Estate Planning

As you get older, one thing that you will want to do is protect yourself against other people’s actions. You don’t want to find yourself in a position where you lose control over what you can or cannot do for yourself. To protect yourself, it’s a good idea to set up...

A special needs trust can be an important inclusion in your estate plan if you have a child or other dependent family member with special needs. The goal of a special needs trust is to provide financial resources for someone who needs extra support while also limiting...

When you hear about estate planning, two terms that will come up are “medical power of attorney,” and “living will,” these two things may seem like they’re similar, but they are not. Why? One of them allows you to state your preferences for medical treatment while the...

When retirement is on the horizon, you want to think about living life to the fullest, not about dying. However, the final stages of planning for retirement are an ideal opportunity for you to revisit your estate plan if you already have one or to create one if you...

After creating your estate plan, you, like many people, might have filed it away without giving it a second thought. You might have believed its provisions would hold up throughout your lifetime. Yet, changes in your relationships, health, residency and to your assets...

In a typical year, Severns & Howard usually sees during the summer months an increase in interest to establish or update their estate planning documents.  This could be due to the nice weather and the beginning of summer travels, timing of retirement, a health...

The coronavirus pandemic has had a devastating impact on the elderly, particularly those in nursing homes and other long-term care facilities. This has raised questions about how the virus has influenced the costs and provision of long-term care insurance, which...