Having a child is one of the most powerful motivators that inspire adults to finally sit down and create an estate plan. Parents worry about what might become of their children if anything were to happen to them and want to better ensure their safety. Even those who...
Wills are powerful estate planning documents. They allow you to distribute your assets as you see fit and ensure your final wishes are legally binding. However, a will is probably not ideal for all your estate assets and might not fully protect all your heirs and...
Estate planning is a complicated process that the average person can easily get confused about. While there’s a lot of information online about estate planning, some of it may not be factually correct. To ensure you’re going in the right direction, you should consider...
A will and other estate planning documents can protect your property and ensure your loved ones receive a fair share of the assets you leave behind. Having an estate plan is wise, and so is choosing the ideal candidate to serve as your estate executor. The person you...
When you think about your death, you may worry about the people that you love and think about the needs that they have that may go unmet when you’re no longer there to provide for them. You may also consider the resources you have acquired during your life and who you...
An advanced health care directive is one of the cornerstones of an effective estate plan. Without it, doctors may use medical procedures you do not approve of if you are not capable of telling them not to. Family members can be left to make excruciating decisions...
Estate planning starts with taking an inventory of the assets that you own and then deciding how to divide those assets between your heirs. Many people own a lot of things that they haven’t even considered in a long time – or that they’ve entirely forgotten about – so...
Increasingly, people are writing their own obituaries as part of their estate planning. It’s an excellent way to help ensure that you’re remembered in the way you want to be. These days, obituaries don’t just appear in the local newspaper. Online sites like Legacy.com...
Planning for your retirement usually involves making an educated guess based on averages. Your decisions on everything from your goals for saving to the budget you project for yourself in the future are based on averages and current data. Issues ranging from a sudden...
When you die, all of your property and personal liabilities become part of your estate. Before the people that you love will receive your remaining property, the representative of your estate will first have to pay off your debt and settle all of your tax obligations....
