by Antanavage Farbiarz PLLC | Jun 27, 2019 | Estate Planning, In The News
A power of attorney is the grant of legal rights and powers by a person, the “principal,” to another, the “agent” or “attorney-in-fact.” The attorney-in-fact, in effect, stands in the shoes of the principal and acts for him or her on financial and business matters....
by Antanavage Farbiarz PLLC | Jun 13, 2019 | Estate Planning, In The News
Probate is the process by which a deceased person’s property, known as the “estate,” is passed to his or her heirs and legatees (people named in the will). The entire process, supervised by the probate court, usually takes about a year to eighteen months. However,...
by Antanavage Farbiarz PLLC | May 20, 2019 | Estate Planning, In The News
A legal trust is a separate legal entity for holding and investing property. These legal trusts (The “trustee”) hold property, usually real estate or investments, for the benefit of another or other people (the “beneficiary”). The person who gives the property for the...
by Antanavage Farbiarz PLLC | Apr 16, 2019 | Estate Planning
Supplemental needs trusts (also known as “special needs” trusts) are designed not to provide basic support, but instead to pay for comforts and luxuries that could not be paid for by public assistance funds, such as education, recreation, counseling, and medical...
by Antanavage Farbiarz PLLC | Apr 1, 2019 | Elder Law, Estate Planning, In The News
Long term care planning is a complex subject and with so many resources at our fingertips, it can sometimes be tough to determine the myths and the realities about the topic. Read on to learn the truth about long term care planning. Fiction: I will never end up in a...
by Antanavage Farbiarz PLLC | Mar 14, 2019 | Estate Planning, In The News
A health care proxy is a document executed by a competent person (the principal) giving another person (the agent) the authority to make health care decisions for the principal if he or she is unable to communicate such decisions him- or herself. Why have a health...
