A Power of Attorney is part of even the simplest estate plan. A Power of Attorney allows your Agent to act for you. There are Powers of Attorney for financial matters and also those for health care. This is the first in a three-part series of articles on Powers of Attorney. This first article examines the Financial Power of Attorney. The second article will address the Healthcare Powers of Attorney. The third article in the series will focus on a “HIPAA” Power of Attorney. These three documents … [Read more...] about The Basics: Financial Power of Attorney
Modifying an Irrevocable Trust
Modifying an Irrevocable Trust by Steve Hartnett In the past, trusts often were drafted with little flexibility. Now, more and more, trusts tend to be drafted with increased flexibility and there are even ways to change “irrevocable” trusts. This is the third part of a three-part series. The first part examined ways of building flexibility into a trust. The second part examined using Trust Protectors to add flexibility to a trust. This third part examines modifying a trust by going to … [Read more...] about Modifying an Irrevocable Trust
A Trust Protector Adds Flexibility
Trusts can be drafted to be quite flexible. This article examines how a Trust Protector can add flexibility to your trust. This added flexibility can increase the usefulness of your trust. Trust Protectors Add Flexibility by Steve Hartnett In the past, trusts often were drafted with little flexibility. Presently, trusts are drafted with increased flexibility, and there are even ways to change “irrevocable” trusts. This is the second part of a three-part series. The first part … [Read more...] about A Trust Protector Adds Flexibility
Making Trusts More Flexible
Trusts can be drafted to be quite flexible. This article examines several ways you can add flexibility to your trust which will increase its usefulness. Making Trusts More Flexible by Steve Hartnett In the past, trusts often were drafted with little flexibility. Now, more and more, trusts tend to be drafted with more flexibility and there are even ways to change “irrevocable” trusts. This is the first of a three-part series. This first part examines ways of building flexibility … [Read more...] about Making Trusts More Flexible
529 Planning
This article focuses on how to plan using 529 Plans. This fourth article in the series gives many insightful tip. 529 Plans: Planning for Education with a Tax and Asset Protection Bonus by Steve Hartnett <img class=" wp-image-15521 alignleft" src="https://www.aaepa.com/wp-content/uploads/2019/08/Education-300x300.jpg" alt="" width="184" height="184" />This is the fourth in a series focusing on planning for children. The first article was focused on the importance of … [Read more...] about 529 Planning
