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Category: Estate Planning

Women and Estate Planning

When people hear the term "estate planning," they often think of a wealthy older gentleman managing extensive business and personal assets. But estate planning is a smart step for everyone, especially women. Women generally step out of the workforce earlier…

In Case of An Emergency

We never know when an emergency situation might happen. Because of this, it is important for every person to carry emergency contact information in a wallet or purse. If a person has a cell phone, then it’s easy to list…

Advance Medical Directives

Question - Is it important to have an advance medical directive as part of your estate plan? Answer - Yes, an advance medical directive is an important piece of one’s estate plan. One of the fundamental rights enjoyed by every American is…

What is Estate Planning?

Estate planning is the process by which a person plans for the management of his or her assets, affairs and healthcare if he or she becomes disabled or dies. Prior planning produces positive results upon a disability or death. Failing…

Pet Trusts

Hook Law Center is often asked how can a client provide for a pet if the client becomes disabled or dies? Many states have adopted statutes that permit pet owners to establish trusts for the care of pets during the…

Legacy Letters and Ethical Wills

A recent Investment News article by Kathleen M. Rehl discussed the value of parents leaving “legacy letters’ for their children and grandchildren to share after the parents are gone. Traditional estate planning is important for everyone, but many people want to focus…