When to Update Your Estate Plan
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A prenuptial agreement (sometimes called an antenuptial agreement) is an agreement made between a future married couple. Barron’s Law Dictionary (6th Edition) defines a prenuptial agreement as follows:
Video content can be found within blog post.
The short answer is yes: A Living Will is different than a Last Will and Testament. A Living Will states your preference as to end of life decisions. A Living Will is the document that allows you to express your wishes to your health care representative and future medical providers.
Avoiding probate is often a goal of many estate planning clients. Clients might have had a bad experience with a previous probate administration. As a result those clients may want to avoid probate if it all possible.
Picture this: A client has decided he needs to do you his estate planning. He has made his appointment with the attorney. The attorney has met with the client. And after about an hour-long meeting to understand the necessary estate planning documents, the client now has to make a decision concerning whom will serve as his power of attorney, i.e. Attorney-in-Fact.
A commonly asked question at Vick Law is whether a trust is better than a will. As with many questions asked of attorneys, the answer is: “It depends”.