If you’re in your early 20s or 30s, then your thoughts are most likely on plotting exciting journeys and entering the most enjoyable chapters of your life. Estate planning is probably the furthest thing from your mind. If this is the case, then you might be making a...
Nobody relishes thinking about what will happen if they pass away. For this reason, many people still put off estate planning entirely. The truth is, estate planning doesn’t only clarify matters after a death, it can also bring valuable peace of mind while people are...
Thinking about what will happen in the event of your incapacitation can be a daunting prospect. For this reason, people often swiftly create a will and forget about it. Sometimes, a person may even put off estate planning altogether. The reality is that estate...
The importance of talking about estate planning with your aging parents is pretty clear: the longer you go without talking about it, the more time you will spend worrying about what will happen should your folks pass on without an estate plan. It is in the best...
It is not uncommon for people to be wary about planning for what happens in the event of their death. Often, this topic may be considered negative or morbid in some way. However, the reality is that estate planning can relieve a lot of stress and offer stability for...
When your children marry, your family grows. You acquire a son-in-law or daughter-in-law. The wedding may soon lead to new grandchildren for your family to raise. Compassion and inclusion can go a long way toward helping these new members of your family feel like they...
As a part of your estate plan, one of the things you should consider doing is setting up a living will. A living will is a legal document that lets other people know what your choices are for end-of-life treatment. It will also provide information on the kind of...
One of the key tasks when estate planning is to put enough money aside for your retirement. Yet, that can be hard when you do not know what things will cost in the future. When making your estate plan, you need to allow for inflation. Yet, sometimes prices rise more...
People often treat detailed estate planning like a process that only benefits those with millions of dollars in personal assets, but nothing could be further from the truth. Neither estate planning nor trusts are only useful to those who are independently wealthy. ...
Any parent knows that sibling rivalries can be intense. Children vie for their parents’ attention and they try to get the upper hand in countless ways. You may even feel that your children simply struggle to ever get along as they grow up. That may be true, but do...
