Blog

When it comes to popular social media platforms, each platform has its own policies and procedures for handling accounts after the user's death. Understanding these processes is crucial for effective digital estate planning.

Uncover the unique concept of Swedish Death Cleaning—a mindful approach to decluttering and estate planning. Margareta Magnusson's method involves intentional decisions about possessions, simplifying life and inheritance. Learn the practical steps, from inventory assessment to legal considerations, to streamline your living space and ease the burden on loved ones. Swedish Death Cleaning isn't just tidying up; it's leaving a legacy of clarity and love for those who matter most.

Selecting a trustee to manage assets can be a tough decision that should not be taken lightly. There are several stories from families who have selected trustees to manage a trust and have lost so much due to the trustee breaching their fiduciary duty.

Our children's welfare for the future is important. Whether your kids are in high school or college, now is the best time to encourage them to have an estate plan for themselves. Estate planning is not just about the transference of inheritance to your loved ones but also involves looking after and protecting the people you care about and the things that are precious to you.

Trusts are powerful tools in estate planning that offer a range of benefits for individuals looking to protect their assets, minimize taxes, and ensure their wishes are carried out effectively.

Safeguard your assets, protect your loved ones. Master estate planning & ensure your wishes are met. Wills, trusts, power of attorney - learn what you need for a secure future.

A last will and testament, commonly referred to as a will, is a foundational document in estate planning that allows individuals to dictate how their assets will be distributed after passing.

A power of attorney (POA) grants an agent authority to act on behalf of a principal in legal, financial, and healthcare matters. Learn about different POAs—general, limited, durable, and springing—and their uses. Choose a trusted agent, define their authority, and update the POA regularly for peace of mind and protection.

Optimize your estate plan with beneficiary designations to ensure seamless asset transfer, bypass probate, and secure your legacy. Learn types, applications, and key considerations.

As your kids turn 18 and head to college, they gain new independence and responsibilities. An often-overlooked aspect is the need for an estate plan. From healthcare directives to powers of attorney, these legal protections are crucial. At Thompson Mungo Firm, we specialize in creating tailored estate plans to safeguard your young adult’s future. Contact us today to ensure they are prepared for this new chapter.