The first question you need to ask yourself is if the last will and testament the only thing you need. The reason why most people don’t ask themselves this question is because they are not aware that there is anything else. In most cases, if you think you need a will, you probably need an…
A power of attorney allows a young adult to appoint someone they trust. To make important financial and legal decisions on their behalf if they become incapacitated or unable to make decisions for themselves. This can be especially important for young adults who are away at college or living independently for the first time. Without…
What Is Power of Attorney? Power of attorney, or POA, allows a person of your choosing to manage your financial or medical affairs if you are unable to do so. Without a POA in place, If you become incapacitated, the court will have to appoint a guardian or conservator. that course of action takes time…
Difference Between a Revocable Trust and an Irrevocable Trust There are two types of trusts – As clearly expressed in the title of this article. One is called a Revocable Trust, and the other – is an Irrevocable Trust. So far so good. To easily tell them apart, there is one major difference between the…
What Are Digital Assets? The definition of a digital asset is “anything that exists in binary data which is self-contained, uniquely identifiable, and has a value or ability to use.” Digital assets include but are not exclusive to digital documents, audible content, and motion picture. As well as other relevant digital data that exist on…
The last part of the Connecticut Advance Healthcare Directive form includes a section that begins “I hereby make this anatomical gift…” The section includes several boxes to check to make a choice about which organs the person wants to donate and for what reasons…
