Too many Americans do not have an estate plan. In fact, two out of every three people in this country do not have an estate plan at all. One of the biggest factors keeping people from creating an estate plan is not knowing what they should include in it. To help you...
If you’re preparing to divorce, it may seem like you’ve got a to-do list a mile long. Don’t forget to include updating your estate plan on that list. While the thought of dealing with any more documents and legal matters may be understandably unpleasant, you don’t...
There are many people who feel uncomfortable with the very concept of powers of attorney. These estate planning documents allow testators to name another party to manage their affairs while they are still alive. Powers of attorney take effect in the event of someone's...
An estate plan is essential for ensuring that your property and assets are distributed according to your wishes in the event of your death. However, it's not something you can do once and forget about it. There are multiple reasons why you might need to update your...
Disinheriting someone in your estate plan can cause disputes. The heir that got left out of the plan may claim that other siblings manipulated their parents through undue influence. Or they may claim that it must be an accident and that they were just forgotten during...
The goal of creating an estate plan is to maintain control over your care as you age and your property after you die. Whether you have a will or a trust, you likely spent a significant amount of time deciding the best way to divide your property among your loved ones....
When you talk to your children about your estate plan, you probably tell them who you want to receive certain property and how you want to split your remaining assets among them. However carefully you plan, your legacy could come apart at the seams if your estate plan...
You probably know the importance of estate planning and might be thinking of how to go about it. While it’s never too late to act, you need to be careful not to cause any misunderstanding when you are gone. For example, an improperly drafted will can throw succession...
Estate planning is often misconstrued as something that only rich people need to consider. This may be partly due to the term “estate” itself. Literally, the word means a vast amount of property or land. However, in terms of estate planning, the definition has a much...
For young people, estate planning is often the last thing on their minds. If you’re running your own business or caring for your newborn child, where are you going to find the time? While estate planning may not be your top priority as a young parent, it is certainly...