Why you should update your estate plan after a divorce
Divorce is a life-altering event that brings about significant changes in various aspects of your life. While the emotional and financial implications of divorce are obvious, it’s easy to overlook the impact a divorce can have on your estate plan. Are you unsure about the importance of updating your estate plan during this transitional phase?
Is leaving my home to my grown kids a good idea?
Your home is incredibly important to you on many levels. There’s a sentimental connection to the house where you have so many memories. Additionally, it may be your most valuable asset. As you approach estate planning, you’ll want to take both of these things into account. You may decide that it’s advisable to leave your
Preparing for the unknown: 3 benefits of a living will
Have you ever thought about what would happen if you could not make medical decisions yourself? A severe illness or injury could incapacitate you, making it impossible to communicate your medical preferences, such as the treatment you would want to be used to keep you alive, end-of-life care and other medical decisions. You may have
Creating a workable virtual visitation plan
Creating a workable virtual visitation plan can help co-parents to maintain a consistent relationship with their children via technology. A well-structured plan can ensure regular communication and meaningful interactions between each parent and their child, whenever the child is residing with the other parent. The keys to a workable virtual visitation plan essentially center on being considerate
3 common challenges that arise in co-parenting arrangements
Shared custody arrangements put a lot of pressure on families. Parents have to abide by a very strict schedule and negotiate any alterations to that schedule ahead of time. They need to communicate with one another and keep the focus on children whenever possible. The children have to deal with frequent transitions and the potential
5 questions to ask when making an estate plan
You’ve finally considered making an estate plan, but you don’t know where to start. Estate plans are complicated legal documents, so it’s only natural to not know all of your options. The following are common questions people have when making an estate plan: Who will be my heirs? You can name nearly anyone to inherit from
Can your co-parent withhold visitation?
Divorced parents can go through different things – one month, they are co-parenting successfully, and the following, they are not on good terms. While some try to solve their disputes sooner, other cases become serious, and a parent can be denied visitation. The Arizona Department of Child Safety facilitates parenting time between a child and the noncustodial
What if I don’t want a divorce?
When your spouse asks you for a divorce, you feel surprised and shocked. You certainly don’t want to get divorced. Maybe you felt like there were some issues with the marriage, but you would rather work through them. You don’t simply want to end that marriage. However, when you talk to your spouse, they’re adamant
3 secure storage options for your estate planning documents
If you are visiting this blog, you already understand the value of creating a solid estate plan. It protects your family’s inheritance, minimizes taxes and allows you to direct your healthcare regardless of your condition. Unfortunately, a well-prepared estate plan does little good if no one knows where to find your important documents. Instead of storing
What to know when leaving your kids unequal inheritances
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 children. Inform your loved ones For many, estate planning is personal and best left private. They would