Your Last Will and Testament will likely serve as the cornerstone of your estate plan; however, if you create a more comprehensive plan, you will undoubtedly include additional estate planning tools and strategies. One of the most common of those estate planning tools is a trust agreement. Trusts have become increasingly popular in recent years due, in large part, to the flexible nature of the trust and the numerous estate planning goals that can be achieved using a trust. If you are contemplating the addition of a trust to your estate plan, be sure to avoid making a common mistake [Read more…] The post Lincolnshire Trust Administration Lawyers Offer Tips for Choosing a Trustee appeared first on Hedeker Law.
If you are a senior yourself, or you are the caregiver for someone who is, you need to know as much as possible about elder abuse and neglect because knowledge is power. One type of elder abuse is particularly pervasive in the United States – financial abuse or exploitation. Although financial abuse does not leave physical reminders with a victim, the aftermath of financial exploitation can be devastating, both to a victim and to the victim’s family. In an effort to help you avoid becoming the victim of financial exploitation, the Lincolnshire elder law attorneys have put together some useful [Read more…] The post Lincolnshire Elder Law Attorneys Offer Tips to Prevent Financial Exploitation appeared first on Hedeker Law.
Are you one of the millions of Americans who has yet to create an estate plan? If so, you are not alone. Surveys tell us that although most people understand the need to have an estate plan in place, over half of all Americans do not have one. People offer a number of explanations for their lack of an estate plan, most of which boil down to not knowing how or where to start with their estate plan. The Lincolnshire estate planning lawyers at Hedeker Law, Ltd. have seen first-hand the confusion that follows when someone becomes incapacitated or dies [Read more…] The post Lincolnshire Estate Planning Lawyers Offer Tips for Getting Started on Your Estate Plan appeared first on Hedeker Law.
When you think about estate planning, you likely focus on decisions surrounding the division of your estate assets when you are gone and the desire to provide for loved ones with those assets. Your estate plan, however, should do more than simply create a roadmap for the distribution of your estate assets. It should also include strategies for growing and protecting those assets over the course of your lifetime. In fact, without incorporating asset protection strategies into your estate plan now, you might not have any assets left to pass down when you die. To help you get started protecting [Read more…] The post Lincolnshire Asset Protection Attorneys Offer Tips appeared first on Hedeker Law.