Taking the Right Steps to Protect Yourself and All Your Loved Ones According to data gathered during the most recent federal census, nearly half of all American households fall under the definition of “blended” families, with at least one partner or … [Read more...]
An Introduction to Estate Planning for Young Adults
What Is the Purpose of Estate Planning? What Are the Common Tools of Estate Planning? Why Should You Have an Estate Plan? You've just graduated from college and started your first job, or you've just married or had your first child. It's not time … [Read more...]
The Importance of Periodically Reviewing Your Estate Plan
Why You Want to Be Proactive with Your Estate Planning You've worked hard to build your net worth, in part because you want a comfortable retirement, but also because you want your loved ones to be provided for in the event of your untimely demise. … [Read more...]
The Benefits of Lifetime Giving for Estate Planning
How Lifetime Giving Can Help You Achieve Your Goals When you have a substantial estate, one of your concerns will be passing as much of that wealth on to your loved ones, with a minimal loss of value because of taxes. Fortunately, under the American … [Read more...]
The Different Types and Uses of a Power of Attorney
Why You Want to Have a POA in Place When you're putting all the pieces of your estate plan together, an essential component, often overlooked, is a power of attorney (POA). It's relatively easy to implement and can help minimize potential … [Read more...]
What Is a Living Will? Where Does It Fit in Your Estate Planning?
How Does It Differ from Other Estate Planning Tools You've worked hard to build your net worth, to put everything in place to protect your loved ones in the event of your death. Perhaps the greatest gift you can give your loved ones, though, isn't … [Read more...]
Which is Right for You—A Will or a Trust?
What Are the Benefits of Each Estate Planning Tool? You have worked hard to build up an estate, so that your loved ones will be protected after your death. It's every bit as important to put an effective estate plan in place, one that clearly … [Read more...]
The Essential Estate Planning Documents You Need
Wills and Trusts | Powers of Attorney | Advance Directives | Living Wills You've worked hard to build an estate, so that your loved ones will be protected in the event of your death. It's just as important that you take the right measures to put … [Read more...]
DIY Estate Plans
I'm Jay Bailey, with Bailey & Galyen. I serve as of counsel with the firm and head our Probate and Estate Planning section. You've heard me, possibly heard me in the past talk about DIY. I'm lousy at it. There's not much that I can fix around the … [Read more...]
Intestate
Experienced Estate Planning Counsel
Estate Planning Doesn’t Have to Be Complex
Hi I'm Jay Bailey with the firm of Bailey & Galyen I head up our Probate & Estate Planning section. There's a concept called enormity paralysis and enormity paralysis says that some things are so big and so complex and intimidating that they just … [Read more...]