Reviewing your estate plan may feel like an enormous task. This is especially true if your plan has a lot of components to it. Fortunately, you do not need to review each part every time you look over the plan. Instead, you want to focus on a few areas. These areas...
As you get deeper and deeper into the estate planning process, you will inevitably begin to recognize opportunities to avoid (or mitigate) expenses against your estate. Taking action to settle liabilities before your death, covering your funeral costs and avoiding...
No one enjoys talking about their end of life plans. Unfortunately, it is one of those things everyone dreads but needs to do anyway. After all, discussing your estate plan with your loved ones is vital to ensuring they understand your needs, wants and logic. But how...
There’s no way to stress the true importance of estate planning for people of all wealth levels. Estate plans protect our wishes regarding the dispensation of assets, name the beneficiaries for important accounts and policies, express our desires for medical care,...
After creating an estate plan, you must maintain its upkeep. This is a crucial step that not everyone knows about. But your life constantly changes, and your estate plan must reflect your most current circumstances. But what are the rules regarding estate plan...
When it is time to prepare your will, selecting a trustworthy personal representative is an essential and very important task. This person will take on the responsibility of winding up your affairs after your death. Here are four tips to help you make the perfect...
Figuring out what to do with property can be one of the stickiest aspects of estate planning. Property often gets stuck in probate for years, which is why comprehensive planning before the fact is paramount. In their quest to avoid probate, some estate planners...
After your death, you have very little control over what happens with your personal assets. The only control you have is when you create an estate plan, but even then, things can go awry. If your main concern is keeping your money in your family, then you need to...
Asking a court to appoint a conservator for your aging parent or relative may not be an easy one since a conservator will assume a lot of responsibility over your loved one. Still, sometimes it is necessary. In fact, some families have an urgent need for a conservator...
If you are making your estate plans, you want the executor of your estate to be the best person possible to handle the job. Whoever you appoint will have the responsibility to your heirs to make sure they receive their inheritance. In the event your executor...
