Estate Planning Checklist – Items to Consider
Review insurance policies (life, health, disability, etc.) to ensure coverage and beneficiaries are up to date. Consider creating a will to ensure assets are distributed according to wishes. Determine lifestyle needs in retirement and consider strategies for ensuring financial security. Make a list of assets and liabilities to determine total net worth. Consider setting up […]
Estate Planning for Divorced Parents Protecting Your Children’s Future
Divorce can be a difficult and emotional experience, especially when children are involved. However, it is important for divorced parents to consider their children’s future and take steps to ensure their well-being, including estate planning. Estate planning for divorced parents involves creating a plan for the distribution of assets and financial support for their children […]
To-Do’s After Someone Passes Away
Checklist Of To-Do’s After Someone Passes Away Contact a funeral home or mortuary to make arrangements for the deceased. Notify close family members and friends. Obtain multiple copies of the death certificate. Notify the employer, if applicable. Notify relevant government agencies such as Social Security, Medicare, and the Department of Veterans Affairs. Notify banks, credit […]
The 10 Step Process to Protect You and All You Love
The times have changed, and so has estate planning. Below you will find helpful insights into what estate planning is, and discover Gentreo’s online digital estate planning solution that makes estate planning simple, fast and affordable for everyone. What is estate planning? Estate planning is the legal process of protecting all that is important to […]
Why Should I Nominate a Guardian and/or Conservator?
There are circumstances where you would want someone to have legal authority to make decisions on your behalf. If you develop a serious illness or become incapacitated and not able to manage your healthcare and financial affairs, ideally you would have a health care agent appointed through a medical Power of Attorney or financial agent […]
Planning Your Financial Future? Don’t Skip Estate Planning
A financial plan includes an IRA or 401(k), a savings account for quick access to cash, life insurance, and investments. There is a glaring oversight when most people plan for their financial future: an estate plan. Not having an estate plan could wind up costing you and your loved ones lots of money. Since April […]
Checklist: How to Create Your Financial Power of Attorney with Gentreo
With a Power of Attorney, you can appoint someone to make your financial decisions on your behalf when you can’t do so yourself. Gentreo makes it easy to appoint a Power of Attorney to uphold your wishes and pay your bills if you become incapacitated and can no longer manage your own finances. We understand […]
Estate Planning for Special Needs Children
We always want the best for our children; making sure they have the right foundation before heading off on their own life’s journey. But if you have a special needs child, they likely will require a lifetime of assistance – depending on you for their care. This is where an estate plan, crafted especially for […]
What Are the Different Types of Power of Attorney?
A Power of Attorney is a legal document that allows you to appoint someone to handle your personal matters in the event you cannot. A Power of Attorney, however, does not come in a one-size-fits-all. There are different types of Powers of Attorney to manage your finances, health care decisions, and even your pets. Why […]
Why Estate Planning Should NOT Wait: What We Learned from Dad’s Recent Passing
Our father battled with Alzheimer’s Disease for years. Throughout that process, we lived the life of many Gentreo users. From caring for my son and both of our parents, to having to deal with the emotional, financial, and legal issues of someone in declining health, we experienced what millions of caregivers, children and employees are […]