It’s hard to think about death when you’ve just brought new life into your home, but it’s important to make sure that your new baby’s future is protected. While no one wants to imagine their child growing up without them, you want to be certain that they will be...
A final will is a crucial part of any estate plan. This document can ensure that your assets are inherited by the people who you want to benefit from them. When drafting a will, there are a few crucial components to consider. If the following factors are not included...
Are you the kind of person that enjoys helping those close to you? If yes, then you may have accumulated a small fortune in loans and debts owed to you or your estate. In the interest of helping and giving, you might want to forgive those who owe you. On the other...
For years, many people believed estate planning was only something for older people or those who had a high net worth. Unfortunately, this has resulted in confusion regarding asset distribution, ongoing care in the case of incapacitation and other important issues...
Over the years, you’ve raised a family and also carried out work in the charity sector. Both of these aspects are extremely important to you, and you’d like your estate plan to reflect this. You know that you can leave assets to your loved ones through a will, trusts...
You know that the inheritance you're going to leave to your child is enough that they wouldn't technically have to work again if they didn't want to. They could have a standard of living that is probably higher than what's enjoyed by most people in the United States,...
Estate planning at an early age is a critical part of your comprehensive financial plan. It also provides your family with peace of mind that they have a roadmap to reference in the event of your death or incapacity.
If you're worried that your parents haven't done their estate planning yet, it may be wise to bring it up. This can be an awkward conversation, but it's also a very important one to have. After all, if they pass away without an estate plan, that can cause a lot of...
A common misconception about trust is that it is a preserve for the rich with massive estates. However, it is not necessarily the case. You could also benefit from having your assets held in a trust. Here is what you need to know. Having a trust essentially means...
Many people question when it’s appropriate to review their estate plans. Since people’s lives change often and sometimes in significant ways, it’s not a bad idea to review your estate plan on a regular schedule. While there is no specific schedule to follow, many...