Personal Affairs Categories

Personal Affairs Help Guides

How to Get Power of Attorney
Simple Tips to Getting Power of Attorney for You or Your Loved One When you grant someone power of attorney, you give them authority to handle some or all of your financial affairs on your behalf during your lifetime. A power of attorney can have a variety of uses, but it is most common in the estate planning context. Creating a power of attorney ca...
7 Key Estate Planning Steps to Follow When You Have Kids
As a new or soon-to-be parent, you begin to realize that there is very little you would not do to protect your beloved children. Babyproofing your home and finding the perfect car seat are important steps, of course, but have you created a contingency plan to ensure your child continues to receive amazing care once you are no longer around? Do you k...
Essential Estate Planning Updates to Make After You Get Divorced
Divorce holds considerable implications not only for your financial future, but also for the future of your loved ones and even your medical care. To that end, it is imperative that you revisit your estate plan as soon as you seek divorce or separation. Keep the following estate planning considerations in mind as you proceed with your divorce. Befor...
What Is an Affidavit and When are They Used?
In a nutshell, an affidavit is a sworn statement that is in writing. Affidavits are usually used in a court or in negotiations. They are common in family law cases and bankruptcy cases. They are also used in civil and criminal cases, though not as often as family or bankruptcy law cases. They must be notarized and you must swear that the facts conta...
Bankruptcy: What You Need to Know
If you are overwhelmed with debt and live pay check to pay check, hoping nothing goes amiss, you are not alone. In 2016, nearly 800,000 people filed for bankruptcy so they could relieve themselves of their financial burdens and get a fresh......
Estate Planning: When to Update Your Plan and Why
If you have an estate plan already in place, then you have started off on the right path. If you do not have one yet, it is time to get one drawn up so you can have a plan in place. However, once you have your estate plan made, it is not......
Components of an Estate Plan and How to Determine What You Need
An estate plan is something that everyone should have in place. Whether you only need one estate planning document or all of them will depend on your specific situation. While you may already have one component, such as a will, it may not be......
Power of Attorney: Drafting, Reviewing, and Revoking
Giving someone authority to act on your behalf through a power of attorney is a major decision. The person who grants that authority is known as the principal or maker; the person getting the authority is known as the attorney-in-fact or......
What You Need to Know About Using Affidavits
An “affidavit” is a written statement that is considered made under oath. It is only valid when made voluntarily and without coercion. When you sign an affidavit, you are asserting that the information is true and that you have personal......
7 Reasons to Think about Estate Planning When Starting a New Business
Americans generally prefer not to think too much about what will happen to their assets and loved ones when they pass away. An estate planning survey by Harris Interactive revealed some surprising statistics about the number of adult Americans......