by Michael Baker | Dec 8, 2020 | Estate Planning, Financial Management, Long-Term Care
Conservatorship is the process where a person is appointed by the probate court to handle another person’s finances. The court may take such action for the individual’s own protection and welfare if they are unable to manage their property, finances, or business...
by Michael Baker | Nov 30, 2020 | Estate Planning, Prenuptial Agreement
The use of prenuptial (prenup) agreements in a marriage can have a bit of overlap with your estate planning. There are laws in every state that protect a surviving spouse’s property rights. These laws were originally enacted to prevent a spouse who did not earn any...
by Michael Baker | Nov 27, 2020 | Trusts
A special needs trust is an estate planning tool geared toward a person with special needs. It may be used protect and manage an inheritance for a child with special needs. It may be used when a person needs assets managed on their behalf in such a way that it does...
by Michael Baker | Nov 17, 2020 | Living Trust, Trusts
Also known as a revocable trust, a living trust is a highly beneficial estate planning tool and useful in a wide variety of situations – but trusts do not come without drawbacks. While the pros typically outweigh the cons, it is important for you to consider...
by Michael Baker | Nov 11, 2020 | Estate Planning
After you and your attorney have completed drafting your estate planning documents, it is important you store them properly. Your documents should be safe and also accessible by all the necessary people. Here are a few things you should do (or not do) with those...
