The importance of Advanced Directives and Powers of Attorney during the COVID-19 pandemic. … [Read more...] about What is the Importance of Advanced Directives and Powers of Attorney during the COVID-19 pandemic?
Estate Planning FAQs
Why do you need an estate planning attorney?
These questions are just a few of the queries that you may have when it comes to making sure you create a proper and comprehensive estate plan. An experienced Vermont estate planning attorney can provide you with invaluable assistance in assessing your specific situation and making a plan that works best for you and the people you love. … [Read more...] about Why do you need an estate planning attorney?
Why is it important to choose a guardian for your child?
If you and your child’s other parent pass away before your child reaches adulthood, you need to make sure you have chosen an appropriate person to raise your child. You should do this by naming a guardian for your child. It is important to carefully consider who you believe can be an appropriate guardian. Think about their ability and willingness to raise a small child as you make this decision. Learn more here about your choice of a guardian and your children’s future. … [Read more...] about Why is it important to choose a guardian for your child?
What is intestate succession?
Intestate succession occurs when someone passes away without leaving a last will and testament or otherwise making an estate plan. There must be some way to make informed decisions on how the assets of the deceased person will transfer under these circumstances, so intestate succession laws dictate how the property transfers. These laws provide details on how money and property should be divided among close relatives, depending upon who the surviving family members of the deceased person are. … [Read more...] about What is intestate succession?
What happens if you die without a will?
If you die without a will but there have been other estate planning steps taken, it may not matter that you have no will. Your assets will transfer via trust administration and using the other mechanisms that you set in place for transfer. If you die without a will and you die without having made plans to distribute your assets, then intestate succession laws will apply to determine what happens to your property. These default laws aim to make certain that your assets appropriately transfer to … [Read more...] about What happens if you die without a will?
