How to Protect Your Significant Other from Frozen Accounts
Fri 1 Oct, by FritzLaw on Estate Planning, Probate
The death of a loved one is one of the most difficult times in a person’s life. Nothing can truly prepare a person for such a loss. However, dealing with the financial stress of frozen bank accounts can exacerbate the stress. Without proper planning, your significant other could struggle to gain access to your accounts. The frustration is especially distressing if the frozen account was the primary source for paying joint or household expenses. Common …
Disaster Preparedness Month: How to Prepare for Whatever May Come Your Way
Fri 24 Sep, by FritzLaw on Estate Planning, Probate
The unpredictable can occur at any time: fires, hurricanes, floods, earthquakes, pandemics—you name it. Because September is National Disaster Preparedness Month, we want you to be prepared for whatever life throws at you. Although none of us can predict the future, there are some things you can do to ensure that you and your family are ready. Here are a few questions to consider to help protect the people and possessions you value most. Are …
How to Handle Savings Bonds in Estate Planning and at Death
Fri 17 Sep, by FritzLaw on Estate Planning, Probate
A savings bond is defined as “a debt security issued by the U.S. Department of the Treasury to help pay for the U.S. government’s borrowing needs.” In effect, when you buy a savings bond, you are loaning the U.S. government money which is repaid with interest after a fixed period of time. There are currently two types of savings bonds: Series EE U.S. Savings Bonds are currently sold at face value and worth their full …
The Estate Planning Tool Kit for Unmarried Partners
Fri 10 Sep, by FritzLaw on Estate Planning, Probate
Estate planning is essential for everyone, but it is especially important if you and your partner are in a long-term committed relationship and are not married. Unless you plan properly, your partner will not receive any of your money or property when you pass away and will be unable to care for you when you most need it. Instead of your partner, your family members will be in charge of your financial and medical decisions …
Considerations Before Heading South for the Winter
Fri 27 Aug, by FritzLaw on Estate Planning, Probate
For many snowbirds, cooler weather means it is time to head south. If you are thinking about heading for warmer weather this winter, there are a few things you should consider before hitting the road. What is happening in your destination state? Because we are still in the midst of a pandemic, it would be prudent to do some research about your winter destination. How many COVID-19 cases has the state had? Are these numbers …