Benefits of a Living Trust
Regardless of your wealth, estate planning is crucial to making sure that your prized possessions and other assets are handled in the best way possible after you die (or should you become otherwise incapacitated). While not a necessary component to estate planning, many find that building what is known as a “living trust” is a […]
4 Steps for Setting up Your Estate Plan
You know you should plan your estate to make things much easier for your loved ones in the event of your passing, but the truth is that estate planning probably hasn’t made its way onto your “to do list” just yet. You’re not alone. In fact, the reason most people put off planning their estate is because […]
Going Through a Divorce? You Need to Update Your Estate Plan
If you decide to divorce, it’s important to not overlook updating your estate plan. Consider this scenario: You suddenly die and your ex-spouse inherits everything then when he dies his new wife inherits what’s left. Or what if you survive a car accident but are hooked up to a life support system? Who do want […]
Avoid These Top 5 Estate Planning Mistakes
When it comes time to plan your estate to pass on to others, you need to make sure there are no mistakes. For example, if the person you plan to leave your estate to dies before you do, that’s a problem if you don’t update your estate plan. And never count on someone dying […]