When planning for the future of your estate, you must get everything right to avoid leaving your loved ones in a tricky situation when you are gone. Having things in place will help prevent uncertainties or conflict over who gets what. When making your estate plans,...
One common complaint that people have when making an estate plan is that they're worried that one of their heirs is going to waste the money. They've spent their entire life saving up this inheritance, and they do want to pass it on to their children, but they want...
You may have recently considered an estate plan to deal with your assets after death. You spent a lifetime building your estate and you want it to last another lifetime with your friends and family. Knowing your assets will be in the right hands after you pass away...
For many people, estate planning is synonymous with the creation of a will. Wills are the most ubiquitous and universal estate planning documents. With one document, you can potentially leave instructions regarding the distribution of your property and the care of...
As you do your estate planning, you're likely putting most of your physical products into your will. These include major items like cars and homes, but you may even spell out what people should do with your movies, video games, pictures, music and other products. ...
When we’re young, it’s easy to imagine that we’ll live forever in good health. Our bodies heal relatively quickly from injury or illness, and we can bounce back even from more serious accidents. Still, life is full of surprises. The more life experience we live, the...
We all break our backs to be ready for life’s uncertainties and take care of our loved ones. However, the truth is life is unpredictable. One moment you may be full of life and the next fighting for that very life following a catastrophic car accident or an illness....
A living trust, also known as an inter vivos trust, is a legal document that allows you to appoint someone to manage your assets and financial affairs while you're alive for the welfare of the beneficiary. After the trustor's death, the trustees will manage the trust...
You know that you’re getting older, and you have decisions that need to be made in your estate plan. Still, you’ve put off doing it, because you know that it can be costly to put an estate plan together. It’s impossible to tell you exactly how much it will cost to...
If you want your family wealth to stretch across several generations and benefit them, it is important to do your estate planning right. You need to ensure that assets are protected from third parties and kept within the family tree. In such a case, having a simple...
