A well-written estate plan can do just as much for your surviving family members as it can for you. Building out your strategy will take time and could require the help of professionals. Keeping your plan updated throughout your life is the only way it can continue...
When it comes to estate plans, you have many different factors to review and every individual and family is in a unique position. There are pros and cons to each strategy, and the smartest approach to estate planning depends on your unique circumstances. If you have a...
When reviewing your estate plan, it is easy to feel overwhelmed at first. The bigger and more complex your estate is, the more complicated your plan, too. This often makes the concept of review feel like a gargantuan task. Fortunately, there are ways you can make it...
Parents are often worried about who will care for their children if they unexpectedly pass away. It is generally the parents’ responsibility make that difficult decision. Abdicating that responsibility and delegating it to a court is unadvisable, as no court can have...
There are many reasons to begin the estate planning process; however, no matter the reason, it is essential to ensure that it is complete. To each individual this might mean something else, but in general terms, this means considering what documents to include and...
Creating a will is a crucial step in your estate plan. While not having a will can cause issues, not updating your will can be equally problematic. Your will, along with the rest of your estate plan, should evolve alongside your life. Here are a few of the many...
When you are young, the last thing on your mind is dying. You probably live each day to its fullest without any concern about what will happen after your death. However, the bleak reality is that death can occur at any time. All it takes is one illness or accident to...
Some financially strapped seniors who might need Medicaid for their long term care sometimes find that their assets and income exceed eligibility requirements to receive Medicaid coverage. To make sure that they do qualify, some seniors spend their assets down to...
There are many tools in an estate planner's toolbox to help them develop an estate plan that works for them and reflects their wishes. Trusts are one part of an estate plan that many estate planners may have questions about and not entirely understand. Estate planning...
Creating a will and an estate plan is just the first step in ensuring one's assets are distributed according to their wishes after their demise. To make sure that it takes into account changes in laws and life situations, it should be revisited every couple of years....
