Why Everyone Needs an Estate Plan, Part 1: The Basics

March 17th, 2017|Comments Off on Why Everyone Needs an Estate Plan, Part 1: The Basics

The biggest mistake people make is thinking that estate planning is only for the ultrawealthy. That couldn’t be further from the truth. The fact is that we are all going to die, and if you don’t leave some sort of instructions on how your estate will be distributed, then the [...]

911: Are You Prepared for that Final Emergency?

November 22nd, 2016|0 Comments

Too often we are confronted by life threatening accidents or medical emergencies such as a car accident, a heart attack or simply a debilitating illness with sudden onset that make it difficult if not impossible to assist the medical treaters with a treatment plan. If you become too sick to [...]

Considerations Before You Write Your Living Trust

November 22nd, 2016|0 Comments

When you start to prepare a Living Trust, there are a lot of important decisions to make. In fact, thinking about what to write in your Living Trust is generally harder than constructing the actual document. You want to make careful and deliberate decisions with respect to your children, business, [...]

Online Estate Planning: The Wave of the Future!

November 22nd, 2016|0 Comments

The current state of affairs in the Estate Planning field is dismal. Despite decades of advertising, word of mouth and shocking stories from probate cases around the country, over 50% of Americans do not even have a simple will! So why are many Americans neglecting to take care of the [...]

TrustLock files U.S. Trademark Name Patents

November 20th, 2016|0 Comments

U.S. trademark application has now been filed with the United States Trademark Office for the name TrustLock-serial number 87238809 and TrustLockUSA.com-serial number 87238854. Both filings can be viewed at the following addresss: http://www.trademarkia.com/trustlock-87238809.html http://www.trademarkia.com/tl-trustlock-usacom-87238854.html About TrustLock: TrustLock has developed the ‘ultimate’ Living Trust “package,” prepared in an exceptionally inviting digital [...]

TrustLockUSA Introduces “VideoWishes” to Address Succession Issues in Estate Planning

November 14th, 2016|0 Comments

So you can find Living Trusts preparers on every corner.  But how many estate planning companies or law firms give you the option of explaining estate planning choices to your kids in a video format? After you die, there are many questions to be answered even if you have prepared [...]

FAMILY FEUD: Keeping the Family Business Together

November 14th, 2016|0 Comments

FAMILY FEUD: The Role of Living Trusts and Testamentary Videos in Keeping the Family Business Together. INTRODUCTION The most critical cause of the failure of the family-owned business is inadequate estate planning or no estate planning. Once mom and dad die, who will inherit the business? How do the kids [...]

Give the gift of TrustLock to your loved ones this year

November 12th, 2016|1 Comment

Christmas, a time for fun, indulgence, spending time with family and often, sadly a difficult time for those adjusting to life without loved ones. Losing a treasured family member or friend can be hard enough to deal with, without the added complexities of sorting through financial arrangements and establishing if [...]

Ten Reasons You Should Create a Revocable Living Trust

October 30th, 2016|0 Comments

Without a Living Trust, your estate is in extreme jeopardy.  If you don’t have a Living Trust, the Government makes one for you. That means your assets and estate are distributed according to the generic laws in your state. Generally, this means the lawyers and judges split your belonging between [...]

Living Trusts: The Pros and Cons

October 30th, 2016|0 Comments

Pros of Using a Revocable Living Trust •    Probate Avoidance—The main reason you should create a revocable living trust is to allow your children to obtain ownership of your assets at your death without the having to hire an attorney and file a petition in probate.  Probate is necessitated when [...]

Living Trusts versus Testamentary Wills

October 30th, 2016|1 Comment

One of the most common questions people have when they’re creating an estate plan is “what’s the difference between a Living Trust and a Will?” You should know that while laws do vary state to state, there are a few important differences to keep in mind: Living Trusts help avoid [...]

An Accidental Felony

September 19th, 2016|0 Comments

A gun trust can help protect your client Feb. 4, 2013C. Dennis Brislawn, Jr. The possession of firearms by civilians in the United States has long been a controversial subject. The Second Amendment was adopted to protect such possession and ownership, although what some feel to be clear language remains [...]

5 Misconceptions About a Power of Attorney

September 7th, 2016|0 Comments

Misconception 1: You Can Sign a Power of Attorney if You Are Legally Incompetent No! Someone can sign a power of attorney (or any legal document, for that matter) only if they are legally competent to do so. According to Furman, this is one of the most common misconceptions about [...]

Common Estate-Planning Mistakes

September 6th, 2016|0 Comments

We all know that having an estate plan is good for our finances and for our heirs. But many of us fail to put a plan in place—for fear of facing our own mortality, among other reasons. And those who do have a plan often make mistakes that can lead [...]

Are you Prepared for the Unexpected?

September 6th, 2016|0 Comments

Key Points Procrastination can have serious consequences for your loved ones and your assets. One of the best motivators for getting started is the knowledge of what could happen if you don’t. While many of today’s affluent, multi- generational families understand the importance of having an integrated estate plan, it [...]

TrustLock introduces the estate planning document and video solution

June 20th, 2016|0 Comments

TrustLock introduces the first comprehensive estate planning document and video solution Corporate Contact TrustLock, Inc. 620 Newport Center Drive, Suite 1100, Newport Beach, Ca. 92660 Email: contact@trustlockusa.com Web: www.trustlockusa.com/

Animal Watch: Minnesota passes pet trusts

May 26th, 2016|0 Comments

By Hayley Crombleholme May 25, 2016 EAST GRAND FORKS, MN (WDAZ-TV) - Pets can be our very best friends, but who will take care of them if something happens to us? A new law makes it possible to provide for our pets after we are long gone. Courtney Engel, Circle [...]

Dearly beloved: Prince’s death prompts uptick interest in wills

May 21st, 2016|0 Comments

NEW YORK (Reuters) - In the month since Prince died and his heirs began wrangling over his estimated $300-plus million estate, many Americans have moved "draft a will" - arguably one of life's most unpleasant tasks - to the top of their to-do lists. The rock star died on April [...]

Don’t leave your estate to the wrong beneficiaries

April 11th, 2016|0 Comments

There are plenty of horror stories out there about an individual who, after death, leaves a large life insurance policy to an ex-spouse or old business partner instead of to their current spouse and children. Although the individual’s intention may have been obvious, if a change to a beneficiary designation [...]

Program Focuses on Making Healthcare Wishes Known

April 7th, 2016|0 Comments

Edward Hospital is hosting “Taking Charge of Your Health: What do YOU need to know?,” a panel discussion about Advance Directives. The program will be held from 6-7PM Monday, April 18,in the Education Center Auditorium, on the campus of Edward Hospital, 801 S. Washington St. Speakers will explain the importance [...]

For love’s sake, make these decisions about your own mortality

April 7th, 2016|0 Comments

There are some things in life we put off because they make us uncomfortable — like going to the dentist, doing neglected home repair or saving adequately for tomorrow. When it comes to our own mortality, the challenge is magnified. According to a recent ABCNews poll, about 58 percent of [...]

Expert: Advance directives offer peace of mind

April 7th, 2016|0 Comments

Every time you visit your doctor, you make decisions about your personal healthcare. You tell your doctor about your medical problems, and he or she generally makes a diagnosis and informs you about available medical treatment. You then decide what treatment to accept. But what happens if you are unable [...]

Advance healthcare directives vital to final planning

April 7th, 2016|0 Comments

Why talk about end-of-life directives? — 90 percent of people say that talking with their loved ones about end-of-life care is important, but only 27 percent have actually done so. — 60 percent of people say that making sure their family is not burdened by tough decisions is extremely important, [...]

Advance healthcare decision-making events

April 6th, 2016|0 Comments

The End of Life Committee, operating as a Task Force under Healthy Adams County, will hold a series of educational and outreach events around Adams County the week of April 11 - 15. The events are an effort to highlight the importance of advance healthcare decision-making and will lead up [...]

Free Community Resources Empower People to Take Control of Healthcare Choices

April 6th, 2016|0 Comments

Hospice of the Western Reserve Supports National Healthcare Decisions Day Campaign CLEVELAND, April 6, 2016 /PRNewswire-USNewswire/ -- Hospice of the Western Reserve, along with other national, state and community organizations, is leading a massive effort to highlight the importance of advance healthcare decision-making—an effort that has culminated in the designation [...]

Can I Take Vital Signs When Ordered to Discontinue?

April 5th, 2016|0 Comments

Question: A nurse caring for an elderly patient disagrees with the patient's son about the plan of care. What should she do? One evening, my 92-year-old patient was not as responsive as usual and not easily aroused. His vital signs were: blood pressure, 107/67 mm Hg; pulse, 67 beats/min; respiratory [...]

Advanced care planning focus of next CVPH Community Lecture

April 5th, 2016|0 Comments

PLATTSBURGH — "Advanced Care Planning: It Starts with a Conversation" will take place at 6 p.m. Thursday, April 14, at the West Side Ballroom, 253 New York Road, Plattsburgh. The free program, part of the University of Vermont Health Network, Champlain Valley Physicians Hospital Community Lecture Series, features CVPH Palliative [...]

Medical care toward the end of life is an important decision

April 5th, 2016|0 Comments

By Stuart W. Gillim The Institute of Medicine, an arm of the National Academy of Sciences, published "Dying in America,” an extensive report on medical care at the end of life in the U.S., in 2014. The report noted that "Americans hold 'strong' views about the type of care they [...]

It’s Always Too Early Until It’s Too Late

April 4th, 2016|0 Comments

National Healthcare Decision Day is April 16. This is a day set aside in the United States to establish conversation among people and providers about the importance of advance care planning. The day is an encouragement for patients or potential patients to express their thoughts about palliative care which manifests [...]

10 Things You Should Know About Living Trusts

April 3rd, 2016|0 Comments

Many boomers are choosing a trust over a will, but the price can be steep by William J. Lynott For most people, a will is the first choice for passing on an estate to heirs. But it's not the only choice. Among other estate planning tools, the revocable living trust [...]