Everyone has different personalities. Different personalities tend to handle money differently, so you may need to tailor your inheritance plans around the unique traits of each loved one. Often, this means leaving unequal shares of your estate to your adult...
If you have not yet made an estate plan, you may worry when you hear your friends and family talk about theirs. You might feel like the odd one out. Unfortunately, you are not. Yet you are right to worry. All adults should have an estate plan, but most don’t You can...
A recent news report out of Tucson contains dire warnings about an estate planning scam currently targeting Arizona citizens. Such scams offer the promise of huge savings on will and trust documents, but they drain away your assets instead. Scams that target the aging...
Most people automatically think about the will and trusts when they’re discussing estate plans. There’s another important component that must be taken care of – power of attorney designations. The power of attorney designations help to ensure your affairs are taken...
A trust is a legal document that ensures your assets are put to good use after your passing. Unlike a will, a trust bypasses the probate period and can avoid estate taxes. Likewise, a trust ensures your beneficiaries their allotment of your estate and privatizes any...
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...