A revocable trust can be a powerful tool in an estate plan. Whether you wish to bypass generations or protect future generations, consider including a revocable trust in your estate plan to help you reach your goals. What is a revocable trust? A revocable trust is a...
Finance is a tough conversation topic for anyone. Add in grief from the loss of a parent, and it may feel nearly impossible. One way to avoid conflict down the road is to work with your parents on their estate plan. Estate planning includes writing a will, trust, or...
Like every legal process, creating a comprehensive estate plan can often feel like an exceptionally challenging scenario. Considering one’s own mortality might be challenging enough but having to make end-of-life decisions about assets decades in advance takes on...
Estate planning is often viewed as a confusing or esoteric process. This perception is not without merit, as many states have complicated probate and taxation laws. However, there are some misconceptions that can be easily dispelled. Here are three of the most common...
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...
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...
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...
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...
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...
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....