Wills – Hardy Law Firm

Appointing an Executor? Here's What a Personal Representative Cannot Do

Kevin Hardy — Wed, 22 Feb 2023 00:50:34 +0000

If you are preparing a will, it is important to choose an executor you can trust, who is reliable, and who will take their role seriously. As part of your decision-making, you may also consider the things they would be prohibited from doing.

Make Sure Your Estate Plan and Other Essential Documents Are Safe from Disasters

Kevin Hardy — Tue, 18 Jan 2022 19:16:24 +0000

It’s an unfortunate reality that with the increasing number of natural disasters across the country, including fires, floods, earthquakes, and hurricanes, the chance that you could lose your house and possessions has become more likely. In the event of such a calamity, it is important that your estate planning and other important documents are beyond...

Preserving the Family Vacation Home for Generations to Come

Kevin Hardy — Thu, 19 Aug 2021 17:41:08 +0000

Summer is winding down and if you are one of the lucky ones, you got to spend some time at a family vacation home. How do you make sure your children and grandchildren can enjoy that second home as much as you did?

Be Careful Not to Name Minors as Your Beneficiaries

Kevin Hardy — Mon, 02 Aug 2021 15:22:17 +0000

Most people want to pass their assets to their children or grandchildren, but naming a minor as a beneficiary can have unintended consequences. It is important to make a plan that doesn’t involve leaving assets directly to a minor.

Probate v. Non-Probate: What Is the Difference?

Kevin Hardy — Tue, 06 Jul 2021 15:28:50 +0000

When planning your estate it is important to understand the difference between probate and non-probate assets.

The Five Components of a Good Estate Plan

Kevin Hardy — Tue, 06 Jul 2021 14:58:42 +0000

Many people believe that if they have a will, their estate planning is complete, but there is much more to a solid estate plan. A good plan should be designed to avoid probate, save on estate taxes, protect assets if you need to move into a nursing home, and appoint someone to act for you if you become disabled.

Why Everyone Should Have an Estate Plan

Kevin Hardy — Thu, 01 Jul 2021 14:15:08 +0000

Do you have a will? A durable power of attorney? A health care proxy? If not, why not? Failure to create an estate plan risks causing discord in your family for generations to come.

What You Can’t Do With a Will

Kevin Hardy — Sat, 20 Feb 2021 14:16:43 +0000

While a will is one of the most important estate planning documents you can have, there are things that a will won’t cover. A will is just one part of a comprehensive estate plan. A will is a legally-binding statement directing who will receive your property at your death. It is also the way you...

Five Reasons to Have a Will

Kevin Hardy — Sun, 24 Jan 2021 21:26:28 +0000

Your will is a legally-binding statement directing who will receive your property at your death. It also appoints a legal representative to carry out your wishes. However, the will covers only probate property.