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...
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...
Most people are aware that it is smart to have comprehensive estate planning in place prior to death. However, do you know what actually occurs if you die without a will? Dying without a will is dying “intestate.” If this happens, it means that your estate is now...
An “estate plan” is a collection of legal documents written by an attorney and signed by you. They may tell the story of how you want to be treated when you get older or sick. They may say who you want for guardian of your kids. Then, at your death, these documents...
Thinking about death is never pleasant, but creating an estate plan is necessary. You do not want the loved ones you leave behind embroiled in conflict over your estate. Drafting a will is the first step in the process. At first, creating a will may seem simple....
Estate planning is not something that people really enjoy. After all, it is planning for your own death. However, it is an important process. By believing myths or allowing half-truths to keep you from planning your estate, you are only setting your family up for a...
