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Wednesday, September 15, 2021

Why You Should Plan for Long-Term Care As Soon As Possible


Statistically speaking, most of us will need long-term care at some point in our lifetime. Usually, this will occur later in life. Because of this, many people delay thinking about it or planning for it.


Read more . . .


Tuesday, August 31, 2021

Things to Consider in Choosing Your Health Care Surrogate and Power of Attorney Agent


Estate planning includes much more than plans for after you die. In fact, many important legal tools that are included in a comprehensive estate plan provide protection for you and your wishes while you are still alive. The health care surrogate and power of attorney documents are two such examples.
Read more . . .


Sunday, August 29, 2021

What Happens During Probate?


Have you heard of probate? It is the court-supervised process of administering a person’s estate after he or she dies. A notoriously lengthy and costly process, people often seek to establish estate plans that allow for avoiding probate, at least partially. Why can probate be so time consuming? Well, there is a lot that needs to be accomplished during the process.
Read more . . .


Thursday, August 26, 2021

What Is a Revocable Living Trust?


The idea of establishing a trust may be intimidating for some people. Trusts have developed a reputation as only being for the wealthy. The truth is, however, that many people could benefit from establishing a trust as part of their estate plans.


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Monday, July 26, 2021

What You Need to Know About the Proposed For the 99.5 Percent Act


While you might not necessarily think of estate tax is a hot news topic, it has been recently. This has been, in large part due to the “For the 99.5% Act” that Senator Bernie Sanders proposed on March 25, 2021. The sweeping changes in


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Thursday, July 22, 2021

What Can Delay the Probate Process?


If you have done any initial investigation into the many benefits of estate planning, you may have read that one of the big potential perks of comprehensive estate planning is that you can put tools in place that help your assets from avoiding probate, in whole or in part. Why is it so great if you can avoid probate? Well, for starters, probate can be expensive. The court fees alone can take a significant chunk out of an estate’s value.
Read more . . .


Monday, July 19, 2021

How to Choose a Personal Representative


The personal representative of an estate has a lengthy list of important tasks to accomplish in probate proceedings. In fact, while probate is the court-supervised process that follows in the wake of a person’s death, the personal representative is instrumental in helping to ensure that probate goes smoothly, that everything needed gets done, and that things get accomplished without undue delays and complications. Personal representatives play a significant role in the administration of the estates they are appointed to oversee.

Did you know that, with proper Read more . . .


Wednesday, June 30, 2021

What Is the Elective Share?


Have you ever heard of the elective share? While many have not, it can have significant impact on a person’s estate plan. Established in state legislatures across the U.S.
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Tuesday, June 29, 2021

The Pitfalls of DIY Estate Planning


The Do It Yourself, DIY, craze persists in the U.S. People are engaging in DIY home renovations, DIY life hacks, DIY arts and crafts, and so much more. What about DIY Read more . . .


Monday, June 28, 2021

Estate Plan in Place? Where You Should Consider Storing Your Original Documents


Congratulations on checking off a vital task on your to-do list! Estate planning puts legal tools in place that will protect both you and your family. The sense of relief and peace of mind that can come with putting a strong estate plan in place can be great. You may have designed a will that distributes your property as you wish after you pass away.
Read more . . .


Friday, May 28, 2021

The Benefits of Charitable Giving in Your Estate Plan


Giving back to causes that are important to you may be a priority. If there are charities whose mission you support, providing them with financial resources to continue pursuing their goals can be fulfilling in so many ways. In addition to bringing you joy and a feeling that you are contributing something bigger than yourself, there can be other benefits of charitable giving. These benefits, however, can vary depending on how you do the giving. For instance, have you ever heard of charitable giving through an estate plan? By using different Read more . . .


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Monk Law Firm, PLLC assists clients throughout Charlotte, Rock Hill, Fort Mill and the surrounding areas.



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| Phone: 803-594-4453
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| Phone: 704-369-9977

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