Personal Affairs Help Guides and Resources | Page 6

Personal Affairs Help Guides

Components of an Estate Plan and How to Determine What You Need

An estate plan is something that everyone should have in place. Whether you only need one estate planning document or all of them will depend on your specific situation. While you may already have one component, such as a will, it may not be......

Bankruptcy: What You Need to Know

If you are overwhelmed with debt and live pay check to pay check, hoping nothing goes amiss, you are not alone. In 2016, nearly 800,000 people filed for bankruptcy so they could relieve themselves of their financial burdens and get a fresh......

Estate Planning: When to Update Your Plan and Why

If you have an estate plan already in place, then you have started off on the right path. If you do not have one yet, it is time to get one drawn up so you can have a plan in place. However, once you have your estate plan made, it is not......

The Importance of a Comprehensive Medical Power of Attorney

If you are injured in an accident, having surgery, or develop a condition that makes it impossible for you to make your own decisions, then a representative you choose can make decisions on your behalf. When you appoint a medical power of......

What Is an Affidavit and When are They Used?

In a nutshell, an affidavit is a sworn statement that is in writing. Affidavits are usually used in a court or in negotiations. They are common in family law cases and bankruptcy cases. They are also used in civil and criminal cases, though not as often as family or bankruptcy law cases. They must be notarized and you must swear that the facts conta......

How to Get Power of Attorney

Simple Tips to Getting Power of Attorney for You or Your Loved One When you grant someone power of attorney, you give them authority to handle some or all of your financial affairs on your behalf during your lifetime. A power of attorney can have a variety of uses, but it is most common in the estate planning context. Creating a power of attorney ca...

Essential Estate Planning Updates to Make After You Get Divorced

Divorce holds considerable implications not only for your financial future, but also for the future of your loved ones and even your medical care. To that end, it is imperative that you revisit your estate plan as soon as you seek divorce or separation. Keep the following estate planning considerations in mind as you proceed with your divorce. Befor...

7 Key Estate Planning Steps to Follow When You Have Kids

As a new or soon-to-be parent, you begin to realize that there is very little you would not do to protect your beloved children. Babyproofing your home and finding the perfect car seat are important steps, of course, but have you created a contingency plan to ensure your child continues to receive amazing care once you are no longer around? Do you k...