Rickard & Associates, P.C. – Estate Planning Blog

Welcome to our Estate Planning Blog. Here you will find helpful information related to estate planning, including posts about trusts, wills, probate, powers of attorney and more. We are here to help. If you want more information or need help with your estate plan, call us today – (586) 498-0600.

Why Shouldn’t I Use an Online Will?

Online wills often do more harm than good. Many people look to the internet when preparing estate planning documents, like wills and trusts, but this...
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What is a Medical Power of Attorney?

One document that we recommend for almost all of our estate planning clients is a Medical Durable Power of Attorney. This document allows you to...
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Remarriage and Estate Planning

If you are getting remarried, it is essential to understand your spouse’s inheritance rights. We can help you stay on top of the latest news...
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I Don’t Have an Estate Plan…Right?

Whether or not you have a written estate plan, you do have an estate plan. The laws of the state in which you reside will...
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What is Probate?

Probate is a court process that your estate will go through after you pass away. The probate court will distribute your estate and make decisions...
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Does Divorce Change My Estate Plan?

Yes! Even if you don’t have a written estate plan, you have an estate plan per the laws of your state. If you get divorced,...
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My Loved One Passed Away – What Do I Need To Do?

Losing a loved one is incredibly hard. We help our clients with the administrative and legal aspects following death of a loved one. We can...
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Do I Need an Emergency List?

We frequently have questions related to the practical and financial panic after a death in the family when accounts, passwords, and assets are unknown. Sometimes,...
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What is a Power of Attorney?

Many of our clients have heard of powers of attorney, but do not know what they actually entail. We can help you stay on top...
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What Happens When You Don’t Fund Your Trust?

After you work with your estate planning attorney to draft a carefully tailored estate plan, it is usually your responsibility to “fund” the trust. We...
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3 Things You Should Know About Irrevocable Trusts

A trust is an estate planning tool that allows a person to control their assets during their lifetime and make provisions for incapacity and death....
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How Can I Preserve Wealth for Future Generations?

Some of our clients are interested in preserving wealth for future generations, and in that instance, we sometimes recommend starting a family bank. We can...
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How Can I Protect My Children in Estate Planning?

Many of our clients have concerns related to their children when estate planning. Concerns can range from making sure they are taken care of financially,...
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5 Things to Discuss with Your Spouse Before Estate Planning

If you are married and considering doing your estate plan, there are some discussions you should have with your spouse. We can help you stay...
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Legal Documents for Your Graduating Senior

If you are a parent with a child who will graduate from high school soon, now is a good time to start planning what documents...
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Do You Worry About Your Parents’ Health?

Many of our clients worry about their parents. Sometimes, they are concerned for their aging parents in regards to their healthcare. We can help you...
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Reasons Not to Have an Estate Plan

We often hear from clients many reasons why they waited so long to draft their estate plan. We can help you stay on top of...
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When Should I Update My Estate Plan?

When we draft a new estate plan for a client, they often want to know when they should come back to update their plan. We...
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Estate Planning Mistakes to Avoid in the New Year

As we come to the end of the year and are looking toward a new year, we recommend that our clients reevaluate their estate plans....
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5 Reasons to Discuss Estate Plans Over the Holidays

When you think of your family festivities to celebrate the holidays, estate planning may not be on your mind. We think it should be. We...
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Debt & Death

When our clients meet with us for estate planning, a common question we receive is: what happens to my debt when I die? We can...
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