Yes. If you’re part of the Lesbian, Gay, Bisexual, and Transgender community, a Living Trust offers protection for your estate, as well. It … [Read more...] about Is a Living Trust a good idea for a LGBTQ+ person?
Do unmarried couples have to plan more than married couples do?
Yes. The default in state law, called “intestacy,” is designed with married couples in mind. If a married couple dies without any estate … [Read more...] about Do unmarried couples have to plan more than married couples do?
Are my estate planning documents a matter of public record?
Only your Will is a matter of public record. Your Revocable Living Trust and your Powers of Attorney are not public. Therefore, by using a … [Read more...] about Are my estate planning documents a matter of public record?
Will you owe tax when I give property to my spouse or partner?
Maybe. Federal law allows married couples to give each other an unlimited amount of property without gift tax during life or estate tax at … [Read more...] about Will you owe tax when I give property to my spouse or partner?
Will my spouse or partner be appointed guardian of my minor child?
Unless your spouse or partner has adopted your minor children, a court would decide what would be in the child’s best interest. Typically, … [Read more...] about Will my spouse or partner be appointed guardian of my minor child?
Can I make decisions about my spouse or partner’s remains?
Yes, if you are married or in a registered relationship and in a state which recognizes that relationship. However, if you’re unmarried and … [Read more...] about Can I make decisions about my spouse or partner’s remains?
How can I be sure that I will be allowed to visit my spouse or partner in the hospital or assisted living facility?
If you are married or in a state that recognizes civil unions or domestic partnerships and you register as such, proof of such marriage or … [Read more...] about How can I be sure that I will be allowed to visit my spouse or partner in the hospital or assisted living facility?
Can my spouse or partner make medical decisions for me if I’m sick?
If you are in a marriage, registered domestic partnership, or civil union, your spouse or partner can make those decisions for you. If you … [Read more...] about Can my spouse or partner make medical decisions for me if I’m sick?
Can my spouse or partner handle my financial affairs if I am incapacitated?
No, you have to do estate planning in order to allow your spouse or partner to have that authority. Specifically, by designating your spouse … [Read more...] about Can my spouse or partner handle my financial affairs if I am incapacitated?
