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 You may have a tea pot collection, or civil war memorabilia or model trains. You have a pretty good idea who would enjoy this collection and want to make sure they get it when you are gone. Should you put it in your Will? How often will you have to re-write your Will as your collections vary and you have new friends. There is a very practical solution that I recommend to my clients. Read more…. If you have minor children you definitely should have a will. Parents I talk to say they’ve been meaning to get around to it, they can’t afford it, or don’t see why they need one because they have no “estate”. I have added estate planning to my practice to counter these very arguments. My intention is to make it affordable and easy to take care of this important matter. Read more…. In my family law practice I advise my clients to change their will. I find that many of them do not have a will. I have decided to expand my practice to include Estate Planning. Estate planning is not financial planning but should be a part of any financial plan. Estate planning is more about “End of Life Issues“. Not what most people want to think about right? A basic estate plan should include, at the very least: A will, a Health Care Directive, a Power of Attorney for Health Care and a Durable Springing Power of Attorney. You may also want a Revocable Trust, minors trust, and trusts used to reduce inheritance taxes. Read more…. I send my clients a letter with their final divorce papers. I always advise them to update their wills and estate plans. Most of them don’t do it. I think I will start being more proactive because it is important. Here are a few things you might want to consider: Who has power of attorney for health care? |
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Copyright © 2012 Divorce For Grownups - All Rights Reserved Karin Quirk, Attorney at Law | 5400 Carillon Point, Kirkland, WA |
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Karin Quirk
