If you carry a life insurance policy, it will be considered an investment and an asset and be included in your estate after your death. Because of this, the proceeds from that life insurance – the death benefit – can… Read More
Archive for the ‘Estate Planning’ Category
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The Essential Assets to Include In Your Will
Estate planning can be overwhelming, but it becomes much easier to manage when you understand the different parts of your plan and why they are essential. If you have not yet started an estate plan, working with the experienced professionals… Read More
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Estate Planning for Blended Families: Essential Tips
A blended family can bring a lot of joy into your home but can, unfortunately, make estate planning a bit more complex. How can you make sure that every family member is taken care of if a parent were to… Read More
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Common Questions About The Estate Probate Process
The estate probate process can be quite complicated. This process is essential for ensuring that the assets of a deceased person are distributed correctly. Before starting probate, it’s best to acquire the guidance of an experienced lawyer. At The Millman… Read More
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Debunking Common Estate Planning Myths
There are numerous misconceptions out there about the law and, of course, many myths related to estate planning. Some of these misconceptions may be discouraging you from seeking the help of an estate planning lawyer or planning your estate, to… Read More
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How Does Your Life Insurance Trust Work?
As you begin estate planning, you may start considering a life insurance trust. This kind of trust can help you protect your assets and guarantee that your wishes for them are honored. This trust owns your life insurance policy, and… Read More
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A Beginner’s Estate Planning Checklist
If you’re ready to draw up an estate plan, you may be overwhelmed by the process. Estate planning is essential for preparing the security of your future, family, and property. Knowing all of that, it can be hard to start… Read More
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The Times in Life When You Should Update Your Will
Updating your will can seem like a hassle or something to put off, but that’s not the case. If you fail to update your will appropriately, it can cause many problems for your family and beneficiaries once you pass away…. Read More
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Why You Need to Include a Health Care Proxy In Your Estate Plan
When crafting an estate plan, some essential parts should never be overlooked. One of these crucial components is the naming of a health care proxy. A proxy is a person appointed to make medical decisions for you if you cannot… Read More
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How Adding a Trust Can Strengthen Your Estate Plan
Putting together an estate plan and understanding the differences between wills, trusts, powers of attorney, and more can be challenging. Fortunately, your estate planning lawyer at The Millman Law Group can help you navigate this process. One of the advantages… Read More