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The Woeful Inadequacies of Traditional Estate Planning: The Four Critical Questions You Need To Ask Yourself

By Team iBizExpert On March 10, 2022 03:43 PM No Comments
Most people think of meeting with a lawyer and making legal documents when I say the words "estate planning." Usually, these papers include a will, a power of attorney that lasts, a health care proxy, and maybe even a trust. After you write these...

Using Life Insurance Wisely

By Team iBizExpert On February 07, 2022 08:24 AM No Comments
At least one of the financial providers in a family should be covered by life insurance. A policy should always be in place in case one of the main breadwinners dies. This way, if the breadwinner dies and the family has no other source of income,...

Living Wills Decide Who Will Make Decisions When You Can't

By Team iBizExpert On February 06, 2022 08:04 AM No Comments
Many people want to know what legal documents they need to make sure that, if they become sick or injured and can't speak for themselves, their end-of-life wishes are known and carried out. Advance directives are a set of documents that lay out a...

Living Wills Make Final Wishes Known

By Team iBizExpert On February 05, 2022 08:36 PM No Comments
People remember how sad it made them feel to watch Terri Schiavo die while her family argued about what they thought she wanted. You should write a will. Living Wills have been around for a long time, but everyone knows about them...

Living Wills Can Kill You

By Team iBizExpert On February 05, 2022 08:24 PM No Comments
Those who are in a vegetative state and do not have a Living Will are, of course, better off. People need to know, though, that many of the Living Wills that are used today have big problems. Wills must be easy to understand. A...

Living Wills Are An Important Part Of Life

By Team iBizExpert On February 05, 2022 08:17 PM No Comments
If you are a young couple with young children, a good job, and a good life, you are not ready to think about the end of your lives. But you should give it some thought. Terry Schiavo is a good example. She was only 26 years old when a...

Living Will Is An Answer To A Problem

By Team iBizExpert On February 05, 2022 08:04 PM No Comments
Terri Schiavo was the face of an emotional fight about the right to live and the right to die for a lot of people. It started a heated debate around the world and even got people who didn't care about politics to take a stand. Last Will...

Estate Planning and Insurance Concerns When You Divorce

By Team iBizExpert On January 31, 2022 04:04 PM No Comments
If you and your partner are getting a divorce, you have to do a lot of planning. You will need to choose your own beneficiaries, set up your own estate, and organise how your assets are split up. You should talk to a good lawyer about the...

Estate Planning - Capacity Challenges

By Team iBizExpert On January 28, 2022 12:33 PM No Comments
In a culture like ours, which is heavily influenced by British common law, wills and trusts have an interesting history. Wills' bequests have been the main focus of a lot of mystery fiction, where secretive and worried relatives wait around a...

Estate Planning - Rules and Trustees

By Team iBizExpert On January 28, 2022 12:22 PM No Comments
If you are smart enough to try to put some of your assets into a trust (inter vivos) while you are still alive, you have been paying attention to the important differences between wills and trusts. A trust that you set up during your life is much...

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