Why You Need An Estate Plan, Even If You’re Not Rich
As you get older, you are probably thinking about how you want your inheritance divided when you pass away. You may have even heard that having an estate plan can be beneficial. Even if you aren’t rich, you still need to have an estate plan in place. What are some of the biggest reasons why? […]
What Happens to an Estate if a Beneficiary Dies Prematurely?
The primary goal of estate planning is to designate heirs for your assets. You may, for example, bequeath a summer home to your son or a stock portfolio to your daughter. But what happens to your assets if a beneficiary passes before you do? The short answer is “that depends.” If a beneficiary dies before […]
What Happens To Your Bank Account When You Pass Away?
Are you the primary provider in your family? Says your family depends on your income? If so, you must make sure you have a plan in place after you pass away. That way, you can make sure your family is taken care of. You must make sure your estate is distributed accordingly, so what happens […]
What Is Undue Influence When It Comes To Estate Planning?
When you pass away, you don’t want to have your heirs fighting over what is in the estate. However, this is common when family members are settling an estate and someone contests the will’s validity. When making this assertion, people have to contest that there was something wrong with the will or the signing of […]