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It’s not a topic you usually discuss with others, even those closest to you. https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1659288623793-617IUDR8QJ8NGQ1KCV6Q/unsplash-image-pypeCEaJeZY.jpg Blog - Financial POA: Who Makes a Good Candidate? - Choose someone who is good with money and finances This probably seems obvious right?! But, let’s consider this example: https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1659288324629-LVCHYQI93HB0WTSO3BZ6/unsplash-image-TkrRvwxjb_8.jpg Blog - Financial POA: Who Makes a Good Candidate? - Choose someone you trust completely I want to emphasize this – when you choose your financial POA, don’t just choose someone you think you trust. Choose someone you trust completely!! https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1659288801473-ZWGDSP2QU3SQP3AQYILV/unsplash-image-Jnxtlv_Fo14.jpg Blog - Financial POA: Who Makes a Good Candidate? - Choose someone who is responsible Money and finances are typically things that cannot be delayed, pushed back, or procrastinated. If you were to become incapacitated, your bank isn't going to say, "Don't worry! You can push back your mortgage payment another month!" Nope. https://www.cherishlegal.com/blog/financialpoa monthly 0.5 2024-01-22 https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1657495383702-AXRBBS7MUXLMHJ9OWOL4/unsplash-image-O33vBPD6hAw.jpg Blog - What is a POA for Finances and Why Do You Need One? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1657497343685-XVWBX6JJEN94YBAICLTB/unsplash-image-yH18lOSaZVQ.jpg Blog - What is a POA for Finances and Why Do You Need One? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1657496927120-DIYVZ8EZJ4AP402AEFPB/unsplash-image-jCIMcOpFHig.jpg Blog - What is a POA for Finances and Why Do You Need One? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1657496648555-U5D4WXT5XHRMS97POVFU/unsplash-image-0-uzdU3gUYw.jpg Blog - What is a POA for Finances and Why Do You Need One? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.cherishlegal.com/blog/probate monthly 0.5 2024-01-22 https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1655847543909-UKSMF7OZMQ3NU8O2DDQT/unsplash-image-tE7_jvK-_YU.jpg Blog - All About Probate - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1655847742577-EE9QZME4M83CJ4AIG4QJ/unsplash-image--vzClPe2Yj8.jpg Blog - All About Probate - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1655846989317-OBMW6RJD47DG7Z3T0YBS/unsplash-image-XGvwt544g8k.jpg Blog - All About Probate - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1655845540693-1C26N20SPQIXHAQAE45U/unsplash-image-6tT2B3-Boj0.jpg Blog - All About Probate - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1655847274620-87JNAIJ6WBO7W5ETV805/unsplash-image-fXkoHG4dYxA.jpg Blog - All About Probate - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.cherishlegal.com/blog/validwill monthly 0.5 2024-01-22 https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1655152240095-T8XBZJYIZ6SBNR608FF2/unsplash-image-38MGlMtsZyc.jpg Blog - What Makes a Will Valid? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1655151794454-L62BAHTGYISNR3GX3ZBN/unsplash-image-KieCLNzKoBo.jpg Blog - What Makes a Will Valid? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.cherishlegal.com/blog/changingyourwill monthly 0.5 2024-01-22 https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1654625342165-KKFOZ3B576OIZ4OZ1AXO/unsplash-image-Z4GKcFAGck4.jpg Blog - Changing Your Will - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1654625004102-4GTHEAZHW7SQDWSZDG76/unsplash-image-WzXRrddFWEY.jpg Blog - Changing Your Will - How to Change your will So the next question becomes, how do you make changes to your will once your will is already in place? You have two options in the event you want to make changes to your will. https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1654876324768-USL8J72O0OV1NB1VW2HX/unsplash-image-38MGlMtsZyc.jpg Blog - Changing Your Will - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1654876412266-59W6PBDGYIYORF85NR99/unsplash-image-VpcgTEKerEQ.jpg Blog - Changing Your Will If you have questions about how to update your will, its best to speak with an attorney for advise! https://www.cherishlegal.com/blog/executor monthly 0.5 2024-01-22 https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1652809996108-Z1XLTG4579HF2JJSC5N8/unsplash-image-glpYh1cWf0o.jpg Blog - What is an Executor and How Do You Choose One? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1652813067120-JVEQ2LPPY94YXAHCABBA/unsplash-image-DQGw6NKpqPg.jpg Blog - What is an Executor and How Do You Choose One? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1652801145641-C25ZWJO5M1ZR018CHH26/unsplash-image-IYU_YmMRm7s.jpg Blog - What is an Executor and How Do You Choose One? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1652801694186-AB3OCJ3Q8WCH7WOK3BLG/unsplash-image-11SgH7U6TmI.jpg Blog - What is an Executor and How Do You Choose One? https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1652809553462-IDEA3E7DHCONLQF89IDE/unsplash-image-rymh7EZPqRs.jpg Blog - What is an Executor and How Do You Choose One? https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1652810058400-UGU2RK85KD6NVLF7ED20/unsplash-image-aiqCqSHaOCc.jpg Blog - What is an Executor and How Do You Choose One? https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1652809294837-4XTINQMADEBPMHX4JQ4V/unsplash-image-QRUCRhPKInY.jpg Blog - What is an Executor and How Do You Choose One? https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1652809362006-XQH4G2XO0Y2GOQ4ZT5XU/unsplash-image-hXVVNB6Qctg.jpg Blog - What is an Executor and How Do You Choose One? https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1652809793236-WEYTDCA53SF0FJRELQBO/unsplash-image-RkIsyD_AVvc.jpg Blog - What is an Executor and How Do You Choose One? https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1652810175345-3E63ZKXI3G568DE70DWE/unsplash-image-RJQE64NmC_o.jpg Blog - What is an Executor and How Do You Choose One? https://www.cherishlegal.com/blog/prosandconswill monthly 0.5 2024-01-22 https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1652734226694-N7XOIL01GXWCNIPAU739/unsplash-image-YFItC9nQK7o.jpg Blog - Pros and Cons of Using a Will - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.cherishlegal.com/blog/whatisawill monthly 0.5 2024-01-22 https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1652213011037-DDLQ46P5CPXVRCAQF5YG/unsplash-image-r_X4YHAlBPo.jpg Blog - What is a Will and Who Needs One? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1652735723907-ZAHPCDBOPJ0W71OH0M61/unsplash-image--dcznEJPmsk.jpg Blog - What is a Will and Who Needs One? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1652736148687-INIUVWLDT943LT1LQ8G3/unsplash-image-IE8KfewAp-w.jpg Blog - What is a Will and Who Needs One? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1652735837117-9BS7XG1GIII02L529F71/unsplash-image-YLMs82LF6FY.jpg Blog - What is a Will and Who Needs One? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1652736980610-I0HFKG6E04R2BJAGTPK8/unsplash-image-zd8px974bC8.jpg Blog - What is a Will and Who Needs One? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.cherishlegal.com/blog/other-professionals monthly 0.5 2024-01-22 https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1650058642493-76UCHUHPE0TK78R5N3Y3/unsplash-image-6awfTPLGaCE.jpg Blog - Other Professionals on Your Team - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1650948300066-Q1UFG9HOIM6VD3VMBRL9/unsplash-image-KdeqA3aTnBY.jpg Blog - Other Professionals on Your Team - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.cherishlegal.com/blog/should-family-members-on-your-estate-planning-team monthly 0.5 2024-01-22 https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1647494737175-QFPOO5W2MJRZB4JEFN2V/unsplash-image-Etn6hTxRqLU.jpg Blog - Should Family Members be on Your Estate Planning Team? - You are not required to choose a family member The first thing to note is that you are not required to choose a family member. This is particularly important when you’re talking about who you choose as the guardian of your minor children. https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1647495186343-8T3D4CAEMVP1GLLH5GTF/unsplash-image-BbSBf5uv50A.jpg Blog - Should Family Members be on Your Estate Planning Team? - Does that family member possess the necessary traits? The second thing to consider is: does that family member possess the necessary traits for the role you wish them to fulfill? https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1647495530338-5AGN18YAP2AOL2RCCQCI/unsplash-image-Z_t6gnbLmXA.jpg Blog - Should Family Members be on Your Estate Planning Team? - Is the family member willing to do it? And lastly, you want to make sure the family member you choose is willing to take on the role. https://www.cherishlegal.com/blog/your-estate-planning-team monthly 0.5 2024-01-22 https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1646684710712-2PMWMM9VQYJ0OOGEU2X5/unsplash-image-6awfTPLGaCE.jpg Blog - Who Is On Your Estate Planning Team - Who’s On Your Team? Whatever it is, the way you tell your story online can make all the difference. https://www.cherishlegal.com/blog/protecting-your-children monthly 0.5 2024-01-22 https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1650061897313-VRVJZG1DPKXEA89LDXOL/unsplash-image-mUCrD7z2aSw.jpg Blog - How Does an Estate Plan Protect Your Children? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1650062821029-UO8DSBUF849ZTZIJ4FQM/unsplash-image-3BztcJxliEM.jpg Blog - How Does an Estate Plan Protect Your Children? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1650061915653-SV3NVQADJBL74XGAZGW8/unsplash-image-5N6a5bft0m8.jpg Blog - How Does an Estate Plan Protect Your Children? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1650062786351-BZYS9Y9ASBEIYNC9GY3F/unsplash-image-ud_deNHx3eI.jpg Blog - How Does an Estate Plan Protect Your Children? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1650062760728-C9NE2421CSSEK8QE2WF2/unsplash-image-GzL4iNA2v7c.jpg Blog - How Does an Estate Plan Protect Your Children? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1650062834094-0UW5GZVZ5U6CB76S5H94/unsplash-image-Ve7xjKImd28.jpg Blog - How Does an Estate Plan Protect Your Children? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1650061944205-SLNC7HGMBYZZCNSGAJ69/unsplash-image-o-uA_hcm6VU.jpg Blog - How Does an Estate Plan Protect Your Children? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1650062637832-DQT8JS8MRO4C0IKNR3FY/unsplash-image-6fnIA5dyPf4.jpg Blog - How Does an Estate Plan Protect Your Children? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.cherishlegal.com/blog/choosing-a-guardian monthly 0.5 2024-01-22 https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1650034675159-DTFJKFSCNP6D7QATE8AP/unsplash-image-JfolIjRnveY.jpg Blog - How Do You Choose a Guardian for Your Minor Children? - What are the qualities you are looking for? Whether you have too many options to choose from or not enough, it is first and foremost essential to understand what you are looking for in a guardian. I advise my clients to write down (yes, actually write it down!) all of the qualities they think an excellent guardian should possess. Here are some questions that you can ask yourself to identify some qualities and factors when making a decision. (Keep in mind this assessment will be different for everybody. If a quality or factor does not apply to you, skip it.) https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1649998284627-3O7ZX7Y6LIDDKE1X7B5W/unsplash-image-eo11MS0FSnk.jpg Blog - How Do You Choose a Guardian for Your Minor Children? - No one Can replace you https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1649973994533-3LHLFY2ACU5E9DCMK9VK/unsplash-image-rwF_pJRWhAI.jpg Blog - How Do You Choose a Guardian for Your Minor Children? - Make a list of possible choices Write down every person you can possibly think of that you would consider to be guardians: parents, siblings, friends, neighbors, cousins, aunts. https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1649974213382-4YC59RHXW83Q1IAOX6CG/unsplash-image-FtL07GM9Q7Y.jpg Blog - How Do You Choose a Guardian for Your Minor Children? - Make it stand out Do not let the choice of guardian be the reason that stops you from taking the other steps to figure out your estate plan for your child! https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1650000529129-RVLMMGFL2CHFUF0Q26HG/unsplash-image-MRWHSKimBJk.jpg Blog - How Do You Choose a Guardian for Your Minor Children? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1650034032128-81C2HT7HHFBVA35Q6ABZ/unsplash-image-Cq9slNxV8YU.jpg Blog - How Do You Choose a Guardian for Your Minor Children? - There is no perfect guardian There is no perfect guardian https://www.cherishlegal.com/blog/minor-children monthly 0.5 2024-01-22 https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1648586774864-XCRDV3316CDGIVB02YSW/unsplash-image-tbYPDBChsZU.jpg Blog - What Happens to Minor Children without an Estate Plan? - Takeaway Remember, the only way for you to have a say in who raises your children in an unforeseen life event is to have an estate plan in place!! https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1646193609634-TA5E0104SXWBIYY108K9/unsplash-image-DkGIAjlIJu0.jpg Blog - What Happens to Minor Children without an Estate Plan? - Make it stand out Let’s face it, many of us weren’t an ideal 18-year-old! There are many 18-year-olds who may receive a chunk of money and would not make the best decisions with it… https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1646195646814-4ESMN98UQFCFDBM7BBMC/unsplash-image-zsXDWzlqpKU.jpg Blog - What Happens to Minor Children without an Estate Plan? - Did you consider this? If the court must name a guardian (i.e., you do not have a will that names a guardian), that guardian will potentially be required to provide accountings to the court and could remain under court supervision the entire time they are guardian of your minor child. How would your sister feel about being under constant court supervision? This is something that can be avoided for the person taking on caring for your child! https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1648586464355-20KFQ04AEHM80JINOAME/unsplash-image-WS2anBsrum0.jpg Blog - What Happens to Minor Children without an Estate Plan? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.cherishlegal.com/blog/what-happens-to-your-property-when-you-die-without-an-estate-plan monthly 0.5 2023-10-16 https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1644902140236-486YVSJV71GYC2S5SIYT/unsplash-image-mCqi3MljC4E.jpg Blog - What Happens to Your Property if You Don’t Have an Estate Plan? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1644902287152-QNWO2YWTFLRLPQ0TVGZR/unsplash-image-2kAfdQX1r10.jpg Blog - What Happens to Your Property if You Don’t Have an Estate Plan? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1645031185070-D2VAT464NHZEWO6R4QW3/unsplash-image-yK0hQ5h3g-M.jpg Blog - What Happens to Your Property if You Don’t Have an Estate Plan? - Probate Process Snapshot 1. Your loved one must open a probate case in the court system. 2. An executor, or personal representative, is assigned. This person collects all documents, tallys all of the probate property involved, identifies the heirs, and notifies creditors. 3. There is at least a 6-month waiting period. 4. At the end of the waiting period, the executor can distribute out the probate estate according to your state’s plan. https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1644901789793-MUU3IW0IQJXG629OPQDD/unsplash-image-kFVmYjK6hZ8.jpg Blog - What Happens to Your Property if You Don’t Have an Estate Plan? - Probate is a time consuming and costly. Probate is a time consuming and often quite costly process, potentially costing your loved ones between $4,000 and $6,000. This is assuming everyone agrees. If your property is contested, probate costs will increase significantly as well as time to distribution. Oftentimes, your loved one will also need to hire an attorney to help guide them through the process. This will increase costs even more. The importance of creating an estate plan is to help avoid the probate process and thus decreasing the burden placed on your loved ones. https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/c6dd45fa-6c70-4f47-a3e4-5f697ece487d/unsplash-image-idNOBU5k_80.jpg Blog - What Happens to Your Property if You Don’t Have an Estate Plan? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1644900049466-344R2KZ9GZDFTW3VE1S6/unsplash-image-EItAcdPP-kk.jpg Blog - What Happens to Your Property if You Don’t Have an Estate Plan? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1644900599026-BHSKU9736E0BEH9PRFST/unsplash-image-SoT4-mZhyhE.jpg Blog - What Happens to Your Property if You Don’t Have an Estate Plan? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.cherishlegal.com/blog/what-is-a-comprehensive-estate-plan monthly 0.5 2024-01-22 https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/1645029433723-XOQO3A7HRSJJGU0487DP/unsplash-image-PAGBeJrLiDA.jpg Blog - What is a Comprehensive Estate Plan? - Number 3: How will you reduce the burden on your family? https://images.squarespace-cdn.com/content/v1/5a64ba32f6576eb72984e20e/4e14c2ad-065f-4fff-9e4a-2bb5a17a129e/unsplash-image-l37N7a1lL6w.jpg Blog - What is a Comprehensive Estate Plan? - There is only one you And there is no such thing as a one-size-fits-all estate plan! Your comprehensive estate plan will be very different from your parent’s plan, your sibling’s plan, and your friend's plan. 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