https://youtu.be/q1oJKVMXoq4 A power of attorney (POA) is sometimes said to be the most important document in an estate plan. This is mainly because there aren’t really any workarounds when it comes to needing one. In a nutshell, a power of attorney is a legal document that designates the person you would like to [...]
Health Care Power of Attorney It doesn’t matter how good a driver you are; if you can’t see through the windshield, anything can happen. Setting up a Health Care Power of Attorney will help you clear the way for your loved ones to navigate a bumpy road if you are unable to communicate. A Health [...]
Having tough conversations is something most of us would prefer to avoid. However, uncomfortable conversations are usually necessary, and when it comes to estate planning, it is best done sooner rather than later. The following are 5 tips for having a conversation about estate planning. Tip #1: Preempt the conversation. No one enjoys being [...]
Tax laws are constantly changing, and sometimes, these changes can hold a significant impact on the way your estate plan is -or should be- set up. That is why it is important to employ an attorney who is up-to-date and knowledgeable on all current legislation. As an estate planning firm, we take it upon ourselves [...]
Although both Living Wills and Do Not Resuscitate (DNR) Orders state your healthcare wishes for certain situations, the creation, applicability, and specifications for each document vary greatly. We include a Living Will with each of our estate plans, but this document is often confused with a DNR Order. Since we believe it is important our [...]
While a trust or will can protect your assets upon your passing, how do you ensure your healthcare needs are taken care of while you are alive? Mason Law and Planning Group, LLC wants to make sure that your plan works for you should you become incapacitated. That is why we include three crucial healthcare [...]
You read that right! Estate planning is a necessary part of life for every adult, not only those with kids and/or an abundance of assets. Now that your child is 18, they are legally classified as an adult and establishing an estate plan is an important step to ensure they are prepared for college and [...]
The "Setting Every Community Up for Retirement Enhancement" Act, -or SECURE Act- is a tax law that became effective January 1, 2020. This legislation greatly impacted various aspects of retirement accounts and how they are distributed to non-spouse beneficiaries. KEY Points There are many things that went into the SECURE Act, below are the major [...]
We live in an incredible age where all kinds of information is right at our fingertips via the Internet. We have more power to learn and do things for ourselves than at any other time in history. This is great for empowerment and building knowledge, but it can occasionally get us into a little trouble. [...]
Will and trust lawyers in Colorado Springs see plenty of situations where parents who love their children are not entirely in love with their children’s spouses. This can make the estate planning process a little tricky, because the spouse can add tension and stir up drama that wouldn’t have been there otherwise. While some people [...]
