vest until medical providers are satisfied that the principal (the person nominating the surrogate)…
Nearly all Americans participate in retirement savings and/or have a policy of life insurance. In addition, many Bulman Dunie clients hold brokerage accounts. Retirement savings plans, insurance policies, and brokerage accounts have one common element. When you open the account or take out the policy,…
