As you likely know, estate planning is a means of arranging for the distribution of your assets after your death. It is critical to have such a plan to help ensure that your loved ones receive their inheritance and to protect them from needless financial hardships....
In today’s digital world, do-it-yourself (DIY) options for creating legal documents, including templates for wills, are readily available online. They may seem cost-effective and convenient, but they can expose you to pitfalls that may have serious consequences for...
Making an estate plan is among the most forward-thinking actions anyone can do while alive. However, estate planning is a challenging procedure, and people frequently get it wrong. As a result, you might have received inaccurate information about how estate plans...
Estate planning is not a very comfortable topic for a lot of people, and you may not have given it much thought until now – but every adult over 18 years of age really should have one. There are many benefits to making an estate plan. Here are the top three: 1. You...
When your child was born, you and your spouse had the incentive you needed to create a will and to name the person(s) who would take over the care of your child in case you both died before they reached adulthood. Having someone who has agreed to take on that role and...
It’s wise to review and update your will and other estate plan documents periodically – particularly when there are changes to your life or family that could affect it. However, it’s not practical to update it every time you buy or receive a new computer, piece of...
One significant aspect of your estate plan will involve putting others in positions to take on certain obligations if you fall ill or after you pass away. These roles can be stressful and demanding, but they are crucial. As such, it can be prudent to make your...
The probate process can trigger several different types of conflicts. Knowing some of the common disputes that can arise during probate can help you prepare yourself for the road ahead - whether you are navigating it yourself or completing your own estate planning....
If you are making or revising your estate plan, one crucial component to address is your digital life. The assets, accounts and businesses you have online will likely require attention when you pass away, Unfortunately, people often forget to include certain details...
The steps you take (or do not take) to create an estate plan can affect your loved ones for generations to come. And establishing a trust for your children can play a significant role in this. Different trusts for different children When you are considering trusts for...
