Trusts are excellent estate planning instruments when their circumstances are set up properly. However, most people have scant knowledge of trusts and believe their estate has no need for one. In most cases, creating a trust may be well worth […]
A power of attorney (POA) is a legal text in which an individual known as the “principal” delegates another person known as the “agent” to operate on his or her behalf. The POA empowers the agent to make either a […]
Whether revocable or irrevocable, all trusts involve the following participants: (1) the creator, who composes the trust’s wording and transmits property or funds to the trust; (2) the trustee, who adheres to the trust’s directives, invests funds from the trust, […]
A do-not-resuscitate order (DNR) is a legally binding medical order created by a physician at a patient’s request. DNRs are included in patients’ medical records and require the approval and signature of both physicians and patients. DNRs instruct health care […]
Making a living will is a job that many people overlook. It could be due to a lack of knowledge about what a living will is or a lack of interest in thinking about end-of-life matters. According to a recent […]
Having a will and testament is important, especially as we get older. However, if in the future your health declines, someone in the family may decide they want to change your will or contest it upon your death to get […]
A family trust is any legal trust that you set up for the benefit of your family members, and is commonly used nowadays in estate planning. You know your family best, and a family trust allows you to personalize the […]
Bell & Shah Law, LLC understands the nuances of estate planning. Leaving your hard-earned assets to your loved ones does not have to be complicated. We can assist in protecting finances that can be subjected to taxation providing the maximum […]
Even young people should consider how to handle their assets after a life changing event. Your estate includes vehicles, homes, and anything of value. But it is also for life changing events. Estate planning is one of the most important […]
One of the biggest unwelcome surprises your heirs may face is the amount of estate taxes they must pay to the federal government. While most estates do fall beneath the threshold for estate taxes and are, therefore, exempt, that may […]
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