Estate Planning And Wills

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

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

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

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

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

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 make an estate

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 care of if you become incapacitated. #1: Types of power of attorney There are two primary

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 and elderly plague the nation, robbing citizens of thousands or more of their

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 financial dealings. You’ll have to consider what kind of

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 take the first step in