Living in Alaska affords many freedoms that people in other states can only dream about, but one adult item that is inescapable is estate planning. Why? Because no matter where you live, at some point, you are going to pass away. Estate planning is critical to...
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Estate Planning
3 estate planning tools to protect your child’s future
For parents, providing care for their children is an utmost priority. They evaluate their children’s needs not only in the present, but also looking forward in the future when they are no longer here. Fortunately, estate planning allows parents to provide support to...
Guardianship for your children and planning for the unexpected
Preparing for the unexpected is a crucial duty in everyday life, especially for working couples with little ones. One vital choice is selecting guardians for your kids if something happens to both parents. Choosing guardians for your children When delving into the...
How can you protect your right to accept or refuse health care?
When you get seriously ill, a doctor usually gives you options for treatment. They will explain the risks and benefits of the medical procedure so you can make an informed decision. The problem is when your health condition is so debilitating that it affects your...
Estate planning to shield assets from creditors
When it comes to estate planning, a lot of people are blinded by the asset distribution process. While this part of the estate planning process is certainly pivotal in an estate plan, you can get a lot more out of your estate plan by thoroughly addressing other...
Can I leave my guns to my kids?
Unlike most other states, for Alaskans, guns are not just for sport, they are a life-saving tool for protection and hunting. Naturally, you may wonder whether you can pass your gun collection and antiques down to your children when you pass away. Alaska gun laws We...
When can I benefit from making a trust?
Some estate planning tools have unique features that can be beneficial in certain situations, such as trusts. These agreements can involve multiple parties, including a settlor who owns the property and a trustee responsible for managing the property. The agreement...
Estate planning for your special needs child
Every loving parent wants to ensure their child’s comfort, security and safety before they pass. Fortunately, estate planning provides a means through which you can continue to care for and love your kid after your passing. What is a special needs trust? A special...
Choosing a legal guardian for your young children
Generally, even people in their 20s and 30s should start formulating an estate plan. With an estate plan, you can identify who inherits your assets, helping prevent conflicts over your properties and give the loved ones you leave behind some peace of mind. Another...
When should I begin estate planning?
A misconception about estate planning is that you should be a certain age or financial state before you should start doing it. Nevertheless, estate planning is generally crucial regardless of time, as it helps you ensure that your assets are correctly maintained and...