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Use Estate Planning to Build Your Legacy
There is a wide-scale misconception that trusts and estate planning are exclusively for the super wealthy. However, the average trust according to the IRS has only $250,000 in it. The reason for that is that you don’t have to be a millionaire or billionaire to benefit from trust building and estate planning. Middle class families…
What is the Difference Between a Will & a Living Trust
If you were to ask most people, they’d have a vague idea about what a will and a living will are. Both have something to do with transferring and protecting assets, yet each has its own purpose. In this guide, brought to you by Zaremba Center in Williamsburg, we will be going over the precise…
Checklist for Creating Your Estate Plan
Here’s a handy checklist to ensure that your loved ones are taken care of after you’re gone. Any estate plan whether its foundation is a simple will or is trust based should be a well-written document that describes how you’d like your property to be distributed after you pass away. If you’ve been procrastinating on…
What is a Power of Attorney?
Wondering what a power of attorney (POA) is and what power it gives the agent of it, specifically? A power of attorney is a document that allows an individual to designate an individual or organization to have the power to manage their estate and affairs under specified circumstance, usually to do with situations where one…
Actress Edie McClurg is Battling Dementia
Actress Edie McClurg, famous for her role as Grace, the assistant principal in the 1986 comedy Ferris Bueller’s Day Off, is currently in a situation that is demonstrative of why it’s always a good idea get estate planning services while you still can live on your own without the help of others. According to the…
Why Does My Estate Plan Need to Be Reviewed?
Why Does My Estate Plan Need To Be Reviewed? Despite popular opinion, an estate plan is not simply a one-off document. Instead of thinking of them that way, consider it more like a car, where it must regularly be maintained and repaired to keep it in good condition. As you move through stages of life…
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