by erik@empirical360.com | Feb 22, 2023 | Estate Planning
If you’re like most people, it can be difficult to imagine a time when your family members and loved ones must pick up the pieces and move on with life without you. However, making specific and legally enforceable preparations now for that time can give you peace of...
by erik@empirical360.com | May 3, 2021 | Estate Planning
FAST FACTS It’s important to update your estate documents frequently, especially your financial power of attorney. Even if your documents are current and updated for five years now, once your financial power of attorney is three and a half years old, banks...
by erik@empirical360.com | Apr 26, 2021 | Estate Planning
FAST FACTS A will or revocable trust can be challenged or contested. The party will be able to file a petition with the probate court. While we generally try to avoid probate, the choice is up to you. And if it makes a difference between owning 50% and 100% of an...
by erik@empirical360.com | Apr 20, 2021 | Estate Planning
FAST FACTS Update your estate plan when it’s necessary. You may not pay a price today for missing estate planning updates, but you will pay a larger price down the road. While you don’t have to update your estate plan, the same way you don’t need to...
by erik@empirical360.com | Dec 21, 2020 | Estate Planning
FAST FACTS Non-children, organizations, and friends as beneficiaries are all possible options when splitting your assets. You can give a nominal amount of money or a percentage to each person. Be mindful that giving a percentage may leave an undesired amount of money...