Estate planning can be a complex process, and it is all too easy to make errors that could affect your end-of-life preparations. Here is how to avoid common mistakes that could derail your arrangements. Keep your plans current Your circumstances and intentions can...
When should you update your estate plans?
Estate planning is an important part of ensuring your loved ones have everything they need after you pass. However, if you fail to update your plans regularly, you could leave your beneficiaries with a mess to sort through. Changes in your life can have significant...
What are the 4 main components of an estate plan?
Estate planning is a topic that most people do not want to discuss. After all, it can feel uncomfortable to think about death and what you want to do with your finances once you are gone. However, it is important to get your estate planning done so that your assets go...
Estate planning steps to take after remarriage
Remarriage can be a joyful occasion. This new chapter of your life brings new love and new opportunities. However, if you have children from a previous relationship, it may also bring new challenges. One way to protect your children when you remarry is to create an...
Do I need a trust or a will?
Wills and trusts are important tools for estate planning that share many similarities. Both allow you to formally state your wishes about what happens to your assets after your death. Both allow you to assert some degree of control over your estate. Wills and trusts...
Advance directives speak up when you cannot
Serious illness or a sudden accident can leave you unable to speak. Yet someone needs to make choices about your health care. How can you communicate while incapacitated? Make your wishes known and give your loved ones peace of mind by preparing advance directives....
Being at peace with your end of life planning
Like other residents in Iowa, you want what is best for yourself and your family. Because of this, you have decided to take steps to put certain protections in place when establishing an estate plan. But the estate planning process creates many concerns. First, it is...
Do I really need an estate plan?
If you are young and in good health, you probably believe that you do not need an estate plan. After all, you have no intention to die any time soon. However, it is a vital mistake to procrastinate making your end-of-life legal plans. An estate plan and its...
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