Summit Estate Planning Group

Health Care Proxy vs. Living Will: What’s the Difference?: When most people think about estate planning, they focus on what happens to their assets after they are gone. Wills, trusts, and beneficiary designations all play an important role in that process. But a complete estate plan also addresses something equally important: what happens if you are still alive but unable to make decisions for […]

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Health Care Proxy vs. Living Will: What's the Difference? Two documents are essential to that kind of incapacity planning: a medical power of attorney or health care proxy and a living will.

Personalized Estate Planning Is Key: Many people think estate planning is as simple as filling out a will they find online. The truth is that estate planning is not a one-size-fits-all process. Each family is unique, and so are the tools needed to protect assets, preserve family harmony, and make sure wishes are carried out. A personalized estate planning approach […]

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Personalized Estate Planning Is Key A personalized estate planning approach is the only way to build a plan that truly works for your life situation.

Is There Any Way to Change an Irrevocable Trust?: When someone creates an irrevocable trust, they give up control. The terms are locked in, the assets no longer belong to them, and the trust is meant to operate according to its original instructions. That’s the entire point. But what happens if something needs to change after the grantor has passed away? The law does […]

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Is There Any Way to Change an Irrevocable Trust? The law does allow a trustee to change an irrevocable trust under specific circumstances, and we explain the possibilities here.