It’s Hurricane Season (again) – Are You Prepared? By E. Christopher Caravette July 2, 2017 With hurricane and storm season upon us, take time to review and record your possessions and important papers. If a storm strikes, knowing what you have will help if disaster strikes. • Safeguard your Paperwork – make sure all of.. read more →
Pet Trusts – Should You Consider One? By E. Christopher Caravette July 1, 2017 First of all, just what is a pet trust? A pet trust is an arrangement to provide for the care and financial support of your pet (or pets) upon your disability or death. The trust is funded with property or cash.. read more →
What Is A HIPAA Authorization, And How Does It Work? By E. Christopher Caravette March 24, 2017 In our lifetimes, most of us will face a serious illness or debilitating condition. Most of us also wish our loved ones to be kept well informed about our condition and illness. But unless one has completed and.. read more →
by E. Christopher Caravette What is a “Power of Attorney” in the first place? A Power of Attorney is a legal document that gives another individual the authority to act on your behalf when you do not or cannot act. You are the “principal” and the person you appoint is the “agent”. There are generally.. read more →
ESTATE PLANNING IS SO VERY IMPORTANT! ARE YOU PREPARED? TAKE 60 SECONDS TO ANSWER THESE QUICK QUESTIONS: YES or NO I have a current Living Will which expresses in writing my wishes concerning life-sustaining treatment or death-delaying procedures. YES or NO I have a Health Care Power of Attorney or Health Care Surrogate to permit my spouse,.. read more →
by E. Christopher Caravette Illinois is one of only a few states that allow Land Trusts which can be a terrific estate planning tool. What is a Land Trust, and how can it benefit you? A Land Trust is established by signing a Trust Agreement with the trustee, usually an institution in the business of.. read more →
by E. Christopher Caravette What is a Revocable Living Trust, and How Can it Benefit Me? A revocable living trust is a type of trust that is typically used for estate planning purposes. It is a carefully drafted document, called a trust agreement or declaration of trust, that is tailored to your particular and unique.. read more →
by E. Christopher Caravette Many of us, especially as we get older, are good about going to the doctor for an annual physical. But how many of us take the time to get our financial house in order? We got to the edge of the “fiscal cliff”, but did not fall over. The real estate.. read more →
Choosing beneficiaries is an important step in filling out financial documents. Here’s how to make sure the right people will benefit from your estate. Many financial documents provide space for you to designate a beneficiary who will receive the money involved in the event of your death. These documents include life insurance policies, annuities and.. read more →